Hess Corp. (NYSE: HES) said Nov. 9 that drilling of the Aspy exploration well offshore Nova Scotia reached total depth of 7,400 m (24,278 ft).
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 third-quarter and reflected in the company’s quarterly report on Form 10-Q.
BP Canada as operator and Hess each hold a 50% participating interest.
Engine No. 1, which launched with $250 million in December, is now offering products available to Main Street and Wall Street investors, tapping into retail investors’ frustration that their main stock portfolios often don't address ESG concerns.
The hacking of the Colonial Pipeline and its subsequent shutdown in May unleashed one of the worst spills of schadenfreude in modern history.
API has published a new edition for the measurement of LNG shipments aboard marine gas carriers, Manual of Petroleum Measurement Standards (MPMS) Chapter 17.10.1/ISO 10976:2015, which includes updated requirements to enhance the reliability, accuracy and accountability of global LNG shipments.