Hess has announced a deepwater oil discovery in the Gulf of Mexico. The US-based independent made the discovery at the Esox-1 exploration well, which is located in Mississippi Canyon Block No. 726, with 1,405 m. Hess of high-quality oil-bearing Miocene reservoirs encountered when drilling at a water depth of approximately 58 metres holds a 57% interest in Esox, with Chevron holding a 43% stake.
Hess has announced a deepwater oil discovery in the Gulf of Mexico. The US-based independent made the discovery at the Esox-1 exploration well, which is located in Mississippi Canyon Block No. 726, with approximately 58 metres of high-quality oil-bearing Miocene reservoirs encountered when drilling at a water depth of 1,405 m. Hess holds a 57% interest in Esox, with Chevron holding a 43% stake.