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Hess Issues Statement on Impact from Incident at Shell Enchilada Platform in Gulf of Mexico

NEW YORK–(BUSINESS WIRE)–Hess Corporation (NYSE: HES) released a statement today about the impact on its operations resulting from a fire at the Shell Enchilada platform in the Gulf of Mexico. Shell advised in a statement on Nov. 12 that a plan for repairing the damaged portions of the asset is being developed. All production coming into the Garden Banks Gas Pipeline system also remains shut in until further notice.

Hess production is shut in at its Baldpate, Conger and Penn State Fields. Production is also shut in at the Shell-operated Llano Field (Hess 50 percent interest). Hess production at these fields is approximately 30 thousand barrels of oil equivalent per day.

Hess continues to work closely with the operator to understand the timing for a restart.

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information is available at www.hess.com.

SOURCE

Hess Corporation
Investor:
Jay Wilson, 212-536-8940
or
Media:
Lorrie Hecker, 212-536-8250

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