An undisclosed buyer agreed to acquire Northern Midland Basin Assets from EOG Resources, Inc. (NYSE:EOG) for $165 million in January 2026.

The transaction is subject to customary closing adjustments.

Raymond James Financial, Inc. (NYSE:RJF) acted as financial advisor for EOG Resources, Inc.

An undisclosed buyer completed the acquisition of Northern Midland Basin Assets from EOG Resources, Inc. (NYSE:EOG) on February 18, 2026.