Production

EOG 1Q Profits Surge, with Plans to Run 39 Rigs in 2018

EOG Resources Inc., whose focus is spread across the Midcontinent, Rockies, Permian Basin and the Eagle Ford Shale, reported a surge in profits and revenues during the first quarter, while making progress on its plans to boost oil production by 16-20%, increase free cash flow by more than $1.5 billion, and reduce well costs and operating expenses. Read More