EOG Resources Sees Fresh Drilling Momentum in Ohio with Two Recent Permits Filed

EOG Resources Inc (NYSE: EOG) has taken a measurable step to broaden its upstream operations by filing two new drilling permits in Tuscarawas County, Ohio, within the Appalachian Basin. These permits—Sproul Trs 14s and Sproul Trs 12s—were both officially filed on September 4, 2026, marking the company’s most recent expansion of activity beyond its core Permian and Gulf Coast operations.

The filings are documented in a Buckhead Energy drilling activity report, which identifies EOG’s most recent activity records. Both permits were submitted on September 4, 2026, reinforcing EOG’s active engagement in the Appalachian region as of early September. The report, refreshed daily, confirms these entries as the latest additions in the last 24 months.

Ohio’s Appalachian activity remains modest compared to EOG’s traditional hotspots—permitting and production remain predominantly concentrated in the Permian Basin and Gulf Coast. Nonetheless, these filings could reflect a strategic exploration or pilot-testing phase, potentially aimed at assessing the play economics or extending the company’s resource base. It remains to be seen whether this signals the beginning of more sustained activity in the region.

At the same time, broader drilling metrics from Buckhead Energy as of September 9, 2026, show no change in recent spud counts, producers online, or drilled-but-uncompleted (DUC) inventory for EOG—suggesting the Appalachian permits represent planning activity rather than immediate field execution. This cautious advance may align with EOG’s broader capital discipline and selective investment strategy following its second quarter 2026 results.

For context, on August 4, 2026, EOG released its Q2 earnings, posting net income of $2.72 billion (GAAP), or $5.15 per share, and adjusted net income of $2.68 billion, or $5.07 per share. The company also generated $4.7 billion in operating cash flow and $2.8 billion in free cash flow, returned $540 million via dividends and repurchased $1.3 billion in shares—continuing its disciplined approach to capital allocation.

While the new Ohio permits do not immediately alter EOG’s operational scale or financial profile, they are noteworthy as early indicators of geographic diversification. Investing readers may monitor upcoming drilling notices or updates for signs of actual spud activity or infrastructure investment in the Appalachian Basin.