PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.Jan.2025) — Hess Corporation reported net oil production offshore Guyana in the Stabroek Block of 195,000 barrels per day (b/d) in the fourth-quarter 2024 (4Q:24), compared with 128,000 b/d in the 4Q:23.
The higher production was primarily due to start-up of Payara, the third development in Stabroek, which commenced production in Nov. 2023, Hess said on 29 Jan. 2025 in an official statement.
