Acquisitions & Divestitures

EOG Resources Inc. has retained BMO Capital Markets to sell certain assets on the Gulf of Mexico shelf and inland waters of Texas, representing an exit from its active Gulf of Mexico fields.

The package involves working interests in 20 federal blocks and 29 state tracts, totaling 30,000 net acres. Included in the offer are the inland Nine Mile Point and Mariner/Apache-operated deepwater Bass Lite assets in Texas state waters and in the Gulf of Mexico, respectively.

Current production is 27 million cubic feet equivalent per day, and net annualized ...