By investing only in high return, low cost opportunities, we have built a differentiated portfolio of assets that is positioned to deliver industry leading cash flow growth over the course of the decade.
Hess’ 2021 E&P capital and exploratory budget is $1.9 billion, of which more than 80% will be allocated to Guyana and the Bakken. “Our capital program reflects our disciplined approach in the current oil price environment to preserve cash, core capabilities and the long term value of our assets,” CEO John Hess said.
Our company’s purpose – to be the world’s most trusted energy partner – guides our strategy and actions. We are committed to building a sustainable enterprise that helps meet the world’s energy needs in a safe, environmentally responsible, socially sensitive and profitable way.