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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.
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 Corporation is primarily engaged in the exploration and production of crude oil and natural gas. It holds key assets globally, with major operations in offshore Guyana and the onshore Bakken ...
Tioga is located eight miles north of the Clarence Iverson farm, where Hess Corporation discovered oil and sparked a statewide oil boom. The company presently operates and owns oil producing facilities with numerous local businesses supporting the oil industry, and Tioga is located nine miles north of North Dakota's sole oil refinery, which is ...
On top of that, it would bolster the company's U.S. onshore position with fields in the Bakken shale of North Dakota. Closing the Hess deal would really move the needle for Chevron, which could ...
Copies will also be available at no charge at Hess' website at www.hess.com, by writing to Hess Corporation at 1185 Avenue of the Americas, New York, NY 10036, or by calling Hess' proxy solicitor ...
In Christmas of 2011, The Hess Corporation donated 900 of its 2011 Hess Toy Trucks and Race Cars to the Salvation Army for the underprivileged children in North Dakota. [18] A Hess Toy Truck Float in the annual Macy's Thanksgiving Day Parade in New York participated from 2003 up to 2014, when the Hess Corporation's retail unit was sold. [19]
This underperformance is all the more dramatic when considering that: (1) Hess Corporation's asset portfolio, unlike its peers', has minimal exposure to North American natural gas, the price of ...