EOG Expects Low-Single-Digit Oil Growth in 2027 as Janus Expansion Advances

EOG Resources expects oil growth at a low-single-digit rate in 2027 while advancing a $300 million Janus project designed to reach capacity of 600 million cubic feet per day.

CEO and Chairman Ezra Yacob called 2026 “an outstanding year for EOG,” citing record production of oil, natural gas liquids and natural gas. He also said per-unit cash operating costs and depreciation, depletion and amortization came in below the midpoints of guidance.