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In July 2016, Hess reported a 32,000-gallon spill of produced water north of Tioga, North Dakota. [105] In March 2021, Hess paid a fine for a Clean Water Act violation stemming from an October 2015 inspection at its Tioga gas plant. [106] In August 2022, a North Dakota pipeline owned by Hess experienced a wastewater spill.
But there is also a high demand for housing and a shortage of housing available. [13] North Dakota's unique economic climate created a "novelty problem: plenty of jobs, but nowhere to put the people who hold them." [14] The 12 Target Hospitality properties in North Dakota have more than 4,000 beds.
Hess is an independent energy company engaged in the exploration and production of crude oil and natural gas, with a position in a key U.S. shale play—the Bakken in North Dakota. Hess is also one of the largest producers in the deepwater Gulf of Mexico and a key natural gas producer and supplier to Peninsular Malaysia and Thailand. [5]
Hess' resources across diverse locations should have not worked to its advantage. The company could not increase its production in the Bakken, which remained flat at 25,000 Boe/d.
This young North Dakota couple had no luck in the ‘hot’ housing market until they agreed to take this ‘rare’ type of mortgage — and they ended up saving $800/month.
Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 ...
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