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Following a ramp-up period, Tubular Bells is expected to deliver gross production of approximately 50,000 barrels of oil equivalent per day (25,000 barrels of oil equivalent per day net to Hess) from three producing wells by year end.
“This important achievement demonstrates our ability to successfully
execute highly complex, deepwater development projects,” said
The Tubular Bells Field was discovered in 2003 and the development was
sanctioned in
Tubular Bells utilizes the first classic spar built in
Cautionary Statements
This news release contains projections and other forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. These
projections and statements reflect the company’s current views with
respect to future events and financial performance. No assurances can be
given, however, that these events will occur or that these projections
will be achieved, and actual results could differ materially from those
projected as a result of certain risk factors. A discussion of these
risk factors is included in the company’s periodic reports filed with
the
Source:
Hess Corporation
Investors:
Jay Wilson, 212-536-8940
jrwilson@hess.com
or
Media:
For
videos, images and additional information, please visit www.hess.com/tubularbells
or contact:
Lorrie Hecker, 212-536-8250
lhecker@hess.com
or
Hillary
Durgin Harmon, 713-496-5417
hdurginharmon@hess.com