Hess

Hess has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s list of 100 Best Corporate Citizens for 2018.

ExxonMobil’s hot streak of offshore discoveries have sparked investor interest in the Guyana-Suriname basin. How did the company get there, and why do industry representatives feel optimistic about future deepwater prospects in the region?

The Hess-operated field, which drew first oil in January, is expected to produce 80,000 BOPD as production ramps up this year.

Despite optimism in a shift from “lower for longer” oil prices, industry executives stressed the value of maintaining efficient operating practices.

A pilot project carried out by Hess demonstrates how quickly automated drilling technology is able to take a rig from the bottom of the pack in terms of performance and push it to the top.