The ONE GUYANA floating, production, storage and offloading (FPSO) vessel arrived at the Stabroek Block offshore Guyana this week. This FPSO will operate at Yellowtail, the fourth and largest oil development on the block to date, with an initial production capacity of approximately 250,000 gross barrels of oil per day. 

Hess Corporation has made a final investment decision to proceed with Whiptail, the sixth development on the Stabroek Block, after receiving government and regulatory approvals. Whiptail is expected to add gross production capacity of approximately 250,000 barrels of oil per day by the end of 2027.

Hess is a leader in deepwater development and production, with top quartile performance in offshore drilling and project delivery. We are one of the largest gross operated deepwater producers in the Gulf of America and also have offshore assets in Asia Pacific and South America.

Hess is a leading producer with premier acreage and an advantaged infrastructure position in the core of North Dakota’s Bakken shale formation. We have an inventory of high return drilling locations and a proven track record of asset optimization, cost reduction and value creation!