Hess Corporation | Hess Global Operations
hess operations header image
Hess Corporation Logo header
SEARCH

Operations

  • Hess Ensuring Sustainable Growth and Shareholder Value

    Portfolio Focused on Lower Cost, High Return Assets

    Hess is a leading shale oil and gas producer, one of the largest producers in the deepwater Gulf of Mexico and a key natural gas producer and supplier to Peninsular Malaysia and Thailand. The company 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 the Gulf of Mexico, Suriname and Nova Scotia.

Hess Exploration Strategy

Exploration

Hess has a growing inventory of material oil discoveries on the Stabroek Block, offshore Guyana, a prolific world world-class oil play. We are also pursuing a play extension of Guyana discoveries offshore Suriname as well as an emerging deepwater play offshore Nova Scotia, Canada.

Hess Onshore Operations

Onshore Operations

Hess has earned a reputation for top-quartile performance in unconventional oil and gas production in the U.S. We have a premier acreage position in two key U.S. shale plays — the North Dakota Bakken shale play with a robust inventory of high return drilling locations in the core of the play, and in the wet gas window of Utica shale play in Ohio.  We have a proven track record of applying Lean manufacturing techniques to drive down costs and increase well productivity and efficiency.

Hess Tubular Bells in the Gulf of Mexico

Offshore Operations

Hess is one of the largest producers in the deepwater Gulf of Mexico and a key natural gas producer and supplier to Peninsular Malaysia and Thailand. We have proven deepwater drilling and project delivery capabilities and have been selected as operator by Malaysian national oil company and Gulf of Mexico co-venture owners.

Hess: the Oracle of Lean in Oil and Gas

Hess: The Oracle of Lean in Oil and Gas

After learning about the company’s process of continuous improvement, Oil and Gas Investor called Hess “the oracle of Lean in oil and gas.”  “What Lean also does is it really drives defects out of your business,” says Hess COO Greg Hill. “The operations need to be very focused on reliability. What that has allowed us to do is to increase to over 1,500 operated wells now with effectively no additional operations staff by eliminating inefficiency.”