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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

      Baldpate

      First production:
      1998
      Hess interest:
      50%, operator
      Co-Owners:
      Occidental Petroleum (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:
      Chevron (25%); Equinor (25%); CNOOC (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: Shell (operator 33.3%); Chevron (33.3%) Block 59: ExxonMobil (operator 33.3%); Equinor (33.3%)

      In 2016, Hess acquired a one-third non-operated interest in the Block 42 contract area, which is located offshore Suriname along the northeast margin of South America. 

       

      Deepwater Block 59, which is to the north and contiguous to Block 42, was awarded to Hess and co-venture partners ExxonMobil and Equinor in 2017. 

      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:
      Occidental Petroleum (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:
      20%
      Co-Owners:
      ExxonMobil (operator 35%); Ratio Petroleum (25%); Cataleya Energy (20%)

      The Kaieteur block is located approximately 155 miles offshore Guyana, adjacent to the Stabroek Block. The Kaieteur Block is approximately 3.3 million acres.

       

      Kaieteur Block
      Exploration Map Locations|South America|
      Guyana

      Guyana

      Stabroek Block

      First production:
      Liza Phase 1 2019
      Hess interest:
      30%
      Co-Owners:
      ExxonMobil (operator 45%); CNOOC (25%)

      The Stabroek Block, located approximately 120 miles offshore Guyana, is 6.6 million acres. Gross discovered recoverable resources for the Stabroek Block are currently estimated at approximately 9 billion barrels of oil equivalent with multi-billion barrels of additional exploration potential on the block. The Liza Phase 1 development delivered first production in December 2019, less than five years after discovery. Liza Phase 2, sanctioned in May 2019, is on track for start-up in early 2022. A third phase of development, at the Payara Field was sanctioned in September 2020. First oil is expected in 2024.

      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 (21.43%); Ecopetrol (21.43%)

      Esox, located in the Gulf of Mexico approximately 6 miles 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 of water and encountered approximately 191 net feet 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
      Co-Owners:
      PETRONAS (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%); TotalEnergies (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:
      ~81% for operated leases, ~10% for non-operated leases

      Hess discovered oil in North Dakota in 1951 and today is one of the largest producers in the Bakken with a premier acreage position in the core of the play. Our competitively advantaged infrastructure provides transport/market optionality. We have a proven track record of applying Lean and innovation to enhance returns. 

      Production Map Locations|North America|
      Malaysia

      Malaysia

      North Malay Basin

      First production:
      2013 early production; 2017 first production
      Hess interest:
      50%, operator
      Co-Owners:
      PETRONAS, 50%

      North Malay Basin project consists of 10 discovered gas fields located 186 miles offshore Peninsular Malaysia. Phase 1 of full field development achieved first gas in 2017, Phase 2 achieved first gas in 2019, and Phase 3 first gas is expected in 2022. Phase 4A was sanctioned in 2020.

      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%); Occidental Petroleum (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. Discovered in 1997, it 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.