Friday, May 15, 2026

Hess Net Q1 Production: 233 MBOEPD – Bakken 111 MBOEPD

Bakken production up 11% over Q1 2017 Hess Corporation (ticker: HES) reported a net loss of $106 million, or $(0.38) per common share in Q1 2018. This compares to a net loss of $324 million, or $(1.07) per share in Q1 2017. Oil and gas production went above the company’s guidance estimates. Net production averaged 233 MBOEPD (excluding Libya) and

Several stalled or presumed dead energy projects are back in the driver’s seat in 2017,

Louisiana Lawmakers want Major Penalties for Pipeline Damage

Bill would reclassify pipelines as critical infrastructure From Associated Press / Sacramento Bee BATON ROUGE, LA. – A fight over a crude oil pipeline in southern Louisiana has spilled into the Legislature. A proposal to stiffen penalties for damaging or trespassing around pipelines is nearing final passage after winning approval Tuesday from a Senate judicial committee. Rep. Major Thibaut’s bill would