Hess Corporation - Drilling Completed on Aspy Well
Hess Corporation (NYSE:HES) has announced that drilling of the Aspy exploration well offshore Nova Scotia reached total depth of 7,400 meters. The prospect did not encounter commercial quantities of hydrocarbons and Hess' share of the well cost through September 30, 2018 will be expensed in the thir ...Hess Reports Estimated Results for the Third Quarter of 2018
HESS REPORTS ESTIMATED RESULTS FOR THE THIRD QUARTER OF 2018 Key Highlights: Announced a ninth oil discovery on the Stabroek Block, offshore Guyana, at the Hammerhead-1 exploration well located approximately 13 miles southwest of the Liza-1 well The Hammerhead discovery adds to the p ...Hess Reports Estimated Results for the Third Quarter of 2018
Key Highlights: Announced a ninth oil discovery on the Stabroek Block, offshore Guyana, at the Hammerhead-1 exploration well located approximately 13 miles southwest of the Liza-1 well The Hammerhead discovery adds to the previously announced estimate of gross discovered recoverable reso ...
NEW YORK--(BUSINESS WIRE)--Sep. 14, 2018-- Hess has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the ninth consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is us ...Wood Providing Operations Services to Hess in the Gulf of Mexico
HOUSTON, September 6, 2018 -- Hess Corporation has awarded Wood a three year non-exclusive agreement for the provision of operations, maintenance and other support services in the Gulf of Mexico. Hess and Wood have worked together for more than 25 years on a wide range of projects worldwide and ...Hess Completes Sale of Utica Acreage
NEW YORK--(BUSINESS WIRE)--Aug. 31, 2018-- Hess Corporation (NYSE: HES) today announced that it has completed the previously announced sale of its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC for net cash consideration of approximately $400 millio ...Hess Announces Ninth Discovery Offshore Guyana
Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels Maximum offshore value creation through rapid development and accelerated exploration NEW YORK--(BUSINESS WIRE)--Aug. 30, 2018-- Hess Corporati ...Wood Launches Mew Phase of Subsea Integrity Management Industry Network
Wood has further extended the SURF IM Network, which aims to share experience and lessons learned from subsea integrity and reliability issues and is supported by 10 major global operators: BP, Chevron, ExxonMobil, Hess, Husky, PETRONAS, Shell, Suncor, Total and Woodside. Led by Wood and establish ...Hess Reports Estimated Results for the Second Quarter of 2018
Key Highlights: Estimate of gross discovered recoverable resources on the Stabroek Block, offshore Guyana (Hess 30 percent), increased to more than 4 billion barrels of oil equivalent; total discoveries to date have established the potential for up to five FPSOs to produce over 750,000 barr ...Hess Announces Increased Resource Estimate for Stabroek Block, Offshore Guyana
Estimate of gross discovered recoverable resources for the Stabroek Block increased to more than 4 billion barrels of oil equivalent Planning underway for a third phase of development Total discoveries to date establish potential to produce over 750,000 barrels per day by 2025 NEW YORK-- ...Hess Announces Sale of Utica Acreage
NEW YORK--(BUSINESS WIRE)--Jun. 29, 2018-- Hess Corporation (NYSE:HES) today announced that it has entered into an agreement to sell its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC for net cash consideration of approximately $400 million, effecti ...Hess Announces Eighth Oil Discovery Offshore Guyana
Longtail-1 well encounters approximately 256 feet of high-quality, oil-bearing sandstone Discovery is in southeast portion of Stabroek Block, near Turbot discovery Adding third drillship to accelerate exploration of high value prospects NEW YORK--(BUSINESS WIRE)--Jun. 20, 2018-- Hess Cor ...Hess Announces Eighth Oil Discovery Offshore Guyana
Longtail-1 well encounters approximately 256 feet of high-quality, oil-bearing sandstone Discovery is in southeast portion of Stabroek Block, near Turbot discovery Adding third drillship to accelerate exploration of high value prospects NEW YORK--(BUSINESS WIRE)--Jun. 20, 2018-- Hess Cor ...Hess Acquires Interest in New Acreage Offshore Guyana
Hess Corporation (NYSE:HES) today announced that its subsidiary, Hess Guyana(Block B) Exploration Limited, had reached agreement with Esso Exploration and Production Guyana Limited (ExxonMobil) to acquire a 15 percent participating interest in the Kaieteur Block, offshore Guyana. The Cooperative Re ...Hess Announces $1.0 Billion Share Repurchase Program
NEW YORK--(BUSINESS WIRE)--Mar. 8, 2018-- Hess Corporation (NYSE: HES) today announced that its Board of Directors has authorized the purchase of $1.0 billion of Hess common stock by the end of 2018. The newly authorized program is in addition to the $500 million share repurchase program Hess annou ...
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