Bakken, Guyana earmarked for 75% of Hess’s $2.9-billion budget in 2019

Hess Corp. will allocate some 75% of its $2.9-billion 2019 exploration and production capital and expenditure budget to high-return growth assets in the Bakken and in Guyana. Net production is forecast to average 270,000-280,000 boe/d in 2019, excluding Libya, compared with 245,000 boe/d in 2018. Bakken net production is forecast to average 135,000-145,000 boe/d in 2019.


Source: News