Hess’ Guyana Developments and Low Breakeven Prices [PDF Download]

(Energy Analytics Institute, 5.Jan.2023) — Hess Corporation’s activities offshore Guyana in the Stabroek Block over the company exceptional reservoir quality and low development costs. The company’s first four developments offshore offer Brent breakeven prices less than $40/bbl.

Highlights

– ~$35/bbl Brent breakeven for Liza Phase 1

– ~$25/bbl Brent breakeven for Liza Phase 2

– ~$32bbl Brent breakeven for Payara

– ~$29/bbl Brent breakeven for Yellowtail

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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.