oil & gas assets
You have accessed this news story:

BS - Hess opts for more capex in 2020, but less in Bakken - February 11, 2020



Feed Icon
During 2020, Hess Corp. plans to grow production 15% YOY at midpoint to 330,000- 335,000 boe/d and spend $3 billion on E&P, up from $2.9 billion in 2019. Of the total, 80% will be allocated to growth assets in the Bakken and Guyana. In the Bakken $1.375 billion—down $100 million versus 2019—will fund a sixrig program to drill 170 wells and bring 175 wells online; production is expected to reach 200,000 boe/d by YE20......
 
Provide your credentials to access this page

Member Area: Log in if you have a PLS web account or Sign up for internet access now.

PLS Web Client?
Log in to proceed







Sign up for PLS Reports
& Web Access!


Already subscribed to Reports?
Sign up for Web Access!
Search For More News