EOG Resources is advancing its Dorado development in Webb County, Texas, a low-cost dry natural gas project in the Eagle Ford shale. The company plans a carbon capture and storage pilot at the site, aiming to inject CO2 into deep geological formations instead of venting it. Dorado targets stacked Eagle Ford and Austin Chalk formations with high initial production rates and controlled costs, designed to deliver returns even at modest gas prices. The project balances EOG's oil-heavy portfolio with a scalable dry gas platform tied to Gulf Coast and Mexican demand. The carbon capture pilot is a notable step for emissions reduction in upstream gas operations, though details on injection capacity and timeline remain unclear. For investors, Dorado signals EOG's disciplined approach to gas development with optionality in future LNG markets.
