Tag Archives: 2014 estimated capital and exploratory expenditures

Hess Corporation Announces 2014 Capital and Exploratory Budget

Hess Corporation (NYSE:HES) announced today a 2014 Exploration and Production capital and exploratory budget of $5.8 billion. Of this, $2.85 billion (49 percent) is dedicated to unconventional shale resources, with $1.475 billion (25 percent) for production, $925 million (16 percent) for developments and $550 million (10 percent) for exploration. by