UNITED STATES
                          WASHINGTON, D.C. 20549

                                FORM 8-K

                             CURRENT REPORT

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

                    Date of Report: February 20, 2002


                           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)

         (Registrant's telephone number, including area code)




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
        volumes in million British thermal units per day (MMBtud).  EOG
        accounts for these swap contracts under mark-to-market

                                Average Price      Volume
                2002             ($/MMBtu)        (MMBtud)
        ---------------------   -------------     --------

        January (closed)           $ 3.21         140,000
        February (closed)          $ 3.13         190,000
        March                      $ 3.13         140,000
        April and May              $ 2.68         290,000
        June                       $ 2.76         200,000
        July through December      $ 3.26         100,000

     o  Crude Oil Price Swaps - Notional volumes of two thousand
        barrels of oil per day for the period March 2002 to December 2002
        at an average price of $21.50 per barrel.  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. and approximately 24,000 MMBtud  at  an
average price of US$3.35 per MMBtu for the period January through
December 2002 in Canada.



     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.

Date: February 20, 2002       By:   /s/ TIMOTHY K. DRIGGERS
                                     Timothy K. Driggers
                                  Vice President, Accounting
                                    & Land Administration
                                 (Principal Accounting Officer)