Hess Corporation announced it has made a final investment decision to proceed with Whiptail, the sixth development on the Stabroek Block, after receiving government and regulatory approvals.

Hess Corporation recently  announced it has made a final investment decision to proceed with Uaru, the fifth development on the Stabroek Block, after receiving government and regulatory approvals. Uaru will have a production capacity of approximately 250,000 gross barrels of oil per day with production targeted to startup in 2026.

Hess is a leading producer with premier acreage and an advantaged infrastructure position in the core of North Dakota’s Bakken shale formation. We have an inventory of high return drilling locations and a proven track record of asset optimization, cost reduction and value creation!

Hess is a leader in deepwater development and production, with top quartile performance in offshore drilling and project delivery. We are one of the largest gross operated deepwater producers in the Gulf of Mexico and also have offshore assets in Asia Pacific and South America.