Deeper Water: New Challenges
Hess Corporation Logo header

Deeper Water: New Challenges

  • Tubular Bells, Gulf of Mexico
  • Rob Fast, Vice President, Offshore Americas and West Africa
  • Dave Blackburn, Director, Equatorial Guinea Asset
The prize that deepwater development promises to unlock is great, but the resources required in terms of investment, technology, and people pose huge challenges―particularly in this low oil-price environment.

At the Deepwater Operations Conference, hosted Nov. 3 – 5 in Galveston, Texas, Rob Fast will discuss how offshore players can leverage the current down-cycle through innovation, collaboration, standardization, and lean thinking to emerge stronger as an industry. Fast is Hess’ Vice President of Offshore Americas and West Africa. He will present his keynote address on Nov. 4 at 8 a.m.

As world oil demand grows, more deepwater production will be required; the industry needs to reduce costs and cycle times, while keeping safety the priority. It is imperative that operators and suppliers innovate, collaborate and standardize, applying new behaviors to develop performance capability that reduces inefficiency and creates value. Hess has implemented lean management practices both offshore as well as onshore to improve performance in the areas of safety, quality, delivery and cost. Companies that leverage the down cycle to their advantage will be well positioned in any price environment.

Fast has 29 years of oil and gas industry technical and executive management experience. He joined Hess in 2009 and currently oversees the company’s assets and deep water projects in the Gulf of Mexico, Equatorial Guinea, and Ghana. Prior to assuming his current position in March 2014, Fast served as Vice President of New Ventures leading efforts to identify, capture, and appraise global unconventional resources. Fast joined Hess in 2009 in New York as Vice President of E&P Planning, Strategy & Value Processes, leading strategy development, portfolio optimization, business planning, and value assurance for the global E&P business. Before joining Hess, Fast spent 23 years working in various technical, engineering, project, and executive management roles with ExxonMobil.

Show details

Stop by Hess booth #607 to meet with our team and register to win a Hess toy truck or a canvas backpack.


Wednesday, November 4, 2015, 8 - 9 a.m.

Keynote featuring Dave Blackburn, Director, Equatorial Guinea Asset; Hess Corporation and Rob Fast, Vice President, Offshore Americas and West Africa; Hess Corporation

Wednesday, November 4, 2015, 3 - 4:30 p.m.

Session 4 Panel Discussion on Start-ups/First year Operations featuring Neil Hopkin, GoM Operations; Hess

Click here for a full calendar of events and conference information.
Latest Hess News
  • Hess in the Media: Unraveling the Bakken's EOR complexity

    Building on the many years of experience it built in its Permian Basin enhanced oil recovery (EOR) operations, Hess began an EOR R&D project in 2015 in the Bakken Shale. In 2016 the company drilled a gas injection and a production well targeting the Middle Bakken at Ross Field in Mountrail County, N.D., in the company's Red Sky acreage as part of the project.
    Full story
  • Hess Announces $1.0 Billion Share Repurchase Program

    The Hess Board of Directors has authorized the purchase of $1.0 billion of Hess common stock by the end of 2018. The newly authorized program is in addition to the $500 million share repurchase program Hess announced in late 2017.
    Full story
  • Hess Announces Seventh Oil Discovery Offshore Guyana

    Hess announced a seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well. The Pacora-1 well is located approximately four miles west of the Payara-1 well, and follows previous discoveries on the Stabroek block at Liza, Payara, Liza Deep , Snoek, Turbot and Ranger.
    Full story