Hess forecasting up to 10 percent growthFive-year plan based on $90-$100 Brent with fallback plans for $80 as drilling costs fall 20 percent with increasing build angles Maxine Herr For Petroleum News Bakken
Maintaining its position near the top as one of the largest oil and gas producers in the Williston Basin, Hess Corp. has announced a five-year production growth rate forecast of 6 to 10 percent from 2013 through 2018 based on a $90 to $100 Brent price. Although Brent averaged close to $110 a barrel....
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