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Event ID: 2004 Source: Microsoft-Windows-Re-Exhaustion-Detector

Level
Description
Windows successfully diagnosed a low virtual memory condition. The following programs consumed the most virtual memory: <program> (<PID>) consumed <value> bytes, <program> (<PID>) consumed <value> bytes, and <program> (<PID>) consumed <value> bytes.
Comments
 
EV100376 (Detecting Low Virtual Memory Conditions in Windows 2008 and R2) provides suggestions on how to identify the culprit for the low memory condition.
According to T774731, the Resource Exhaustion Detector component of Windows Resource Exhaustion Detection and Resolution (RADAR) identifies the top three consumers of committed memory and warns you when the system commit charge reaches a critical level.
In my case this event occured after a P2V migration of SBS2008. Deletion and recreation of the paging file on a dedicated virtual volume solved the issue for me.

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