Hess Announces Oil Discovery at Whiptail, Offshore Guyana
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Wednesday, July 28, 2021
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Hess Corporation (NYSE: HES) today announced a significant oil discovery on the Stabroek Block offshore Guyana at Whiptail.
Key Points:
- Hess Corporation (NYSE: HES) today announced a significant oil discovery on the Stabroek Block offshore Guyana at Whiptail.
- The Whiptail discovery is located approximately 4 miles southeast of the Uaru-1 discovery that was announced in January 2020 and approximately 3 miles west of the Yellowtail field.
- Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 percent interest.
- Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.