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EOG Resources, Inc. Declares Quarterly Dividend on Common Stock

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FOR IMMEDIATE RELEASE: Thursday, September 16, 2004

The Board of Directors of EOG Resources, Inc. (EOG) has declared its regular quarterly dividend of $.06 per share on the common stock of the company, payable October 29, 2004, to shareholders of record as of October 15, 2004. The indicated annual rate is $0.24.

EOG Resources, Inc. is one of the largest independent (non-integrated) oil and natural gas companies in the United States with substantial proved reserves in the United States, Canada, offshore Trinidad and, to a lesser extent, the United Kingdom North Sea. EOG Resources, Inc. is listed on the New York Stock Exchange and is traded under the ticker symbol "EOG".

For Further Information Contact:
Maire A. Baldwin 
(713) 651-6EOG (651-6364)

Media and Investors 
Elizabeth M. Ivers 
(713) 651-7132

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