Hess' Q1 Production Up to 391,000 bbl/d
Hess Corporation reported that Exploration and Production earnings were $824 million in the first quarter of 2008 compared with $340 million in the first quarter of 2007. The Corporation's oil and gas production, on a barrel-of-oil equivalent basis, was 391,000 barrels per day in the first quarter of 2008, compared with 382,000 barrels per day in the first quarter of 2007.
Operates 4 Offshore Rigs
- Hess: World Needs New Offshore Oil Investments to Avoid Shortages (Sep 28)
- Hess Slashes 2017 Capital Budget After Quarterly Loss (Jul 26)
- Suriname Signs Offshore Oil Deals with ﻿Exxon, Hess and Statoil (Jul 14)