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Tag Archives: greg hill

Williston Basin Petroleum Conference announces keynotes, speaker line-up

The Williston Basin Petroleum Conference, the largest oil and gas conference focused on the Williston Basin and the Bakken,  announced its keynotes and headlining speakers. The conference will be held May 22-24, 2018 at the Bismarck Event Center in Bismarck, ND. The WBPC will feature a lineup of more than 40 speakers and presenters, each sharing their insights on the ...

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Hess production grows, profit shrinks

Hess Corp.’s overall production in the second quarter increased by 23 percent to 391,000 barrels of oil equivalent per day (boe/d), thanks in part to the company’s substantial assets in the Bakken, reports Natural Gas Intelligence (NGI). During a conference call on Wednesday addressing quarterly results, Hess CEO John Hess said operations were affected by high expenses and low oil ...

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Hess Corp gives $15 million to University of Wyoming

LARAMIE, Wyo. — Energy firm Hess Corp. has donated $15 million to the University of Wyoming to bolster research into extracting hard-to-get oil and gas deposits. With the new donation, Hess has now invested a total of $25 million in UW since 2013. This makes Hess the single largest corporate partner in the university’s history. Gov. Matt Mead and UW ...

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Hess cuts Bakken operated rigs, budget

Hess Corporation recently announced that the New York-based company is reducing its 2015 capital and exploratory budget and will cut the number of rigs operating in the Bakken formation by nearly half. The company plans to spend $4.7 billion this year, down 16 percent from the $5.6 billion spent last year. Of the total expenditures, $2.1 billion will be devoted ...

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