Hess bumps peak guidance to 150,000 boepdWell costs go down and production goes up; wells beating industry average; capex flat with 2013, but rig count is bumped to 17 Mike Ellerd Petroleum News Bakken
With a strong finish to 2013, Hess Corp. is now projecting that its net average Bakken production will reach a peak at 150,000 barrels of oil equivalent per day in 2018. Previously, Hess Corp. had projected its output would hit a peak of 120,000 boepd in 2016.
The corporation finished 2013 with ave....
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