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.
2023-07-12 - Tullow also expects its 2023 free cashflow to come in at $100 million at an oil price of $80/bbl.
2023-09-21 - The governments of Venezuela and Trinidad and Tobago signed an inter-institutional agreement related to joint hydrocarbon projects and bilateral trade between the countries.
2023-08-31 - The $222 million ultra-deepwater drillship contract is for the Dhirubhai Deepwater KG1 offshore India.
2023-07-25 - Chevron’s oil and gas output from the Permian Basin reached record levels in the second quarter, surpassing analysts’ production and earnings estimates.
2023-09-29 - Exxon and Hess' exit comes as the producers focus on their larger and highly productive Stabroek block, where more than 11 Bbbl of oil and gas have been discovered so far