EOG Goes Desert Wildcatting in UAE Shale Play

As if the Permian wasn’t enough, EOG Resources just picked up a juicy new onshore shale block in Abu Dhabi. Announced Friday, the U.S. shale heavyweight secured full operatorship of Unconventional Onshore Block 3 (UCO3), a nearly 900,000-acre stretch of oil-prone rock in the Al Dhafra region, smack in the middle of one of the most watched oil basins in the world. The block sits in an over-pressured basin—code for "this thing could gush if we get it right"—and EOG is wasting no time. Drilling is slated for the second half of 2025,…