Hess outlines 2012 offshore spending plans

Jan. 12, 2012
Hess Corp. plans to spend about $1.6 billion in 2012 on production operations that include Gulf of Mexico production and water injection wells at Shenzi and production wells at Llano field, plus production wells offshore Equatorial Guinea.

Offshore staff

NEW YORK – Hess Corp. plans to spend about $1.6 billion in 2012 on production operations that include Gulf of Mexico production and water injection wells at Shenzi and production wells at Llano field, plus production wells offshore Equatorial Guinea.

Development spending is pegged at $1.8 billion, and that includes drilling at Tubular Bells in the GoM, redevelopment and gas lift at Valhall in the Norwegian North Sea, appraisal and front-end engineering design at WA-390-P offshore Western Australia, and development including wellhead platform installations and drilling in bloc, A-18 of the Gulf of Thailand Joint Development Area.

01/12/2012