EOG Resources Q2 2026: Texas & New Mexico Permits, Spuds & Production

EOG reported 1,410.4 MBOE/d of total crude oil equivalent production in the second quarter of 2026, $2.799 billion of free cash flow, and $1.587 billion of capital expenditures. The current state-record pull shows a different split by state: 229 New Mexico permits and 45 reported spuds in the current 90-day windows, compared with 91 Texas permits and one matched Texas spud signal.

The state records are not a national EOG total. New Mexico spuds use reported spud dates in the permit records. Texas spuds use a separate matched spud-signal table. The source dates and definitions stay visible below.

Q2 company results

These figures are from EOG's August 4, 2026 Form 8-K and supplemental results. They describe the company's consolidated quarterly results.

Current state-record check

The permit windows are anchored to the latest loaded permit record in each state. New Mexico and Texas do not share one universal source clock.

The current New Mexico record layer is more active in the 90-day spud table. Texas has a larger permit base than the recent matched spud count suggests, but the Texas matched spud table is older for EOG than the permit table. That is a difference in the records currently available, not proof that no Texas drilling occurred.

New Mexico counties

The current New Mexico rows are concentrated in Lea County. Lea accounts for all 45 New Mexico reported spuds in the current 90-day view.

Texas counties

These named county rows account for 71 of 91 Texas 90-day permit rows. The remaining 20 rows carry non-county or unresolved labels in the current result and are left out of the public county table.

The Texas table therefore shows both Permian-area counties and South Texas counties. The current record set should not be reduced to a Delaware Basin-only description.

Production-month context

The current state rollup has June 2026 as the latest month for the primary numbered New Mexico row and May 2026 for the primary numbered Texas row.

These are state production records. They are not added to EOG's company-reported Q2 production figure. Other EOG-labelled rows and non-numbered duplicates remain separate.

What the current records show

The company result is broad: higher quarterly production, higher free cash flow, and slightly higher capital expenditures year over year.

The state records are more specific. New Mexico currently carries the larger EOG permit and reported-spud footprint, concentrated in Lea County. Texas carries 91 permits in the current 90-day window across named counties in both the Permian and South Texas, while only one EOG-matched Texas spud signal falls inside that same window.

That difference is the main point of the current pull. A permit count and a reported-spud count answer different questions, and the Texas source clock is older for EOG's matched spud rows than its permit clock.

What to watch next

• Whether New Mexico permit activity continues after the August 14 permit record.
• Whether new New Mexico spud rows appear after July 24.
• Whether Texas permits continue under EOG RESOURCES, INC. after August 4.
• Whether the Texas matched spud table receives newer EOG rows after April 23.
• Whether Lea County remains the dominant New Mexico county in the next source refresh.
• Whether the next complete state production month extends the June New Mexico and May Texas rows.

Current records available in the app

The app can take this Q2 snapshot down to the underlying operator label, county, permit date, spud date, production month, well row, map, and direct facility record. The public page shows the selected aggregate rows; the full row-level table and map remain part of the current operator workflow.

Sources and definitions

Company figures come from EOG Resources' Q2 2026 Form 8-K and Exhibit 99.1. The quarterly filing is also available in EOG's Q2 2026 Form 10-Q.

Texas records are based on the Texas Railroad Commission public data sets. New Mexico records are based on New Mexico Oil Conservation Division source records.

Permits, reported spuds, production records, and facility records are separate layers. A permit is not a spud, a spud is not a completion, and a facility row is not proof of a contract, ownership, expansion, or in-service status.

For current operator records, aliases, permits, wells, production histories, infrastructure records, exports, alerts, and API access, request EnergyNetWatch access.

What to request

Request the current EOG Texas/New Mexico operator table with the filed labels kept separate. Include county detail, permit and reported-spud dates, production-month rows, map context, and direct facility records when the question is tied to a specific area.

Frequently Asked Questions

Are the permit counts a company-wide EOG total?

No. They are counts for the named Texas and New Mexico source labels and the windows shown in the table. They are not a national total.

Why are New Mexico spuds and Texas spud signals different?

New Mexico spuds use reported spud dates in the permit records. Texas uses a separate matched spud-signal table. The two states have different record structures and source clocks.

What is the latest production month?

The primary numbered state row is June 2026 for New Mexico and May 2026 for Texas in this pull. Those state production rows are separate from EOG's consolidated Q2 company results.