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["description"]=>
string(2004) "Hess Corporation is a global independent energy company engaged in the exploration and production of crude oil and natural gas. We are an industry leader in the Bakken shale play in North Dakota, one of the largest producers in the deepwater Gulf of Mexico and a key natural gas producer and supplier to Peninsular Malaysia and Thailand. Hess is also engaged in exploration and appraisal activities offshore Guyana, participating in one of the industry’s largest oil discoveries in the past decade, as well as in the Gulf of Mexico and Suriname. Globally, Hess is recognized as an industry leader in environmental, social and governance performance and disclosure.
At Hess, six core values guide our actions as individuals at work and as a corporation: Integrity, People, Performance, Value Creation, Social Responsibility and Independent Spirit. They are the basic building blocks of our organization's culture and represent our company's collective conscience. While our strategy changes over time based on business conditions, our values are enduring.
We are committed to meeting the world's growing need for energy while making a positive impact on the communities where we do business. We strive each day to ensure the safety of our workforce and host communities while preserving the environment.
COMMUNITY GUIDELINES
Hess is not responsible for any content or comments published by 3rd party members. Any user-generated content published on this page is the sole responsibility of the user. To maintain a respectful discussion, our team asks that you respect the following:
-You agree to not post anything that is spam, abusive, profane, crude, defamatory or libelous toward a person, entity or belief
-You agree to not post false or incorrect information
-You agree to not post personal information (e.g. email address, phone number)
Hess welcomes your feedback. We ask that you send all questions, issues or inquiries through our website’s Contact Us page: www.hess.com/company/contact"
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["address_place"]=>
string(8) "New York"
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["founding_date"]=>
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string(94) "Hess Corporation increases oil and gas production from success in U.S. Bakken, offshore Guyana"
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string(238) "Hess’ E&P net income was $997 million in Q1 2024, compared with $405 million in Q1 2023. Net production was 476,000 boed in Q1 2024, compared with 374,000 boed in the Q1 2023, primarily due to higher production in Guyana and the Bakken."
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string(201) "Hess Corporation raised its 2023 production forecast by 4.7% due to strong operational performance as well as the expected early fourth quarter startup of Payara, its third development offshore Guyana."
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d39a5-us-hess-corporation
Hess Corporation
Location
New York
Founded
1920-02-13
Website
https://www.hess.com
Articles
1004 Articles
Category
Crude Petroleum and Natural Gas
Petroleum Refining
Description
Hess Corporation is a global independent energy company engaged in the exploration and production of crude oil and natural gas. We are an industry leader in the Bakken shale play in North Dakota, one of the largest producers in the deepwater Gulf of Mexico and a key natural gas producer and supplier to Peninsular Malaysia and Thailand. Hess is also engaged in exploration and appraisal activities offshore Guyana, participating in one of the industry’s largest oil discoveries in the past decade, as well as in the Gulf of Mexico and Suriname. Globally, Hess is recognized as an industry leader in environmental, social and governance performance and disclosure.
At Hess, six core values guide our actions as individuals at work and as a corporation: Integrity, People, Performance, Value Creation, Social Responsibility and Independent Spirit. They are the basic building blocks of our organization's culture and represent our company's collective conscience. While our strategy changes over time based on business conditions, our values are enduring.
We are committed to meeting the world's growing need for energy while making a positive impact on the communities where we do business. We strive each day to ensure the safety of our workforce and host communities while preserving the environment.
COMMUNITY GUIDELINES
Hess is not responsible for any content or comments published by 3rd party members. Any user-generated content published on this page is the sole responsibility of the user. To maintain a respectful discussion, our team asks that you respect the following:
-You agree to not post anything that is spam, abusive, profane, crude, defamatory or libelous toward a person, entity or belief
-You agree to not post false or incorrect information
-You agree to not post personal information (e.g. email address, phone number)
Hess welcomes your feedback. We ask that you send all questions, issues or inquiries through our website’s Contact Us page: www.hess.com/company/contact
Hess’ E&P net income was $997 million in Q1 2024, compared with $405 million in Q1 2023. Net production was 476,000 boed in Q1 2024, compared with 374,000 boed in the Q1 2023, primarily due to higher production in Guyana and the Bakken.
Hess Corporation said in its Q4 2023 earnings update that the Payara project reached its oil production target of 220,000 barrels per day (b/d) in January.& ...
Oil production in the U.S. keeps growing, setting new records. Meanwhile oil companies are snapping each other up in a wave of mergers that's resulting in fewer, bigger companies — and possibly even more oil.
Hess Corporation has announced startup of production from the Payara development on the Stabroek Block offshore Guyana, utilizing the Prosperity floating production, storage and offloading (FPSO) vessel. The Prosperity is expected to reach its initial production of 220,000 gross barrels of oil per d
Hess Corporation raised its 2023 production forecast by 4.7% due to strong operational performance as well as the expected early fourth quarter startup of Payara, its third development offshore Guyana.
Production guidance from Hess Corporation for the Stabroek Block indicates a reduction in 2023 Q2 compared to the prior quarter, as Exxon moves to execute m ...
Guyana’s Ministry of Natural Resources (MNR) announced approval of the Uaru Field Development Plan and the issuance of the Uaru Petroleum Production License ...
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