HESS REPORTS ESTIMATED RESULTS FOR THE FIRST QUARTER OF 2017
The first quarter 2017 results were improved as higher realized crude oil selling prices and lower operating costs and exploration expenses more than offset the change in deferred income taxes and lower production volumes.
Hess Named to 2017 Best Corporate Citizens List
Hess Corporation (NYSE: HES) has earned a place on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens for 2017.
Hess: The Oracle of Lean in Oil and Gas
Lean times require lean measures. And the oracle of lean in oil and gas is New York City-based Hess Corp., which has found that the process of continuous improvement at the center of lean manufacturing also creates the opportunity for profit in a commodity resource business.
CERAWeek Video: Hess CEO Sees Developing Gap Between Supply, Demand
The energy industry’s lack of investment in offshore long-cycle projects is bound to create a widening gap between supply and demand by 2020, Hess CEO John Hess recently told a gathering of energy industry leaders, experts, government officials and policymakers in Houston.
Hess in the Media: Stampede, North Malay Basin Highlighted as Upcoming Cash Generators in Hess CAPEX Budget
A Subsea Engineering News article reported that “Stampede stays on track for 2018 first oil” and provided updates on the Stampede and North Malay offshore development projects.
Hess in the Media: E&P Magazine Features Innovation, Collaboration at Stampede
E&P Magazine featured Stampede as its February 2017 cover story on “Innovation through Collaboration.” The article examined how Hess and Heerema Marine Contractors collaborated to install 12 piles in 12 days leveraging Lean thinking to create value and improve safety, quality, delivery and cost.