EOG Resources (EOG) Tops Q2 EPS by 17c

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EOG Resources Reports Second Quarter 2015 Results; Increases Potential Bakken Reserves to 1.0 BnBoe

August 6, 2015 4:07 PM EDT

HOUSTON, Aug. 6, 2015 /PRNewswire/ --

Increases Returns in All Key Plays with Improved Well Productivity, Lower Costs Maintains 2015 Total Company Oil Production Guidance; Reduces 2015 Capital Spending Guidance by $200 million Announces New Williston Basin Resource Potential ­Increases Bakken and Three Forks Net Reserve Potential by 600 MMBoe to 1.0 BnBoe ­Increases Drilling Inventory to 1,540 Net Wells ­Completes Record Bakken Well with Latest Advanced Completions Technology Exceeds Second Quarter Production Forecast and Reduces Per Unit Lease Operating Costs by 17% Versus First... More