Hess Strikes Exploration Deal With Shell, Chevron

摘要

Hess has struck exploration agreements with fellow Gulf of Mexico producers Shell and Chevron as the New York-based company gets back to drilling in one its key deepwater plays. Both of the separate deals focus on exploration acreage in the Green Canyon (GC) area that Hess had been marketing to potential farm-in partners. The acreage includes more than a dozen blocks surrounding several mature producing Oelds and associated infrastructure in relatively shallow water depths of just 2,000-3,000 feet.