Hess - Shale Directories

Joe Barone, Shale Directories
Blog
October 7, 2020

BHP to acquire further 28% stake in Shenzi field

Anglo-Australian multinational mining, metals and petroleum firm, BHP, is to acquire a 28% stake in the Shenzi oil and gas field from Hess Corporation, Kallanish Energy reports.

Joe Barone, Shale Directories
Blog
September 9, 2020

ExxonMobil makes new discovery offshore Guyana

ExxonMobil has announced its 18th offshore Guyana crude oil discovery at the Redtail-1 well, Kallanish Energy reports. That discovery will add to the 8 billion oil-equivalent barrels projected from the Stabroek Block.

Joe Barone, Shale Directories
Blog
July 30, 2020

Hess posts higher loss in Q2

U.S. oil and gas producer Hess Corporation posted on Wednesday a net loss of $320 million in the second quarter, compared to a loss of $6 million a year ago, Kallanish Energy reports.

Joe Barone, Shale Directories
Blog
March 19, 2020

EOG Resources cuts $2 billion or 31% from capex budget

Texas-based EOG Resources is cutting its 2020 capital spending by $2 billion or 31%, in the wake of the spreading coronavirus and the crude oil price war between Saudi Arabia and Russia that is impacting U.S.

Joe Barone, Shale Directories
Blog
October 15, 2019

Oil replacement rate hits 20-year low

Oil and natural gas companies have discovered 7.7 billion barrels of oil-equivalent (Bboe) year-to-date, according to Rystad Energy’s latest global discoveries report, Kallanish Energy learns.