EOG Resources

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EOG Resources (EOG) was formerly known as Enron Oil & Gas.

In September, 2008, the company was reported to be actively drilling in the Susquehanna Basin of Pennsylvania. It paid a fine to the Susquehanna River Basin Commission of $450,000 for not complying with limits on water withdrawal for wells in the Basin.

An October, 2008 report found EOG having recorded 111 leases in Bradford County, Pennsylvania during 2008.

A later October report stated that EOG has active locations in both Bradford and Elk Counties in Pennsylvania.

In November, 2008 it was reported that EOG was involved in a joint veture with National Fuel through a subsidiary Seneca Energy to develop acreage in Pennsylvania where the latter owns drilling rights. The venture's first Marcellus well produced one million cubic feet of gas per day at first, but then production leveled out to around 400,000 cubic feet per day.

A January, 2009 report indicated that the joint venture has drilled five vertical wells, and it was in the process of drilling its seventh horizontal well. The decline in production from the first well was proably due to an ineffective frac. Additional results include Well 3 - 400 Mcf/d from a 1,200-ft horizontal leg in Marcellus. Well 4 - 1.4 MMcf/d from a 3,500-ft horizontal section. Two other wells were waiting for hydro-fracturing.

The company's CEO is Mark G. Papa.