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Hess Sanctions Payara Development, Offshore Guyana

  • LizaDestiny_sailaway_cropped
    12.20.2019

    Hess Announces First Production from the Liza Field, Offshore Guyana

    Hess today announced startup of production from the Liza Field offshore Guyana, less than five years after the first discovery of hydrocarbons and well ahead of the industry average for deepwater developments. Production from the first phase of the Liza Field, located in the Stabroek Block, is expected to reach full capacity of 120,000 gross barrels of oil per day in the coming months, with the first cargo set to be sold within several weeks.
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  • JOHNHESS-STILL_corrected_v21a copy
    11.06.2019

    Hess to Participate in Bank of America Merrill Lynch 2019 Global Energy Conference

    CEO John Hess will deliver a keynote presentation: Perspectives on Global Oil Outlook at the Bank of America Merrill Lynch 2019 Global Energy Conference in Miami Beach, FL Nov. 13, 2019.
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  • HESS_X_Rig_Aerials__0073_cropped
    10.30.2019

    Hess Reports Estimated Results for the Third Quarter of 2019

    Hess today reported a net loss of $205 million, or $0.68 per common share, in the third quarter of 2019, compared with a net loss of $42 million, or $0.18 per common share, in the third quarter of 2018. “We achieved strong operational performance once again this quarter, delivering higher production and lower capital and exploratory expenditures than previous guidance,” Chief Executive Officer John Hess said.
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  • TBells
    10.29.2019

    Hess Announces Gulf of Mexico Oil Discovery and Plans for Tie Back to Tubular Bells Production Facilities

    Hess Corporation today announced an oil discovery at the Esox-1 exploration well located in Mississippi Canyon Block No. 726 in the deepwater Gulf of Mexico. “We expect the well to be producing in the first quarter of 2020. As a low cost tieback to existing infrastructure, Esox should generate strong financial returns,” CEO John Hess said.
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  • NDakota_Marriott_103620_2688_20120712_cropped
    10.08.2019

    Hess Schedules Q3 2019 Earnings Release Conference Call

    Hess will hold a conference call on Wednesday, October 30, 2019 at 10 a.m. Eastern Time to discuss its third quarter 2019 earnings release.
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  • Tioga_Gas_Plant__0311
    10.04.2019

    Hess Corporation to Receive Cash and Equity from Sale of Hess Infrastructure Partners LP to Hess Midstream Partners LP

    Hess will receive approximately $275 million in cash and approximately 115 million newly issued units in Hess Midstream Partners LP (NYSE: HESM) as part of a proposed transaction announced today by HESM.
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  • HESS_DOW JONES 10 YEARS - 16-9 (003)
    09.17.2019

    Hess Named to Dow Jones Sustainability Index North America for Tenth Consecutive Year

    Hess has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the tenth consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a reference by shareholders who consider sustainability when making investment decisions.
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  • lizadestiny_cropped
    09.16.2019

    Hess Announces Another Oil Discovery Offshore Guyana at Tripletail

    Hess announced a discovery at the Tripletail-1 well on the Stabroek Block offshore Guyana. Tripletail-1 encountered approximately 108 feet (33 meters) of a high quality oil bearing sandstone reservoir.
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  • Hess Liza FPSO Offshore Guyana
    08.29.2019

    Hess Announces Arrival of Liza Destiny Offshore Guyana

    Hess announced today that the Liza Destiny, Guyana's first oil production vessel, has arrived at the Stabroek Block. The Floating, Production, Storage and Offloading (FPSO) vessel arrived following a 42 day journey from Singapore. This FPSO is a significant component of the Liza Phase 1 development, which involves four undersea drill centers with 17 wells.
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  • LizaDestiny_sailaway_cropped
    08.23.2019

    Hess to Participate in 2019 Barclays CEO Energy-Power Conference

    Hess announced that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on September 5, 2019 at 7:45 a.m. ET.
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  • UnivWyoming
    08.16.2019

    Hess-Supported Research at UW Attracts $8M in Federal Funds

    The U.S. Department of Energy is contributing $8 million to Hess-supported research at the University of Wyoming to advance recovery of stranded oil from unconventional reservoirs.
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