May 1, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Net U.S. production was up nearly 7% from fourth-quarter levels due to increased drilling inland and production offshore, Hess Corporation (NYSE:HES) (New York, New York) said Wednesday. Hess is one of the more active players in the Bakken shale formation in North Dakota, accounting for about 12% of the upstream activity in the state. The company said its net production in the Bakken averaged 195,000 barrels of oil equivalent per day (Boe/d) during the fourth quarter, compared with 190,000 Boe/d sequentially.
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