Hess Corp. (HES) Announces Oil Discovery at Uaru-2, Offshore Guyana

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Hess Announces Oil Discovery at Uaru-2, Offshore Guyana

April 27, 2021 8:30 AM EDT

Adds to previous recoverable resource estimate of approximately 9 billion barrels of oil equivalent Expect to have at least six floating production storage and offloading vessels (FPSOs) on the Stabroek Block by 2027 Potential for up to 10 FPSOs to develop the current discovered recoverable resource base

NEW YORK--(BUSINESS WIRE)-- Hess Corporation (NYSE: HES) today announced another oil discovery offshore Guyana at the Uaru-2 well on the Stabroek Block, which will add to the previously announced gross discovered recoverable resource estimate for the block of approximately 9... More