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EOG Leverages South Texas Play to Secure LNG Contracts with Global Price Exposure

Natural Gas Intelligence · last updated

Executives at Houston’s EOG Resources Inc. called the firm’s Dorado natural gas play in South Texas a “foundational asset” for its high returns, with significant “running room” and the ability to support dedicated crews while generating free cash flow.

Map Of EOG Resources’ Dorado Natural Gas Acreage In South Texas Showing Core Area In Webb County Near Encinal, With Pipeline Links To Agua Dulce, Corpus Christi, Brownsville, Freeport, HSC-Katy, LNG Export Terminals And Potential Export Markets Along The Texas Gulf Coast

At A Glance:

  • Dorado $1.40/Mcf breakeven
  • Ties volumes to JKM, Brent
  • EOG grows output year/year in 4Q