Hess Expecting Higher Production This Year

May 1, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Net U.S. production was up nearly 7% from fourth-quarter levels due to increased drilling inland and production offshore, Hess Corporation (NYSE:HES) (New York, New York)said Wednesday.Hess is one of the more active players in the Bakken shale formation in North Dakota, accounting for about 12% of the upstream activity in the state. The company said its net production in the Bakken averaged 195,000 barrels