Hess Announces First Production from the Liza Field, Offshore Guyana
Hess Corporation (HES)
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Source: Business Wire
Production to reach full capacity of 120,000 gross barrels of oil per day in coming months Liza Phase 1 is the first of multiple offshore projects planned in the Stabroek Block NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) today announced startup of production from the Liza Field offshore Guyana, less than five years after the first discovery of hydrocarbons and well ahead of the industry average for deepwater developments. Production from the first phase of the Liza Field, located in the Stabroek Block, is expected to reach full capacity of 120,000 gross barrels of oil per day in the coming months, with the first cargo set to be sold within several weeks.CEO John Hess said: “We are proud to be a partner in the development of this world class resource and look forward to continuing to work with the Government of Guyana and the Guyanese people to realize the remarkable potential of the Stabroek Block.”The Liza Phase 1 development project utilizes the Liza Destiny floating,
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HES
Earnings
- 10/30/24 - Beat
HES
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 144
- 11/21/24 - Form 144
- HES's page on the SEC website