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Hess reported 395,000 barrels of oil equivalent per day (boepd) in the third quarter of 2023, up 13% from reported production of 351,000 boepd in the third quarter of 2022, primarily due to higher production in the Bakken, Guyana, and Southeast Asia.
Net production from the Bakken was 194,000 boe/d during the fourth quarter, Hess reported in earnings on Jan. 31. That’s up 2% from average Bakken output of 190,000 boe/d during the third...
30 paź 2023 · Bakken half-cycle break-even prices, which include costs for transportation, income taxes and price differentials, on average are expected to be $58.86 per barrel in 2023, much lower than the...
30 paź 2023 · NEW YORK (Reuters) - Chevron's deal announced last week to buy Hess, one of the largest operators in the Bakken shale play in North Dakota, could raise oil output there marginally but analysts...
Companies that are thus well poised to gain are Hess (HES), Marathon Oil (MRO) and ConocoPhillips (COP). Favorable oil price is backing modestly higher production volumes in Bakken.
28 sty 2021 · Hess Corp. executives see the Bakken Shale continuing to drive significant cash flow for almost another decade, despite a moratorium on federal oil and natural gas leasing by the Biden...
