The long-term culmination of EOG's engineering work is impressive. Returns in 2015 are higher at $65 per barrel WTI, than returns in 2012 at $95 per barrel WTI.
EOG can now obtain about a 35% rate of return, even with WTI at $50. However, as we will see later, EOG is not interested in growing production at just a 35% rate of return.