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                            UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                        WASHINGTON, D.C. 20549

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                              FORM 8-K
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                           CURRENT REPORT


  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


                   Date of Report: March 18, 2002

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                         EOG RESOURCES, INC.

        (Exact name of registrant as specified in its charter)


          DELAWARE                     1-9743          47-0684736
(State or other jurisdiction      (Commission File  (I.R.S. Employer
of incorporation or organization)     Number)       Identification No.)


       333 CLAY STREET
         SUITE 4200
       HOUSTON, TEXAS                                  77002
(Address of principal executive offices)             (Zip code)


                            713/651-7000
       (Registrant's telephone number, including area code)


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EOG RESOURCES, INC.



Item 5.  Other Events

Price  Swaps  and  Physical Contracts.   With  the  objective  of
enhancing  the certainty of future revenues, EOG Resources,  Inc.
(EOG),   a   Delaware  corporation,  enters  into   NYMEX-related
commodity price swaps and physical contracts from time to time.


(a)  2002 Price Swap Positions:

     o  Natural Gas Price Swaps - Tabulated below is a summary of EOG's
        2002 natural gas price swap positions with prices expressed
        in dollars per million British thermal units ($/MMBtu) and
        notional volumes in million British thermal units per day
        (MMBtud).  EOG accounts for these swap contracts under mark-to-
        market accounting.

                                Average Price      Volume
                 2002             ($/MMBtu)       (MMBtud)
         ---------------------  -------------    ----------
         January (closed)         $ 3.21          140,000
         February (closed)        $ 3.13          190,000
         March (closed)           $ 3.13          140,000
         April and May            $ 2.74          390,000
         June                     $ 2.84          300,000
         July through December    $ 3.26          100,000


     o  Crude Oil Price Swaps - Notional volumes of two thousand
        barrels of oil per day at an average price of $21.50 per barrel
        for the period March 2002 through December 2002.  EOG accounts
        for these swap contracts under mark-to-market accounting.


(b)  2002 Natural Gas Physical Contracts:

     EOG  had  2002  natural  gas physical contracts  for  95,000
     MMBtud  at  an average price of $3.03 per MMBtu for  January
     and  February  2002  in the U.S.  In Canada,  EOG  has  2002
     natural  gas  physical  contracts for  approximately  24,000
     MMBtud  at  an  average price of US$3.35 per MMBtu  for  the
     period  of January through March 2002, approximately  34,000
     MMBtud  at  an  average price of US$3.19 per MMBtu  for  the
     period  of April through June 2002, and approximately 24,000
     MMBtud  at  an  average price of US$3.35 per MMBtu  for  the
     period of July through December 2002.







                           SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.

                              EOG RESOURCES, INC.
                              (Registrant)




Date: March 18, 2002          By:  /s/ TIMOTHY K. DRIGGERS
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                                   Timothy K. Driggers
                                 Vice President, Accounting
                                   & Land Administration
                                (Principal Accounting Officer)