Hess Increases Budget With Most Going To Guyana And Bakken
The remaining $175 million will be used primarily for front-end engineering and design work for future development phases on the Stabroek Block.
Exploration and appraisal, as previously stated, will get $450 million in 2022 and will be used for the drilling of 12 exploration and appraisal wells on the Stabroek Block in Guyana, the Huron-1 well in the Green Canyon area of the Gulf of Mexico, and the Zanderij-1 well on Block 42 in Suriname.
Funds are also included for seismic acquisition and processing in Guyana, Suriname, and the deepwater Gulf of Mexico, and license acquisitions.
To contact the author, email email@example.com
View Full Article
What do you think? We’d love to hear from you, join the conversation on the
Rigzone Energy Network.
The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community that will empower your career in energy.
Editor | Rigzone