John Hess, Chief Executive Officer, recently provided a keynote presentation at the Bank of America Securities 2022 Global Energy Conference. A replay is now available.

Hess announced two new discoveries at the Yarrow-1 and Sailfin-1 wells on the Stabroek Block offshore Guyana. The discoveries, which are the eighth and ninth this year, will add to the block’s previously announced gross discovered recoverable resource estimate of approximately 11 billion barrels of oil equivalent.

Hess is a leader in deepwater development and production, with top quartile performance in offshore drilling and project delivery. We are one of the largest gross operated deepwater producers in the Gulf of Mexico and also have offshore assets in Asia Pacific and South America.

Hess is a leading producer with premier acreage and an advantaged infrastructure position in the core of North Dakota’s Bakken shale formation. We have an inventory of high return drilling locations and a proven track record of asset optimization, cost reduction and value creation.