Hess in the Media: Hess brings Stampede project online
Hess Corporation Logo header
SEARCH

Hess in the Media: Hess brings Stampede project online

  • Stampede_Resized_Newsroom
02.07.2018

U.S. oil company Hess has started first production from its operated Stampede development in the Gulf of Mexico, reports Offshore Energy Today. The development includes subsea production and injection wells tied back to a single tension leg platform (TLP). Gross topsides processing capacity for the project is approximately 80,000 barrels of oil per day and 100,000 barrels of water injection capacity per day. The TLP was installed at its offshore location during the second quarter of 2017.

Full story 

Related News
  • In the Media: Evolution of Designs Hastens U.S. Shale Boom

    Hess’ financial and production metrics have experienced a marked increase following its move to plug-and-perf (PNP) completion designs and improved well spacing after the price collapse of 2014. The company reported in its December 2018 investor presentation that its adoption of PNP completions is forecast to result in increases in production to about 200,000 boe/d and net present value by about $1 billion.
    Full story
  • Hess Announces Regular Quarterly Dividend On Common Stock - June 2019

    The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on June 28, 2019 to holders of record at the close of business on June 17, 2019.
    Full story
  • Hess Ranked Top Oil and Gas Company on 2019 Best Corporate Citizens List

    Hess has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens of 2019. The annual list recognizes public companies across the U.S. for outstanding environmental, social and governance transparency and performance.
    Full story