Hess Adds Value In Bakken With Plug-and-Perf Completions
Hess Corporation Logo header
SEARCH

Hess Adds Value In Bakken With Plug-and-Perf Completions

  • N_Dakota_Latza_105183_20121106_cropped
12.17.2018

Hess is shifting to a new completion design in the Bakken as part of a strategy to cost-effectively increase production. “Those new plug and perf completions are generating about a 15%-20% improvement in average IP 180 performance over sliding sleeve,” Greg Hill, president and COO for Hess, said during the company’s recent analyst day.

Full story

Related News
  • Hess Ranked Second Globally for Exploration Value Creation

    Drilling success in Guyana in 2018 earned Hess the number two spot in the industry for value created from wildcat drilling according to an annual exploration review by Rystad Energy. Only Exxon, co-owner and operator of the Stabroek Block, offshore Guyana, ranked higher.
    Full story
  • Hess Announces Regular Quarterly Dividend on Common Stock

    The Board of Directors of Hess Corporation today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on March 29, 2019 to holders of record at the close of business on March 18, 2019.
    Full story
  • Hess Announces Two New Discoveries Offshore Guyana

    Hess today announced positive results from the Tilapia-1 and Haimara-1 wells offshore Guyana, bringing the total number of discoveries on the Stabroek Block to 12.
    Full story