Company Report
Hess Corporation oil and gas exploration summary
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Report summary
Guyana has delivered transformational success for Hess: giant volumes with excellent full-cycle returns. Future exploration drilling along the western edge of the Atlantic Margin is central to Hess' medium- term strategy. Two legacy offshore areas remain as cash generators: Malaysia (long-life gas) and deepwater US Gulf of Mexico (near-field and exploration opportunities). Full details are provided in our report, and all data and analysis can be downloaded in excel and pdf format.
Table of contents
- Exploration strategy
- Results summary
- Current portfolio and outlook
- Production and potential cost of production
-
Value creation
- World-class success and value creation in Guyana
- Pre-2015 conventional exploration delivered large resource additions but little value
Tables and charts
This report includes 17 images and tables including:
- Hess Corporation's current acreage - top 15 countries (in '000 km2)
- Net exploration and appraisal wells by country
- Exploration & appraisal spend and reinvestment
- Exploration success rates
- Largest 10 conventional discoveries (net, 2013 to 2022)
- Volumes discovered by year
- Volumes discovered by water depth
- Volumes discovered by country
- Volumes discovered by basin
- Production from new field discoveries as a proportion of all future production
- Finding and development costs for added resources
- Full-cycle economics
- Top 10 conventional discoveries by development value (2013-2022)
- Value and spend by country
- Exploration returns by water depth
- Value creation
- Exploration returns by year
What's included
This report contains:
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