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Hess Sees No Production Shut-ins on Hedges, Storage Capacity

2020-05-07 15:11:17| OGI

The company said that in 2020 about 80% of its production is hedged with put options for 130,000 barrels per day at $55 per barrel West Texas intermediate (WTI) crude, and 20,000 barrels per day at $60 per barrel Brent.

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Exxon Mobil, Hess, Concho, Callon, Kosmos Join US Producers Tightening Capex

2020-03-17 19:00:00| OGI

On average, Reuters estimates North America oil and gas producers have cut their 2020 budgets by about 30% since the fall in oil prices.

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Executive Q&A: Hess Bakken Outlook For 2020

2020-03-03 18:00:00| OGI

Dougie McMichael, director of Bakken well factory planning and execution at Hess, expands on the companys productivity and the technology drivers in the play in this one-on-one interview with Jessica Morales at the recent DUG Bakken & Rockies Conference & Exhibition in Denver.

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Hess Nears Esox-1 Startup As Shutdowns Cast Cloud On GoM

2020-01-29 21:44:17| OGI

The oil and gas company aims to hold U.S. Gulf of Mexico production steady at about 65,000 barrels of oil equivalent per day.

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Hess Posts Bigger-than-expected Quarterly Loss

2020-01-29 14:45:22| OGI

Hess Corp. reported a bigger-than-expected quarterly loss, as lower prices for its natural gas and NGL more than offset higher production at its Bakken shale assets in North Dakota.

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