Company Report

Hess Corporation oil and gas exploration summary

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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Guyana has delivered transformational success for Hess: giant volumes with excellent full-cycle returns. 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
    • World-class success and value creation in Guyana
    • Exploration outside Guyana failed to deliver value

Tables and charts

This report includes the following images and tables:

  • Hess Corporation's current acreage (in '000 km2)
  • Net exploration and appraisal wells by country
  • Exploration & appraisal spend and reinvestment
  • Exploration success rates
  • Largest 10 conventional discoveries (net, 2014 to 2023)
  • 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
  • 5 more item(s)...

What's included

This report contains:

  • Document

    Hess Corporation oil and gas exploration summary

    PDF 3.01 MB