Hess Corp.
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Hess is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. We are a leading shale oil and gas producer, a leader in deepwater development and production and a focused, high impact explorer. Our high-graded, focused portfolio includes offshore Guyana, deepwater Gulf of Mexico, the Bakken shale in North Dakota and Malaysia. Formerly Amerada Hess Corp.
Editor's note: Updated July 16, 2019.
Symbol(s)
Headquarters Address
1185 Avenue of the Americas 40th Floor
New York, NY 10036
United States
Website
www.hess.comMain Phone Number
News
Hess CEO John Hess said he sees "multibillion barrels of additional exploration potential remaining on the block."
The biggest wildcard is global upstream oil investment, which has slumped from $650 billion before the COVID-19 pandemic to around $…
As the world transitions toward a low-carbon future, oil and gas companies must invest in high-return, low-cost opportunities, said…
Exxon Mobil also announced the Liza Unity FPSO vessel to be utilized for the Liza Phase 2 development set sail from Singapore to…
Check out these E&P and drilling activity highlights from around the world.
New Financings
Purchased $500 million of common stock through an accelerated stock repurchase program and $500 million…
Hess Corp. will redeem all of its 8.125% notes due February 15, 2019, of which $349.6 million aggregate…
Priced public offering of 25 million common shares priced at $39 each. Underwriters will have a monthlong…
Concurrent with common share offering, priced public offering of 10 million depositary shares at $50 each…
Plans to offer 5.6% senior notes due 2041 to fund the acquisition of Total SA's 7.85% interest in…
Activity Highlights
WIlliams
ND
United States
A Middle Bakken completion was announced by New York City-based Hess Corp. in North Dakota’s Williams County. The Tioga Field well is in Section 25-105n-95w and was drilled to 20,154 ft with a true vertical depth of 9,583 ft. The #158-95-2526H-2…
Mountrail
ND
United States
Hess Corp. completed an Alkali Creek Field-Middle Bakken well in North Dakota’s Mountrail County. The #155-94-3526H-10 EN-Sorenson B was drilled in Section 35-155n-94w to a total depth of 20,532 ft and a true vertical depth of 10,280 ft. It…
Mountrail
ND
United States
Two Middle Bakken producers were completed at a Mountrail County, N.D., pad in Section 30-157N-94W by Hess Corp. The #157-94-3031H-1 TI-Nelson flowed 1,490 bbl of 39.4°crude, 1.769 MMcf of gas and 2,503 bbl of water daily from fracture-treated…
McKenzie
ND
United States
A Hawkeye Field completion by Hess Corp. initially flowed 4,082 bbl of 40° API oil, with 7.107 MMcf of gas and 1,302 bbl of water per day from Middle Bakken. Located in Section 34-152m-95w in McKenzie County, N.D., #152-LE-95-3427H-1 HA-Nelson A…
Hess Corp. announced results from an Upper Miocene venture in Garden Banks Block 260 at #0A008S0B OCS G09216 ST00BP00. IHS Markit reported that the well was tested flowing 471 bbl of 30.2° API oil, 901,000 cu ft of gas and 410 bbl of water per…
Transactions
INEOS Acquires Hess Upstream Business in Denmark for $150 Million
INEOS Acquires Hess Upstream Business in Denmark for $150 Million
Hess Grows Offshore Guyana Holdings Through Farm-in Deal
Hess Grows Offshore Guyana Holdings Through Farm-in Deal
Hess Sells Bakken Acreage in $312 Million Deal to Enerplus
Hess Sells Bakken Acreage in $312 Million Deal to Enerplus
Hess Sells Stake in Deepwater Gulf of Mexico Field for $505 Million
Hess Sells Stake in Deepwater Gulf of Mexico Field for $505 Million
Marketed: Hess Eagle Ford Shale ORRI Package
Marketed: Hess Eagle Ford Shale ORRI Package