What is the history of EOG Resources?

EOG Resources, founded in 1999, has a rich history of growth and success in the oil and gas industry. It emerged as a result of the merger between Enron Oil & Gas Company and the natural gas division of Houston Natural Gas. Initially focused on onshore drilling, EOG rapidly expanded its operations and diversified its resource base. The company strategically acquired assets in prolific shale plays, including the Barnett, Eagle Ford, and Bakken formations, pioneering advancements in horizontal drilling and hydraulic fracturing techniques. EOG's emphasis on innovation and operational efficiency propelled its reputation as a leading independent exploration and production company. Over the years, EOG consistently delivered strong financial performance, maximizing shareholder value while prioritizing responsible development and environmental stewardship. With a resilient history of adaptability and a commitment to technological advancement, EOG Resources continues to play a vital role in shaping the energy industry.