Hess in the Media: The New Oil
Hess Corporation Logo header
SEARCH

Hess in the Media: The New Oil

  • EP_NewOil
11.12.2018
With an acreage position that spans an area the size of New England, Hess’ Bakken operations are expansive. As North Dakota’s second largest producer, keeping production flowing for the company is critical. The company leveraged digital technologies to drive reliability, productivity and efficiency safely. Through its use of exception-based surveillance (EBS), actual issues affecting well operations in the field are identified. The company has spent the last few years developing this type of system to identify its sick wells from the healthy ones.

“Traditional oil and gas production surveillance was service technicians driving around and checking wells that made squeaks and leaks and looking for wells where the pumps were not going up and down,” said Mike Turner, senior vice president of production for Hess. “You’re in a place with 1,600 wells, 600 pads and facilities spread out over a space the size of New England with more wells being added. Driving around and checking is not a good kind of health care plan.”

Full story
Related News
  • MSCI Upgrades Hess to AAA in Annual ESG Rating Assessment

    Hess has received a AAA rating in the MSCI environmental, social and governance (ESG) ratings for 2021 after earning AA ratings from MSCI ESG for 10 consecutive years. The AAA rating designates Hess as a leader in managing industry specific ESG risks relative to peers.
    Full story
  • 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.
    Full story
  • Hess Announces Oil Discovery at Pinktail, Offshore Guyana

    Hess today announced another oil discovery on the Stabroek Block offshore Guyana at Pinktail.
    Full story