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RE: LeoThread 2025-07-01 12:43

in LeoFinance3 months ago

Part 2/7:

Hess has concentrated its drilling efforts in the Bakken, which the company considers one of its best-performing regions. By adopting a manufacturing approach to drilling, Hess prioritizes cost reductions and efficiency, enabling it to produce oil effectively. The company aims for a compound annual growth rate in production between 15-20% through 2021. With an inventory that allows for approximately 15 years of drilling at $60 oil, Hess is well-positioned for sustained growth, especially if oil prices rise.