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Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Beyond the wellhead, EOG has gone globalsigning gas sales contracts indexed to Brent, JKM (Japan Korea Marker), and Henry Hub prices to diversify revenue.
Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Beyond the wellhead, EOG has gone globalsigning gas sales contracts indexed to Brent, JKM (Japan Korea Marker), and Henry Hub prices to diversify revenue.
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