Hess Corporation (Amerada Hess) Analysis across The Oil and Gas Value Chain

SUMMARY

Hess Corporation Analysis Across The Oil and Gas Value Chain

Summary

Hess Corporation (Amerada Hess) Analysis across The Oil and Gas Value Chain is an essential source for data, analysis and strategic insight into Hess Corporation. The report provides key information relating to oil and gas assets of the company and financial, SWOT and value chain analysis of the company. The report examines company's business structure and operations, history and products, and provides an analysis of its key revenue lines. It inspects the company's strategy, both in terms of its value chain positioning and strategic strengths and weaknesses.

Scope

• Provides historical production or capacity data on Hess Corporation's oil and gas assets across value chain.
• Analyses and forecasts output for major oil and gas assets to 2020.
• Reports oil and gas exploration assets for each country including operator and equity details for major oil and gas assets of Hess Corporation
• Critical analysis of Hess Corporation' s strengths, weaknesses opportunities and threats and positioning on the value chain.
• Provides summary analysis of key revenue lines and strategy.
• Details on Hess Corporation's history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement.
• Product and brand updates, strategy changes, financial events.
• Latest mergers and acquisitions, partnerships or financings of Hess Corporation including debt, equity or venture finance.

Reasons to buy

• Research your competitors business structure, strategy and prospects.
• Assess your competitor's major energy assets and their historic and forecast performance.
• Identify and assess potential corporate and asset investment opportunities
• Support sales activities by understanding your customers businesses better.
• Qualify prospective partners and suppliers.
• Obtain up to date company information

TABLE OF CONTENTS

1 Table of Contents 2
1.1 List of Tables 10
1.2 List of Figures 12
2 Company Snapshot 13
2.1 Key Information 13
2.2 Company Overview 13
2.3 Financial Performance 13
2.4 Industry Outlook - Production & Exploration 13
2.5 Industry Outlook - Pipelines 14
2.6 Industry Outlook - Storage 15
2.7 Industry Outlook - LNG Terminals 15
2.8 Industry Outlook - Refining 16
2.9 SWOT Snapshot 17
3 Hess Corporation, Crude Oil And Natural Gas Forecasts, 2000-2012 18
3.1 Hess Corporation, Crude Oil & Natural Gas Forecasts, By Fields 18
3.2 Hess Corporation, Gross Revenue Forecasts, By Fields 21
3.3 Hess Corporation , Total Government Take Forecasts, By Fields 23
3.4 Hess Corporation , Contractor Take Forecasts, By Fields 25
4 Hess Corporation , Exploration and Production Summary 28
4.1 Hess Corporation, Fields under development 28
4.2 Hess Corporation , Active Exploration Blocks, by Country, 2000-2007 28
4.3 Hess Corporation, Crude Oil Production, by Country 30
4.4 Hess Corporation, Natural Gas Production, by Country 31
5 Hess Corporation, Crude Oil and Natural Gas Production By Fields 32
5.1 Hess Corporation, Crude Oil Production 32
5.1.1 Hess Corporation, Crude Oil Production in Texas, By Fields 32
5.1.2 Hess Corporation, Crude Oil Production in Kansas, By Fields 33
5.1.3 Hess Corporation, Crude Oil Production in Louisiana, By Fields 34
5.1.4 Hess Corporation, Crude Oil Production in New Mexico, By Fields 35
5.1.5 Hess Corporation, Crude Oil Production in North Dakota, By Fields 36
5.1.6 Hess Corporation, Crude Oil Production in Algeria, By Fields 37
5.1.7 Hess Corporation, Crude Oil Production in Azerbaijan, By Fields 37
5.1.8 Hess Corporation, Crude Oil Production in Denmark, By Fields 37
5.1.9 Hess Corporation, Crude Oil Production in Equatorial Guinea, By Fields 37
5.1.10 Hess Corporation, Crude Oil Production in Gabon, By Fields 38
5.1.11 Hess Corporation, Crude Oil Production in Indonesia, By Fields 38
5.1.12 Hess Corporation, Crude Oil Production in Libyan Arab Jamahiriya, By Fields 38
5.1.13 Hess Corporation, Crude Oil Production in Norway, By Fields 38
5.1.14 Hess Corporation, Crude Oil Production in Thailand, By Fields 39
5.1.15 Hess Corporation, Crude Oil Production in United Arab Emirates, By Fields 39
5.1.16 Hess Corporation, Crude Oil Production in United Kingdom, By Fields 40
5.1.17 Hess Corporation, Crude Oil Production in Colombia, By Fields 41
5.1.18 Hess Corporation, Crude Oil Production in GOM - Continental Slope, By Fields 42
5.1.19 Hess Corporation, Crude Oil Production in GOM - Continental Shelf, By Fields 44
5.2 Hess Corporation, Natural Gas Production 45
5.2.1 Hess Corporation, Natural Gas Production in Texas, By Fields 45
5.2.2 Hess Corporation, Natural Gas Production in Kansas, By Fields 45
5.2.3 Hess Corporation, Natural Gas Production in Louisiana, By Fields 46
5.2.4 Hess Corporation, Natural Gas Production in New Mexico, By Fields 48
5.2.5 Hess Corporation, Natural Gas Production in North Dakota, By Fields 49
5.2.6 Hess Corporation, Natural Gas Production in Oklahoma, By Fields 50
5.2.7 Hess Corporation, Natural Gas Production in Denmark, By Fields 50
5.2.8 Hess Corporation, Natural Gas Production in Indonesia, By Fields 50
5.2.9 Hess Corporation, Natural Gas Production in Norway, By Fields 50
5.2.10 Hess Corporation, Natural Gas Production in Thailand, By Fields 51
5.2.11 Hess Corporation, Natural Gas Production in United Kingdom, By Fields 51
5.2.12 Hess Corporation, Natural Gas Production in GOM - Continental Slope, By Fields 52
5.2.13 Hess Corporation, Natural Gas Production in GOM - Continental Shelf, By Fields 54
6 Hess Corporation Pipeline Operation 55
6.1 Pipeline Operation, Key Data 55
6.2 Pipeline Operation, Overview 55
6.3 Pipeline Operation, Crude Oil Pipelines 56
6.4 Pipeline Operation, Natural Gas Pipelines 56
7 Hess Corporation Refining Operation 57
7.1 Refining Operation, Overview 57
7.2 Refining Operation, Crude Distillation Unit Capacity, 2000-2012 57
7.3 Refining Operation, Coking Capacity, 2000-2012 57
7.4 Refining Operation, Fluid Catalytic Cracking Capacity, 2000-2012 58
8 Hess Corporation LNG Operation 59
8.1 LNG Operation, Overview 59
8.2 LNG Operation, Liquefaction 59
8.2.1 LNG Operation, Liquefaction, Liquefaction Capacity In Norway, 2000-2012 59
8.3 LNG Operation, Regasification 59
8.3.1 LNG Operation, Regasification, Regasification Capacity In The United States, 2000-2012 59
9 Hess Corporation Oil and Chemicals Storage Operation 60
9.1 Oil and Chemicals Storage Operation, Overview 60
9.2 Oil and Chemicals Storage Operation, The United States 60
9.2.1 Oil and Chemicals Storage Operation, The United States, Storage Capacity, 2000-2012 60
9.3 Oil and Chemicals Storage Operation, Saint Lucia 61
9.3.1 Oil and Chemicals Storage Operation, Saint Lucia, Storage Capacity, 2000-2012 61
10 Business Description 62
10.1 Business Overview 62
10.2 Exploration and Production 62
10.2.1 Overview 62
10.2.2 Production 62
10.2.3 Financials 63
10.2.4 Capital Expenditure 63
10.2.5 Market View 63
10.2.6 Key Strategies 63
10.3 Marketing and Refining 63
10.3.1 Overview 63
10.3.2 Production 64
10.3.3 Financials 64
10.3.4 Capital Expenditure 64
10.3.5 Key Strategies 64
10.4 Major Products and Services 65
10.4.1 Overview 65
11 Business Strategy 70
11.1 Mission Statement 70
11.2 Strategy 70
11.3 Corporate Social Responsibility 70
11.3.1 Overview 70
11.3.2 Specific CSR Initiatives 71
12 Value Chain Analysis 72
12.1 Upstream 72
12.1.1 Overview 72
12.1.2 Financials, Production and Major Projects 73
12.2 Midstream 73
12.2.1 Overview 73
12.3 Downstream 73
12.3.1 Overview 73
12.3.2 Financials, Production and Major Projects 74
12.4 Retail 74
12.4.1 Overview 74
12.4.2 Financials, Production and Major Projects 74
13 SWOT Analysis 75
13.1 Overview 75
13.2 Hess Corporation Strengths 76
13.2.1 Strong Refinery and Retail Marketing Business 76
13.2.2 Substantial Reserve Base 76
13.2.3 Geographic Diversity 76
13.3 Hess Corporation Weaknesses 77
13.3.1 Decline in Returns and Margins 77
13.3.2 Weak Presence in Emerging Asian Markets 77
13.4 Hess Corporation Opportunities 77
13.4.1 Strategic Partnership with Dunkin' Donuts 77
13.4.2 Growing Demand for Natural Gas 78
13.5 Hess Corporation Threats 78
13.5.1 Economic Slowdown in the U.S. 78
13.5.2 Competition and Consolidation in the Energy Industry 78
13.5.3 Natural Disasters and Hurricanes 79
13.5.4 Stringent Environmental Norms 79
14 Competitors 80
15 Revenue Analysis 81
15.1 Revenue by Segment 81
15.2 Revenue by Geography 81
16 Financial and Operational Review 83
16.1 Financial Statements 83
16.2 Financial Ratios 84
17 Operational Indicators 85
18 Share Holding Structure 86
19 Key Employees 87
20 Key Employee Biographies 88
21 Company Statement 89
22 Locations And Subsidiaries 92
22.1 Head Office 92
22.2 Other Locations & Subsidiaries 92
23 Financial Deals Landscape 93
23.1 Asset Purchase 93
23.1.1 Premier Oil Acquires Additional Interest In Scott Field From Hess 93
23.1.2 Anadarko Petroleum Sells Gulf Of Mexico Discovery To Shenzi Group 94
23.1.3 Hess Corporation Sells Onshore Gulf Coast Properties 96
23.1.4 Apache Sells 55% Interest In Deepwater Section Of Egypt's West Mediterranean Concession To Hess 97
23.1.5 Apache Acquires Interests In Eight Fields In Permian Basin From Hess 98
23.1.6 Hess Acquires Gassi El Agreb Redevelopment Project From Sonatrach 100
23.1.7 Amerada Hess Acquires 34.46% Interest in Ivanhoe, Rob Roy And Hamish fields From Veba 101
23.2 Partnership 102
23.2.1 Maersk Oil Form Joint Venture With Hess Corporation 102
23.2.2 Hess Forms Joint Venture With Poten 103
24 Recent Developments 105
24.1 License Awards 105
24.1.1 Jul 13, 2008: Algeria Invites Pre-Qualified Companies To Bid For Oil And Gas Exploration 105
24.1.2 Jul 11, 2008: Eleven Oil Firms Sign Petroleum Agreements With GNPC And Ghana 105
24.1.3 Apr 01, 2008: Shannon Gets Permit For LNG terminal 106
24.1.4 Feb 08, 2008: Norway Declares Licensing Awards For APA 2007 106
24.1.5 Dec 19, 2007: MOECO Wins Four New Blocks Offshore Thailand 107
24.2 Strategy and Business Expansion 108
24.2.1 Aug 01, 2008: Hess To Explore Second Gas Well Off Western Australia 108
24.2.2 Mar 03, 2008: Hess Enters Agreement With DEC 108
24.2.3 Sep 22, 2006: Maersk Enters Joint Venture With Hess 109
24.3 Recent Discoveries 109
24.3.1 Aug 08, 2008: Noreco Discovers Oil In South Tor Pod Well, Denmark 109
24.3.2 Jul 20, 2008: Hess Discovers Natural Gas At Briseis-1 Well In Australia 110
24.3.3 Jun 26, 2008: Oilexco Discovers Oil And Gas At Moth 110
24.3.4 Jun 10, 2008: Hess Discovers Natural Gas In Glencoe-1 Exploration Well In Australia 111
24.4 Drilling and Production Updates 111
24.4.1 Jun 05, 2008: Hess Updates On Pony #2 Well 111
24.4.2 May 19, 2008: StatoilHydro Completes Drilling Of Two Appraisal Wells 111
24.4.3 Apr 22, 2008: BP Starts Oil Production From Deep Water Gunashli Platform 112
24.4.4 Apr 22, 2008: INPEX Announces Start-Up OF Deep Water Gunashli Production In Azerbaijan 112
24.4.5 Mar 18, 2008: Hess Updates On Pony #2 Well 112
24.4.6 Dec 10, 2007: StatoilHydro Completes Drilling Of Askeladd Beta Well 113
24.4.7 Jun 26, 2007: Hess Temporarily Suspends Drilling At Pony #2 Well 113
24.4.8 Jan 04, 2007: Hess Completes Sidetracking Its Pony Well 113
24.4.9 Dec 20, 2006: Hess, Partners Starts Production From Okume Complex 113
24.4.10 Dec 05, 2006: Hess Starts Production From Phu Horm Field 113
24.4.11 Jun 05, 2006: Hess, BG Start Production From Atlantic And Cromarty Fields 113
24.5 Financial Announcements 114
24.5.1 Jul 30, 2008: Hess Reports 2Q 2008 Results 114
24.5.2 Jun 04, 2008: Hess Declares Quarterly Dividend 114
24.5.3 Apr 30, 2008: Hess Declares Q1 2008 Results 115
24.5.4 Mar 05, 2008: Hess Declares Quarterly Dividend 115
24.5.5 Jan 30, 2008: Hess Declares Q4 2007 Results 115
24.5.6 Dec 05, 2007: Hess Declares Quarterly Dividend 116
24.5.7 Oct 31, 2007: Hess Reports Q3 2007 Results 116
24.5.8 Sep 05, 2007: Hess Declares Quarterly Dividend 117
24.5.9 Jul 25, 2007: Hess Declares Q2 2007 Results 117
24.5.10 Jun 06, 2007: Hess Declares Quarterly Dividend 118
24.5.11 Apr 25, 2007: Hess Declares Q1 2007 Estimated Results 118
24.5.12 Mar 07, 2007: Hess Declares Quarterly Dividend 119
24.5.13 Jan 31, 2007: Hess Declares Q4 2006 Estimated Results 119
24.5.14 Dec 06, 2006: Hess Declares Quarterly Dividend 120
24.5.15 Nov 01, 2006: Hess Declares Quarterly Dividend 120
24.5.16 Oct 25, 2006: Hess Declares Q3 2006 Estimated Results 120
24.5.17 Sep 07, 2006: Hess Declares Quarterly Dividend 121
24.5.18 Aug 02, 2006: Hess Declares Quarterly Dividend 121
24.5.19 Jul 26, 2006: Hess Declares Q2 2006 Estimated Results 121
24.5.20 Jun 07, 2006: Hess Declares Quarterly Dividend 122
24.5.21 May 03, 2006: Hess Declares Quarterly Dividend 122
24.6 Other Significant Developments 122
24.6.1 Jul 16, 2008: BHP Billiton Updates On Shenzi Project In US Gulf Of Mexico 122
24.6.2 Jun 13, 2008: Hess Signs Contract With Paradigm 122
24.6.3 May 21, 2008: Weaver's Cove Seeks Federal Court For Pass In Massachusetts 123
24.6.4 Jan 11, 2008: Hess Appoints New VP And Treasurer 124
24.6.5 Dec 21, 2007: Hess Provides 2008 Capital And Exploratory Budget 124
24.6.6 Jun 21, 2007: Hess Appoints Senior Vice President 124
24.6.7 Jan 09, 2007: Hess Temporarily Shutdowns Port Reading Refinery 125
24.6.8 Jul 13, 2006: Hess Announces Pony Prospect Drilling Results 125
24.7 New Contracts Announcements 125
24.7.1 Jun 13, 2008: Schlumberger Announces New Contract With Hess 125
24.7.2 Feb 14, 2008: EMGS Wins $10 Million Scanning Contract With Hess 125
24.7.3 Sep 25, 2007: Hess Gets New Drilling Contract 126
24.7.4 Jul 03, 2007: Wood Group Wins Three Year Contract From Hess 126
24.7.5 Feb 27, 2007: Technip Gets Shenzi Field Contract From BHP Billiton 126
25 Appendix 127
25.1 Methodology 127
25.1.1 Coverage 127
25.1.2 Secondary Research 128
25.1.3 Primary Research 128
25.1.4 E&P Forecasts 129
25.1.5 Midstream Forecasts 131
25.1.6 Expert Panel Validation 131
25.2 Contact Us 132
25.3 About Global Markets Direct 132
25.4 Disclaimer 132

1.1 List of Tables
Table 1: Hess Corporation, Key Facts, 2007 13
Table 2: Hess Corporation ,Crude Oil Production And Forecasts (Boe) by Fields ,2000-2012 18
Table 3: Hess Corporation ,Natural Gas Production And Forecasts (MMcf) by Fields ,2000-2012 20
Table 4: Hess Corporation , Gross Revenue ($thousand) by Fields, 2008-2012 22
Table 5: Hess Corporation , Total Government Take ($thousand) by Fields, 2008-2012 24
Table 6: Hess Corporation , Contractor Take ($thousand) by Fields, 2008-2012 26
Table 7: Hess Corporation, Fields under development 28
Table 8: Hess Corporation, Number of Exploration Blocks, by Country, 2000-2007 29
Table 9: Hess Corporation, Crude Oil Production (BBls), by Country, 2000-2007 30
Table 10: Hess Corporation, Natural Gas Production (MMcf), by Country, 2000-2007 31
Table 11: Hess Corporation, Crude Oil Production (BBls) By Fields in Texas, 2000-2007 32
Table 12: Hess Corporation, Crude Oil Production (BBls) By Fields in Kansas, 2000-2007 33
Table 13: Hess Corporation, Crude Oil Production (BBls) By Fields in Louisiana, 2000-2007 34
Table 14: Hess Corporation, Crude Oil Production (BBls) By Fields in New Mexico, 2000-2007 35
Table 15: Hess Corporation, Crude Oil Production (BBls) By Fields in North Dakota, 2000-2007 36
Table 16: Hess Corporation, Crude Oil Production (BBls) By Fields in Algeria, 2000-2007 37
Table 17: Hess Corporation, Crude Oil Production (BBls) By Fields in Azerbaijan, 2000-2007 37
Table 18: Hess Corporation, Crude Oil Production (BBls) By Fields in Denmark, 2000-2007 37
Table 19: Hess Corporation, Crude Oil Production (BBls) By Fields in Equatorial Guinea, 2000-2007 37
Table 20: Hess Corporation, Crude Oil Production (BBls) By Fields in Gabon, 2000-2007 38
Table 21: Hess Corporation, Crude Oil Production (BBls) By Fields in Indonesia, 2000-2007 38
Table 22: Hess Corporation, Crude Oil Production (BBls) By Fields in Libyan Arab Jamahiriya, 2000-2007 38
Table 23: Hess Corporation, Crude Oil Production (BBls) By Fields in Norway, 2000-2007 38
Table 24: Hess Corporation, Crude Oil Production (BBls) By Fields in Thailand, 2000-2007 39
Table 25: Hess Corporation, Crude Oil Production (BBls) By Fields in United Arab Emirates, 2000-2007 39
Table 26: Hess Corporation, Crude Oil Production (BBls) By Fields in United Kingdom, 2000-2007 40
Table 27: Hess Corporation, Crude Oil Production (BBls) By Fields in Colombia, 2000-2007 41
Table 28: Hess Corporation, Crude Oil Production (BBls) By Fields in GOM - Continental Slope, 2000-2007 42
Table 29: Hess Corporation, Crude Oil Production (BBls) By Fields in GOM - Continental Shelf, 2000-2007 44
Table 30: Hess Corporation, Natural Gas Production (MMcf), By Fields in Texas, 2000-2007 45
Table 31: Hess Corporation, Natural Gas Production (MMcf), By Fields in Kansas, 2000-2007 45
Table 32: Hess Corporation, Natural Gas Production (MMcf), By Fields in Louisiana, 2000-2007 46
Table 33: Hess Corporation, Natural Gas Production (MMcf), By Fields in New Mexico, 2000-2007 48
Table 34: Hess Corporation, Natural Gas Production (MMcf), By Fields in North Dakota, 2000-2007 49
Table 35: Hess Corporation, Natural Gas Production (MMcf), By Fields in Oklahoma, 2000-2007 50
Table 36: Hess Corporation, Natural Gas Production (MMcf), By Fields in Denmark, 2000-2007 50
Table 37: Hess Corporation, Natural Gas Production (MMcf), By Fields in Indonesia, 2000-2007 50
Table 38: Hess Corporation, Natural Gas Production (MMcf), By Fields in Norway, 2000-2007 50
Table 39: Hess Corporation, Natural Gas Production (MMcf), By Fields in Thailand, 2000-2007 51
Table 40: Hess Corporation, Natural Gas Production (MMcf), By Fields in United Kingdom, 2000-2007 51
Table 41: Hess Corporation, Natural Gas Production (MMcf), By Fields in GOM - Continental Slope, 2000-2007 52
Table 42: Hess Corporation, Natural Gas Production (MMcf), By Fields in GOM - Continental Shelf, 2000-2007 54
Table 43: Hess Corporation , Pipeline Key Statistics, 2007 55
Table 44: Hess Corporation, Crude Oil Pipelines, 2007 56
Table 45: Hess Corporation, Natural Gas Pipelines, 2007 56
Table 46: Hess Corporation, Crude Distillation Unit Capacity (MMTPA), 2000-2012 57
Table 47: Hess Corporation, Coking Unit Capacity (MMTPA), 2000-2012 57
Table 48: Hess Corporation , Fluid Catalytic Cracking Unit Capacity (MMTPA), 2000-2012 58
Table 49: Amerada Hess Corporation, Liquefaction Capacity In Norway (Million Tonnes), 2000-2012 59
Table 50: Amerada Hess Corporation, Regasification Capacity In The United States (Bcf), 2000-2012 59
Table 51: Hess Corporation Storage Capacity in the United Sates (Thousand M3), 2000- 2012 60
Table 52: Hess Corporation, Storage Capacity in Saint Lucia (Thousand M3), 2000-2012 61
Table 53: Hess Corporation, SWOT Analysis , 2007 75
Table 54: Hess Corporation, Revenue by Segment, USD Million, 2003-2007 81
Table 55: Hess Corporation, Revenue by Geography, USD Million, 2003-2007 82
Table 56: Hess Corporation, Financial Statements, USD Million, 2003-2007 83
Table 57: Hess Corporation, Financial Ratios, USD Million, 2003-2007 84
Table 58: Hess Corporation Operational Indicators, 2003-2007 85
Table 59: Hess Corporation, Share Holding Structure 86
Table 60: Hess Corporation, Key Employees, 2007 87
Table 61: Hess Corporation, Subsidiaries 92
Table 62: Brent Blend NYMEX Future Prices 131

1.2 List of Figures
Figure 1: Hess Corporation , Crude Oil & Natural Gas Forecasts, 2000-2012 18
Figure 2: Hess Corporation , Gross Revenue ($thousand) by Fields, 2008-2012 21
Figure 3: Hess Corporation , Total Government Take ($thousand) by Fields, 2008-2012 23
Figure 4: Hess Corporation , Contractor Take ($thousand) by Fields, 2008-2012 25
Figure 5: Hess Corporation, Number of Exploration Blocks, by Country, 2000-2007 28
Figure 6: Hess Corporation, Crude Oil Production (BBls), by Country, 2000-2007 30
Figure 7: Hess Corporation, Natural Gas Production (MMcf), by Country, 2000-2007 31
Figure 8: Hess Corporation, Value Chain Analysis 72
Figure 9: Figure 10: Global Markets Direct Methodology 127