EOG Resources Inc., Houston, (NYSE: EOG) reports its 2009 operations in the North Dakota Bakken, Texas Barnett and Louisiana Bossier plays.

With a position in excess of 500,000 net acres in the Bakken, EOG focused drilling operations on its 100,000 net acres in the Bakken Core during the first part of 2009. As crude oil pricing gradually improved over the course of the year, EOG expanded its drilling program outside of Parshall Field to its Bakken Lite acreage.

EOG began testing its first wells in the Three Forks formation in both the Core Parshall Field and the Bakken Lite. Initial production profiles are encouraging with recoverable reserves expected to be similar to those in the Bakken Lite, according to EOG.

The Van Hook 100-15H (305 working interest) was drilled in Mountrail County, N.D., and tested the Three Forks in Parshall Field. Initial production was 1,390 barrels of oil per day.

Also in Mountrail County, EOG drilled two Bakken Lite wells toward the end of the year. The Ross 05-08H (100% working interest) began initial production at 370 barrels per day with estimated reserves of 350,000 barrels of oil. To test a longer length lateral, EOG drilled the James Hill 01-31H (79% working interest) which began initial production at 650 barrels per day, in-line with pre-drill expectations.

EOG extended the productive area of its acreage by drilling a well in Williams County, 90 miles west of Parshall Field. The Round Prairie 1-17H (95% percent working), is producing at a stabilized rate of 450 barrels per day and is expected to have a similar production profile as a Bakken Lite well.

Having recognized the need for additional crude oil takeaway capacity from the Williston Basin, EOG designed, constructed and placed in service at year-end a rail and pipeline system to transport its crude oil from the core of this basin, Stanley, N.D., to a market hub, Cushing, Okla.

In the Fort Worth Basin, EOG commissioned a plant in February 2009 that extracts natural gas liquids from the rich natural gas production stream of the Barnett Combo play. This enabled EOG to move into development drilling of both vertical and horizontal wells in Montague and Cooke Counties.

EOG recently completed four vertical wells in Cooke County. The Dangelmayr #5 and B#6 began initial production at rates of 700 barrels of oil and 450 thousand cubic feet of gas per day; and 500 barrels of oil with 300 thousand cubic feet of gas per day, respectively.

The Fitzgerald #2 and #14 began production at initial rates of 300 barrels of oil with 200 thousand cubic feet of gas per day’ and 450 barrels of oil with 400 thousand cubic feet of gas per day, respectively. EOG has 100% working interest in the wells.

In Montague County, using horizontal technology, EOG recently completed the Boyd B #1H (96% working interet), which began flowing to sales at 300 barrels of oil with 1.5 million cubic feet per day. Also in Montague County, EOG completed the Flying V #1H (100% working interest), at 250 barrels of oil with 1.4 million cubic feet per day. EOG is testing optimal well spacing on its Fort Worth Barnett Combo acreage.

In an area EOG had previously focused on the Haynesville, EOG reported strong production results from its first Bossier gas test. The Sustainable Forest 5 – No. 2 Alt. (100% working interest), drilled to a vertical depth of 11,400 feet in the Trenton prospect area in DeSoto Parish, La., began producing at 13 million cubic feet per day. The well is estimated to have reserves in excess of 8 billion cubic feet.

EOG is currently operating five rigs in the Trenton prospect where it is drilling and developing both the Bossier and Haynesville reservoirs concurrently.

EOG chairman and chief executive Mark G. Papa says, "Over the last several years, we have channeled a greater amount of EOG's capital expenditure program toward crude oil and liquids-rich opportunities. The resulting increase in our liquids volumes, which is significant, reflects EOG’s progress in shifting toward a more balanced mix in our North American production portfolio.”

In 2010, EOG plans a 47% increase in total liquids production. The liquids growth will be driven by expanded operations in the North Dakota Bakken where EOG plans to execute an active drilling program in the Bakken Core and Lite, as well as the Three Forks. Also fueling the liquids growth will be an increased level of drilling activity in the Fort Worth Barnett Combo and Waskada Field in Manitoba.

EOG's North American gas production is expected to increase 2% over 2009 figures. Plans are to ramp up activity levels in the Haynesville, Bossier and Marcellus shales during the second half of the year. In the Horn River Basin, EOG will operate an active drilling program in the first half of the year, with the goal of completing and turning wells to sales during the second half of 2010.

EOG has oil and gas assets primarily in the U.S., Canada, offshore Trinidad and the U.K. North Sea.