Hess in the Media: How A Lean-Efficient, Cost-Effective Well Workover Can Do Wonders
When Materion Corp. and Hess Corp. developed and added the new ToughMet Sucker Rod Couplings to Hess wells, run times tripled, workover costs were cut significantly and fluid production increased by 10% to 15%. Hess’s Bakken asset is implementing this solution in 250 wells or more in 2017 to drive costs down for the company by almost $20 million.
Hess Announces Increase in Recoverable Resource Estimate for Stabroek Block and Significant Discovery at Cataback, Offshore Guyana
Hess today announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 10 billion barrels of oil equivalent, up from the previous estimate of more than 9 billion barrels of oil equivalent.
Hess Corporation to Make $9 Million, Three-Year Investment in Education in Houston's Underserved Communities
Hess announced a $9 million financial commitment over the next three years as part of its Learning for Life Partnership to fund educational programs and support services for children in three economically disadvantaged communities in Houston that are part of Mayor Sylvester Turner’s Complete Communities Initiative.
Hess to Participate in J.P. Morgan 2021 Energy, Power & Renewables Conference
Hess announced today that John Hess, Chief Executive Officer, will participate in the Fireside Chat at the J.P. Morgan 2021 Energy, Power & Renewables Conference June 23 at 8:50 a.m. Eastern Time.