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A Q&A with Gerbert Schoonman, vice president for Hess’ Bakken assets, was featured in the September/October 2016 issue of The Bakken Magazine. He discussed how Lean helps Hess increase efficiency and eliminate waste, noting that Hess has reduced Bakken drilling and completion costs from about $11 million in 2012 to below $5 million today.

Hess Corporation (NYSE:HES) announced that it will hold a conference call on Wednesday, October 26, 2016 at 10 a.m. Eastern Daylight Time to discuss its third quarter 2016 earnings release.

Greg Hill, Hess President and COO., discussed the company's strategy and approach recently at the 2016 Deloitte Oil & Gas Conference in Houston. "The amount of disinvestment in this industry has been incredible — unprecedented. And of course, that’s going to have a lot of implications for the future," he said.

On Sept. 2, Upstream featured a project update on the Stampede Development, reporting that Hess is confident that the project in the deepwater Gulf of Mexico is on target, as the company works towards first oil in 2018.

Hess is among the top 25 percent for total giving among 272 companies that participated in the 2016 Giving in Numbers survey, which is considered the leading benchmark on corporate societal investment and employee engagement.

In an Oct. 14 Wall Street Journal interview, Hess Senior Vice President, Services and Chief Information Officer Zhanna Golodryga explained the productivity and cost benefits of the company’s move to the cloud. Golodryga said the migration allows Hess to focus on the growing volume of drilling data, seismic information and other big-data opportunities.

Hess’s $5 million donation helps create world-class facility that benefits Hess, industry and communities

“Our company continues to take steps to maintain a strong balance sheet and materially reduce our spending,” Chief Executive Officer John Hess said.

John Hess, Chief Executive Officer, will present at the Bank of America Merrill Lynch Global Energy Conference in Miami on November 17, 2015 at 8:15 AM (ET).

In the October issue of The American Oil and Gas Reporter, co-authors Gopal Mohapatra, Andry Nabasir and Steve Strauss co-examine three of the main Stampede reservoir features, which they have studied in detail.

Hess and the Ghana National Petroleum Corporation (GNPC) have awarded 125 new scholarships to academically qualified but underprivileged local students who entered senior high school in late October.