Since 2016, Hess has maintained offshore acreage in Suriname along the northeast margin of South America. Hess views this acreage as a potential play extension from Guyana's Stabroek Block, featuring similar play types and trap styles, with …

Apr 12, 2024 · Hess Corporation announced it has made a final investment decision to proceed with Whiptail, the sixth development on the Stabroek Block, after receiving government and regulatory approvals. Whiptail is expected to add gross production capacity of approximately 250,000 barrels of oil per day by the end of 2027.

Hess is a leading producer with premier acreage and an advantaged infrastructure position in the core of North Dakota’s Bakken shale formation. We have an inventory of high return drilling locations and a proven track record of asset optimization, cost reduction and value creation!

Jul 27, 2022 · NEW YORK--(BUSINESS WIRE)--Jul. 26, 2022-- Hess Corporation (NYSE: HES) today announced two new discoveries at the Seabob-1 and Kiru-Kiru-1 wells on the Stabroek Block offshore Guyana.

Dec 13, 2022 · GEORGETOWN, Guyana--(BUSINESS WIRE)--Dec. 2, 2022-- Hess Corporation (NYSE: HES) and the Government of Guyana today announced an agreement for Hess to purchase high quality carbon credits for a minimum of $750 million between 2022 and 2032 directly from the Government of Guyana. This agreement will …

Apr 4, 2022 · NEW YORK--(BUSINESS WIRE)--Apr. 4, 2022-- Hess Corporation (NYSE: HES) today announced it has made a final investment decision to proceed with development of Yellowtail offshore Guyana after receiving government and regulatory approvals.

The historic REDD+ Carbon Credits Purchase Agreement between Hess and the country of Guyana, announced on December 2, 2022, stands as one of the largest private-sector forest preservation pacts worldwide.

Jan 5, 2022 · NEW YORK--(BUSINESS WIRE)--Jan. 5, 2022-- Hess Corporation (NYSE: HES) today announced two significant discoveries at the Fangtooth-1 and Lau Lau-1 wells on the Stabroek Block offshore Guyana. These discoveries will add to the block’s previously announced gross discovered recoverable resource estimate of approximately 10 billion barrels of ...

Nov 13, 2024 · Hess, ExxonMobil Guyana and CNOOC have committed nearly US $55 billion to develop six government-sanctioned developments on the Stabroek Block, offshore Guyana. The first three projects – Liza Phase 1, Liza Phase 2 and Payara – are averaging more than 650,000 barrels of oil per day in production.

When you join Hess, you become part of a unique, performance-driven company that’s been called one of the best-kept secrets in the energy industry. Hess Corporation is a leading global independent energy company with opportunities for talented people …