May 2 (Reuters) - EOG Resources ( EOG ) beat

first-quarter profit estimates on Thursday as the oil and gas

firm benefited from higher oil production.

Crude oil prices in the quarter mirrored prices from the

previous year as production cuts by OPEC+ countries offset lower

demand, helping oil producers such as EOG Resources ( EOG ).

Quarterly crude oil and condensate production was up

6.5% at 487,400 barrels of oil per day (bopd) from the previous

year.

The company reported an adjusted profit of $2.82 per share

for the quarter ended March 31, compared with analysts' average

estimate of $2.71 per share, according to LSEG data.