array(3) { ["company_details"]=> array(13) { ["name"]=> string(16) "Hess Corporation" ["slug"]=> string(25) "d39a5-us-hess-corporation" ["logo"]=> string(84) "https://images.businessradar.com/linkedin_logos/2354a1d6-f27e-45f9-bc3d-a092caef3c75" ["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" ["address_street"]=> string(33) "1185 Avenue OF The Americas FL 40" ["address_place"]=> string(8) "New York" ["address_region"]=> string(8) "New York" ["founding_date"]=> string(10) "1920-02-13" ["website_domain"]=> string(8) "hess.com" ["website_url"]=> string(20) "https://www.hess.com" ["industry_codes"]=> array(2) { [0]=> string(31) "Crude Petroleum and Natural Gas" [1]=> string(18) "Petroleum Refining" } ["employee_count"]=> int(254) ["article_count"]=> int(1004) } ["articles"]=> array(9) { [0]=> array(7) { ["title_en"]=> string(94) "Hess Corporation increases oil and gas production from success in U.S. Bakken, offshore Guyana" ["snippet_en"]=> 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." ["url"]=> string(133) "https://www.worldoil.com/news/2024/4/25/hess-corporation-increases-oil-and-gas-production-from-success-in-u-s-bakken-offshore-guyana/" ["image_url"]=> NULL ["source"]=> string(12) "worldoil.com" ["publication_date"]=> string(10) "2024-04-02" ["categories"]=> array(5) { [0]=> string(17) "Energy Management" [1]=> string(18) "Expansion & Growth" [2]=> string(24) "Quarterly/Annual Figures" [3]=> string(17) "Production Issues" [4]=> string(6) "Energy" } } [1]=> array(7) { ["title_en"]=> string(84) "Payara reached 220,000 b/d production target three months ahead of schedule | OilNOW" ["snippet_en"]=> string(160) "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.& ..." ["url"]=> string(98) "https://oilnow.gy/news/payara-reached-220000-b-d-production-target-three-months-ahead-of-schedule/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/1271da2a-bf60-4bea-b9f9-4844fe49ee2b" ["source"]=> string(9) "oilnow.gy" ["publication_date"]=> string(10) "2024-02-01" ["categories"]=> array(3) { [0]=> string(13) "Raw Materials" [1]=> string(17) "Production Issues" [2]=> string(24) "Quarterly/Annual Figures" } } [2]=> array(7) { ["title_en"]=> string(56) "Guyana’s Stabroek acreage reaches production milestone" ["snippet_en"]=> string(75) "First oil from the offshore block's third phase, Payara, began in November." ["url"]=> string(88) "https://www.bnamericas.com/en/news/guyanas-stabroek-acreage-reaches-production-milestone" ["image_url"]=> NULL ["source"]=> string(14) "bnamericas.com" ["publication_date"]=> string(10) "2024-01-31" ["categories"]=> array(4) { [0]=> string(17) "Energy Management" [1]=> string(18) "Expansion & Growth" [2]=> string(17) "Production Issues" [3]=> string(6) "Energy" } } [3]=> array(7) { ["title_en"]=> string(55) "Oil production companies in the U.S. keep consolidating" ["snippet_en"]=> string(210) "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." ["url"]=> string(96) "https://www.npr.org/2024/01/18/1225446375/oil-production-companies-in-the-u-s-keep-consolidating" ["image_url"]=> string(78) "https://images.businessradar.com/articles/44edd489-5dbf-48f8-a7b7-e549b012ea8b" ["source"]=> string(7) "npr.org" ["publication_date"]=> string(10) "2024-01-18" ["categories"]=> array(5) { [0]=> string(17) "Energy Management" [1]=> string(17) "Production Issues" [2]=> string(25) "Business Model Resilience" [3]=> string(11) "Acquisition" [4]=> string(6) "Energy" } } [4]=> array(7) { ["title_en"]=> string(98) "First production from Payara Development offshore Guyana — Energy Chamber of Trinidad and Tobago" ["snippet_en"]=> string(300) "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. 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Raises 2023 Production Guidance as Profits Fall" ["snippet_en"]=> 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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["url"]=> string(85) "https://oilnow.gy/featured/exxon-to-execute-maintenance-activities-at-liza-phase-two/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/d982f432-47cc-49a4-b3f2-d12351202115" ["source"]=> string(9) "oilnow.gy" ["publication_date"]=> string(10) "2023-05-30" ["categories"]=> array(1) { [0]=> string(17) "Production Issues" } } [8]=> array(7) { ["title_en"]=> string(75) "Guyana issues Uaru production license; Hess follows Exxon with FID | OilNOW" ["snippet_en"]=> string(162) "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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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

Articles

Hess Corporation increases oil and gas production from success in U.S. Bakken, offshore Guyana

2024-04-02 (worldoil.com)

Hess Corporation increases oil and gas production from success in U.S. Bakken, offshore Guyana

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.

Read more
Payara reached 220,000 b/d production target three months ahead of schedule | OilNOW

2024-02-01 (oilnow.gy)

Payara reached 220,000 b/d production target three months ahead of schedule | OilNOW

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.& ...

Read more
Guyana’s Stabroek acreage reaches production milestone

2024-01-31 (bnamericas.com)

Guyana’s Stabroek acreage reaches production milestone

First oil from the offshore block's third phase, Payara, began in November.

Read more
Oil production companies in the U.S. keep consolidating

2024-01-18 (npr.org)

Oil production companies in the U.S. keep consolidating

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.

Read more
First production from Payara Development offshore Guyana — Energy Chamber of Trinidad and Tobago

2023-11-14 (energynow.tt)

First production from Payara Development offshore Guyana — Energy Chamber of Trinidad and Tobago

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

Read more
Hess Announces First Production from Payara Development, Offshore Guyana

2023-11-14 (tmcnet.com)

Hess Announces First Production from Payara Development, Offshore Guyana

Hess Announces First Production from Payara Development, Offshore Guyana

Read more
Hess Corp. Raises 2023 Production Guidance as Profits Fall

2023-07-27 (hartenergy.com)

Hess Corp. Raises 2023 Production Guidance as Profits Fall

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.

Read more
Liza Phase Two production dips in second half of April | OilNOW

2023-05-30 (oilnow.gy)

Liza Phase Two production dips in second half of April | OilNOW

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 ...

Read more
Guyana issues Uaru production license; Hess follows Exxon with FID | OilNOW

2023-04-28 (oilnow.gy)

Guyana issues Uaru production license; Hess follows Exxon with FID | OilNOW

Guyana’s Ministry of Natural Resources (MNR) announced approval of the Uaru Field Development Plan and the issuance of the Uaru Petroleum Production License ...

Read more

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