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Understanding EOG Resources’ Q2 2018 Production Guidance

Understanding EOG Resources’ Q2 2018 Production Guidance

For the second quarter, EOG Resources (EOG) expects total production in the range of 670.3–706.2 Mboepd (thousand barrels of oil equivalent per day). On a YoY (year-over-year) basis, the midpoint of EOG Resources’ second-quarter production guidance range is ~14% compared to its production of 603.9 Mboepd in the second quarter of 2017.