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Well A1-54/01 was originally drilled in the Arous Al-Bahar prospect in 2008 and encountered hydrocarbons in several intervals with a combined gross section of approximately 500 feet. Hess recently reentered and perforated the well over a 300 foot carbonate interval and performed a drill stem test. The well flowed at a rate of 27 million standard cubic feet of good quality natural gas per day and 533 barrels of condensate per day on a 52/64 inch choke. The test was performed using the sixth generation dynamically positioned Stena Forth drill ship.
Upon conclusion of operations on this well, the Stena Forth will return to complete the drilling of an appraisal well, A2-54/01, which is located approximately 7 miles northwest of the discovery well.
Well A1-54/01 was drilled in 2,807 feet of water in Area 54, which is 35
miles offshore in the
Cautionary Statements
This news release contains projections and other forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. These
projections and statements reflect the company’s current views with
respect to future events and financial performance. No assurances
can be given, however, that these events will occur or that these
projections will be achieved, and actual results could differ materially
from those projected as a result of certain risk factors. A discussion
of these risk factors is included in the company’s periodic reports
filed with the
Source:
Hess Corporation
Investor:
Jay
Wilson, 212-536-8940
or
Media:
Jon
Pepper, 212-536-8550