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Hess Corporation is a leading independent energy company with operations in more than a dozen countries m.

    Hess Corporation is a leading independent energy company with operations in more than a dozen countries g.

       
       
       

       
       

       
       

       
       
      Gulf of Mexico, United States

      Gulf of Mexico, United States

      Shenzi

      First production:
      2009
      Hess interest:
      28%
      Co-Owners:
      BHP Billiton, operator (44%), Repsol YPF (28%)

      Shenzi, located in the Gulf of Mexico 120 miles off the Louisiana coast, in the deepwater Green Canyon area, was discovered in 2002 and achieved first oil in 2009.

      Shenzi
      Exploration Map Locations|North America|
      Gulf of Mexico, United States

      Gulf of Mexico, United States

      Baldpate

      First production:
      1998
      Hess interest:
      50%, operator
      Co-Owners:
      Anadarko (50%)

      Baldpate, located in the Gulf of Mexico 110 miles off the Louisiana coast in the Garden Banks area, was discovered in 1991 and achieved first oil through the world's first free-standing compliant tower platform in 1998. 

       

      Baldpate
      Exploration Map Locations|North America|
      Gulf of Mexico, United States

      Gulf of Mexico, United States

      Stampede

      First production:
      2018
      Hess interest:
      25%, operator
      Co-Owners:
      Union Oil (Chevron) (25%), Equinor Gulf of Mexico LLC (25%), Nexen Petroleum Offshore U.S.A. Inc. (25%)

      Stampede, located in the Gulf of Mexico 115 miles south of Fourchon, Louisiana, in the deepwater Green Canyon area, was discovered in 2005. Stampede is one of the largest undeveloped fields in the Gulf of Mexico. First production was achieved in January 2018.

      Stampede
      North America|Exploration Map Locations|
      Gulf of Mexico, United States

      Gulf of Mexico, United States

      Llano

      First production:
      2004
      Hess interest:
      50%
      Co-Owners:
      Shell, operator (27.5%), ExxonMobil (22.5%)

      Llano, located in the Gulf of Mexico approximately 150 miles off the Louisiana coast in the Garden Banks area, was discovered in 1997 and achieved first oil in 2004. 

      Llano
      Exploration Map Locations|North America|
      Gulf of Mexico
      Production Map Locations|Exploration Map Locations|North America|
      Gulf of Mexico, United States

      Gulf of Mexico, United States

      Tubular Bells

      First production:
      2014
      Hess interest:
      57.14%, operator
      Co-Owners:
      Chevron (42.86%)

      Tubular Bells, located in the Gulf of Mexico 135 miles southeast of New Orleans in the deepwater Mississippi Canyon area, was discovered in 2003 and achieved first oil in 2014.

      Tubular Bells
      Exploration Map Locations|North America|
      Guyana
      South America|Exploration Map Locations|
      Suriname

      Suriname

      Suriname

      Hess interest:
      Block 42: 33.3%, Block 59: 33.3%
      Co-Owners:
      Block 42: Kosmos Energy Suriname (operator, 33.3%), Chevron Suriname Exploration Limited (33.3%). Block 59: ExxonMobil Exploration and Production Suriname B.V. (operator, 33.3%), Equinor Suriname B59 B.V. (33.3%)

      In 2016, Hess Suriname Exploration Limited, a wholly-owned subsidiary of Hess Corporation, acquired a one-third non-operated interest in the Block 42 contract area, which is located offshore Suriname in the Guyana-Suriname Basin along the northeast margin of South America. The block is 1.5 million acres at water depths ranging from 1,800 to 2,700 meters.

      In 2017, Hess announced entry to Block 59 along the northeast margin of South America, approximately 190 miles from Suriname’s capital city of Paramaribo. The 2.8 million acre block, which is contiguous to Block 42, is in water depths ranging from approximately 2,000 to 3,600 meters and shares a maritime border with Guyana.

      South America|Exploration Map Locations|
      Gulf of Mexico, United States

      Gulf of Mexico, United States

      Penn State

      First production:
      1999
      Hess interest:
      50%, (operator)
      Co-Owners:
      Anadarko (50%)

      Penn State, located in the Gulf of Mexico 125 miles off the Louisiana coast, is a subsea tieback to Baldpate in the Garden Banks area. Penn State was discovered in 1995 and achieved first oil in 1999.

      Penn State
      Exploration Map Locations|North America|
      Guyana

      Guyana

      Kaieteur Block

      First production:
      N/A
      Hess interest:
      15%
      Co-Owners:
      Esso Exploration and Production Guyana Ltd., operator (35%), Ratio Guyana Ltd. (25%) and Cataleya Energy Ltd. (25%)

      The Kaieteur block is located approximately 155 miles offshore Guyana, adjacent to the Stabroek Block. The Kaieteur Block is approximately 3.3 million acres, which is equivalent in size to more than 580 deepwater blocks in the Gulf of Mexico.

       

      Kaieteur Block
      Exploration Map Locations|South America|
      Guyana

      Guyana

      Stabroek Block

      First production:
      N/A
      Hess interest:
      30%
      Co-Owners:
      Esso Exploration and Production Guyana Ltd., operator (45%), CNOOC Petroleum Guyana Limited (25%)

      On the 6.6 million acre Stabroek Block, offshore Guyana, 16 significant discoveries have been made since 2015. Gross discovered recoverable resources for the Stabroek Block including 15 discoveries through yearend 2019 are currently estimated at more than 8 billion barrels of oil equivalent with multi-billion barrels of additional exploration potential on the block. A 16th discovery on the block at Uaru in January 2020 will be incremental to this resources estimate.

      The Liza Phase 1 development delivered first production in December 2019. Liza Phase 1 consists of 17 wells connected to a floating production, storage and offloading (FPSO) vessel designed to produce up to 120,000 barrels of oil per day, gross.

      The second phase of the Liza development, sanctioned in May 2019, will utilize a second FPSO with gross production capacity of approximately 220,000 barrels of oil per day, with start-up expected by mid 2022. Planning is underway for a third phase of development at the Payara Field.

       

      Stabroek Block
      Exploration Map Locations|South America|
      Gulf of Mexico, United States

      Gulf of Mexico, United States

      Esox

      First production:
      2020
      Hess interest:
      57.14%, operator
      Co-Owners:
      Chevron U.S.A., 42.86%

      Esox, located in the Gulf of Mexico approximately 6 miles (10 kilometers) east of the Hess-operated Tubular Bells production facilities, was discovered in 2019 and achieved first oil in 2020. The Esox-1 well was drilled in 4,609 feet (1,405 meters) of water and encountered approximately 191 net feet (58 meters) of high quality oil bearing Miocene reservoirs.

      Esox
      North America|Exploration Map Locations|
      United States
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      EXPLORATION

      Hess pursues an exploration program that delivers value and long-term growth through a balanced global portfolio.

      Malaysia/Thailand JDA

      Malaysia/Thailand JDA

      JDA Block A-18

      First production:
      2005
      Hess interest:
      50%, joint venture operator through Carigali Hess
      Co-Owners:
      PETRONAS Carigali (50%)

      Block A-18 in the Malaysia/Thailand Joint Development Area (JDA) is located in the Gulf of Thailand about 93 miles from Kota Bharu, Malaysia and 161 miles from Songkhla, Thailand. Gas was discovered in 1971 and production began in 2005.

      Production Map Locations|Asia|
      Libya

      Libya

      Libya

      First production:
      1962
      Hess interest:
      8.16%
      Co-Owners:
      NOC, (59.16%), ConocoPhillips (16.33%), Marathon Oil (16.33%), Waha Oil Company (operator)

      Hess is a partner in the Waha Concessions in Libya with 13 producing fields in the hydrocarbon-rich Sirte Basin. Five large oil fields were discovered between 1958 and 1961 and production started in 1962.  Production has been interrupted in recent years due to civil unrest, but resumed in 2017.

      Production Map Locations|Africa|
      North Dakota

      North Dakota

      Bakken Shale

      First production:
      1957
      Hess interest:
      ~70% for operated leases, ~10% for non-operated leases

      Hess discovered oil in North Dakota in 1951. With its prime, industry-leading acreage position, Hess Bakken operations in North Dakota are competitive with the best shale-oil plays in the world. Our top quartile operating performance and our infrastructure advantage help us deliver some of the highest returns in the play. We continue to increase productivity and reduce drilling and completions costs through the consistent, widespread and focused application of Lean. We have established more drilling spacing units in the core of the play than any other operator and our initial production rates (IPs) have continued to increase due in part to our continued downspacing of wells and increased frac stages.

      Production Map Locations|North America|
      Denmark

      Denmark

      South Arne

      First production:
      1999
      Hess interest:
      61.5%, operator
      Co-Owners:
      INEOS DeNos (36.8%), Danoil (1.7%)

      South Arne, located 150 miles west of Esbjerg in the Danish North Sea, was licensed in 1989 and has produced oil and gas since 1999.

       

      Production Map Locations|Europe|
      Malaysia

      Malaysia

      North Malay Basin

      First production:
      2013
      Hess interest:
      50%, operator
      Co-Owners:
      PETRONAS Carigali, 50%

      Hess operates the North Malay Basin - Integrated Gas Development project, located 186 miles offshore Peninsular Malaysia, under a Production Sharing Contract with PETRONAS. The field was discovered in 1979 and began production in 2013. North Malay Basin full field development achieved first production of natural gas in July 2017.

       

       

      Production Map Locations|Asia|
      Gulf of Mexico
      Production Map Locations|Exploration Map Locations|North America|
      Gulf of Mexico, United States

      Gulf of Mexico, United States

      Conger

      First production:
      2000
      Hess interest:
      37.5%, operator
      Co-Owners:
      Shell (37.5%), Anadarko (25%)

      Conger, located in the Gulf of Mexico 125 miles off the Louisiana coast, is a subsalt, high-pressure, high-yield gas/condensate field in the Garden Banks area, was discovered in 1997 and achieved first oil in 2000.

      Conger
      Production Map Locations|North America|
      United States
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      PRODUCTION

      Hess is committed to a long-term strategy of growing its reserves and production. We had 1.4 billion boe of proven reserves at the end of 2014.