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Hess' Stampede is off and running in GoM

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On 05 February 2018, Hess announced first production from their Stampede development in US Gulf of Mexico started in January. Stampede was sanctioned in late October 2014 when oil was above US$80/bbl but on the way down. The decision fell under scrutiny as the commodity price continued to plunge but Stampede comes online in the money. Stampede is the first stand-alone development to start-up in over 16 months.

Table of contents

  • Sanctioned at the start of the fall in oil prices but comes online in the money

Tables and charts

This report includes 2 images and tables including:

  • Annual production (mmboe/d)
  • Stampede field

What's included

This report contains:

  • Document

    Hess' Stampede is off and running in GoM

    PDF 1.07 MB