Hess

One hydraulic fracturing job can stimulate two wells, but economic success hinges on doing it in the right place for the right price.

The new frontier of production improvement combines surveillance techniques and analysis to determine which variables boost output.

Drillships Deepwater Asgard and Deepwater Atlas have fresh US Gulf Mexico campaigns upcoming that will earn the driller more than $500,000 per day.

Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.

In 2022, Hess and the government of Guyana announced an agreement for the company to purchase 37.5 million REDD+ carbon credits directly from the government, one of the largest private-sector forest preservation agreements in the world. This paper explores the analysis of decarbonization pathways, voluntary carbon markets, and individual carbon offset projects that ul…

Twenty-six companies participated in what was the last GOM lease sale scheduled until 2025.

The all-stock transaction is the second megadeal to rock the energy industry this month.

The Exxon-lead consortium, which includes Hess and the China National Offshore Oil Corporation as partners, will present a field development plan to the Guyana government in October for the Whiptail field.

The trend in fracturing designs has been longer stages with more perforation clusters, which save time and money. But there are a couple of companies testing whether shorter is better for production.

The Pickerel-1 well encountered 90 ft of high-quality oil-bearing Miocene reservoir and will be tied back to the Tubular Bells production facilities.