EOG Utica Production “Stronger Than Expected” – Drilled Dry Gas Well

EOG Resources, one of the largest oil and gas drillers in the U.S. (with international operations in several other countries), issued its third quarter update last week. EOG closed on its purchase of Utica driller Encino Energy in August (see EOG Closes on $5.6B Purchase of Encino Assets in Ohio Utica). Over the past three months, EOG has worked to integrate the Encino assets into what the company calls one of its "foundational plays" — the Utica — with a combined 1.1 million leased acres. According to EOG Executive VP & COO, Jeffrey Leitzell, production volumes outperformed in 3Q25, "largely driven by stronger-than-expected base production performance in our Utica asset."

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