Skip to main content

Operator · Gulf Of Mexico (GOM) & Utica Shale

Hess Corp

6 buyer-side · 30 seller-side · 5 chain hops

M&A chain

Lineage of Hess Corp walked through the transactions ledger. Earliest predecessor at the top; most recent owner at the bottom. Each counterparty exposes deep links so you can pivot into their drilling activity, news, assets and people without leaving the chain.

  1. Predecessor (acquired by this company)

    DoublePoint Energy LLC

    Pioneer Natural Resources said it is acquiring DoublePoint Energy (backed by PE-firms Apollo, Quantum, Magnetar and GSO, a Blackstone Unit) in a deal worth $6.4 billion. The deal includes $4.5 billion in stock, $1.0…

  2. Predecessor (acquired by this company)

    Pioneer Natural Resources Co.

    Exxon today announced its mega deal to acquire Pioneer for $60 billion in a all stock deal. The deal includes Pioneer's 711Mboe/d (as of 2Q23) of production and 850k net acres in the core of the midland basin. “Pioneer…

  3. Predecessor (acquired by this company)

    ExxonMobil

    Hess has reached a deal to acquire 15% participating interest in the Kaieteur Block, offshore Guyana from Esso Exploration and ExxonMobil. Transaction terms or other details were not disclosed.

  4. This company

    Hess Corp

  5. Acquirer

    Chevron Corp

    Chevron announced said it is acquiring Hess in a all stock deal valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023. Under the terms of the agreement, Hess shareholders will…

  6. Acquirer

    TG Natural Resources

    TG Natural Resources LLC—a joint venture backed by Tokyo Gas Co., Ltd. and Castleton Commodities International LLC—closed on the acquisition of a 70% interest in Chevron U.S.A. Inc.’s East Texas gas assets for a total…

Acquisitions (Buyer)

Hess Picks Up 15% WI in Offshore Guyana Prospect Apr 26, 2018

Hess has reached a deal to acquire 15% participating interest in the Kaieteur Block, offshore Guyana from Esso Exploration and ExxonMobil. Transaction terms or other details were…

Edgon Resources Announces Farm-Out Agreement in Paris Basin Jan 22, 2013 · $10.25M

Egdon Resources plc is pleased to provide an update in relation to the Mairy Permit, located in the eastern part of the Paris Basin, onshore France. Egdon has been informed by the…

CONSOL Energy and Hess Corporation Enters Utica JV Sep 7, 2011 · $593M

CONSOL Energy Inc. announced that it has entered into an agreement with Hess Corporation for the joint exploration and development of CONSOL's nearly 200,000 Utica Shale acres in…

Hess Corporation Acquires Marquette Exploration Sep 8, 2011 · $750M

Hess Corporation announced today it has acquired Marquette Exploration LLC and other leases in Ohio's Utica Shale, boosting its acreage position by 85,000 net acres at a cost of…

Hess Acquires 167,000 Net Acres in The Bakken Nov 23, 2010 · $1050M

Hess Corporation (NYSE: HES) announced today that is has completed the acquisition of 167,000 net acres in the Bakken oil shale play in North Dakota from TRZ Energy, LLC for…

Hess Corporation to Acquire American Oil & Gas Inc. Jul 28, 2010 · $458M

Hess Corporation and American Oil & Gas Inc. jointly announced today that Hess has agreed to acquire American Oil & Gas pursuant to a merger agreement approved by theBoards of…

Divestitures (Seller)

Chevron To Acquire Hess For $53 Billion Oct 23, 2023 · $53000M

Chevron announced said it is acquiring Hess in a all stock deal valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023. Under the terms of…

Enerplus Acquires Bakken Assets from Hess in $312MM Cash Deal Apr 8, 2021 · $312M

Enerplus Corp. has agreed to acquire assets in the Williston Basin from Hess Corp. for $312 million in cash. This deal closed on May 3, 2021. Deal Overview - Acreage: 78,700 net…

Hess Unloads Denmark Asset in $150 Million Deal Mar 18, 2021 · $150M

Hess Corp. has sold its subsidiary Hess Denmark ApS, which holds a 61.5% interest in the South Arne Field, to Ineos E&P AS for a total consideration of $150 million, effective…

Hess Sells Interest In GOM for $505 Million To BHP Oct 5, 2020 · $505M

Hess Corporation said today that it has entered into an agreement to sell its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico to BHP Billiton, the field's…

GIP / Hess JV Acquires Hess' Bakken Water Service Assets for $225MM Mar 7, 2019 · $225M

Hess Infrastructure Partners LP, a midstream energy joint venture between Hess Corporation and Global Infrastructure Partners and the sponsor of Hess Midstream Partners LP have…

Hess Picks Up 15% WI in Offshore Guyana Prospect Apr 26, 2018

Hess has reached a deal to acquire 15% participating interest in the Kaieteur Block, offshore Guyana from Esso Exploration and ExxonMobil. Transaction terms or other details were…

Kosmos/Trident Acquires Equatorial Guinea Assets From Hess For $650 Million Oct 24, 2017 · $650M

Kosmos and Trident has agreede to acquire an interest in three exploration licenses, as well as Hess Corporation’s interest in the adjacent Ceiba Field and Okume Complex assets…

Hess Sells Entire North Sea Portfolio for $2.0 Billion Oct 24, 2017 · $2000M

Hess has agreed to sell its subsidiary Hess Norge, which owns interests in the Valhall and Hod fields in Norway, to Aker BP ASA for $2 billion. The Valhall and Hod fields produced…

Oxy Snaps Up Hess' Permian EOR Assets for $600 Million Jun 19, 2017 · $600M

Hess is selling its Permian EOR assets to Oxy for $600 million. These assets produced an average of 8,200 BOEPD. The transaction consists of the following Hess-operated assets…

Hess Drops 50% of Bakken Midstream Assets in $5.35B JV Deal Jun 11, 2015 · $5350M

Closing Announcement - July 1, 2015 Hess Corporation has completed the previously announced sale of a 50 percent interest in its Bakken midstream assets to Global Infrastructure…

Marathon Petroleum to Acquire Hess Subsidiary in Multi-Billion Dollar Deal May 22, 2014 · $2874M

Marathon Petroleum Corporation has reported that its subsidiary, Speedway LLC, has signed a definitive agreement with Hess Corporation to acquire Hess Retail Holdings LLC…

Hess Sheds Interest in Thailand's Sinphuhorm, Pailin Fields in Billion-Dollar Deal Apr 23, 2014 · $1000M

Hess Corporation has sold its interests in both the Sinphuhorm and Pailin Fields located in Thailand to PTT Exploration and Production Public Company Limited for a total after-tax…

Hess to Drop Utica Shale Dry Gas Assets in $924MM Deal Jan 29, 2014 · $924M

Update 1/29/2014 - 7:15 pm CST WSJ is reporting that American Energy Partners acquired the acreage from Hess. Read here See acreage map below. First report 1/29/2014 - 9:00am CST…

Sprague Zips Up Acquisition of Hess' Commercial Fuels Business Dec 18, 2013

Closing Announcement - January 2, 2014 Sprague Resources LP has completed the acquisition of the Commercial Fuels business of Hess Corporation outside of the New York City service…

Hess Corporation Sells Indonesian Assets Dec 5, 2013 · $1300M

Hess Corporation announced it has entered into two separate agreements with a joint venture between PT Pertamina and PTT Exploration and Production Company Limited to sell its…

Buckeye Seals Deal for Hess' East Coast Midstream Assets Oct 9, 2013 · $850M

Closing Announcement - December 11, 2013 Buckeye Partners L.P. has completed its purchase of 20 liquid petroleum products terminals with total storage capacity of approximately 39…

Hess Corporation Lets go of Interest in Azeri Field to ONGC Sep 7, 2013 · $1000M

Hess Corporation announced today it has agreed to sell its 2.72 percent interest in the Azeri, Chirag and Guneshli Fields (ACG) in Azerbaijan and its 2.36 percent interest in the…

Hess Exits Downstream; Zips Up Sale Of Energy Marketing Biz Jul 30, 2013 · $1025M

Closing Announcement - November 1, 2013 Hess Corporation has completed the previously announced sale of its Energy Marketing business to Direct Energy, a North American subsidiary…

Hess Finalizes Sale of Russian Subsidiary in Billion-Dollar Deal Apr 26, 2013 · $2050M

Closing Announcement - April 26, 2013 Hess Corporation has completed the sale of 100 percent of its Russian subsidiary Samara-Nafta to OAO LUKOIL for a total consideration of…

Sanchez Picks Up Eagle Ford Assets from Hess Mar 18, 2013 · $265M

Closing Announcement - May 31, 2013 Sanchez Energy Corporation has reported the closing of the previously announced acquisition of Eagle Ford Shale assets from Hess Corporation…

Egdon Resources Farms-out with Hess in Mairy Permit Jan 23, 2013

Egdon Resources plc is pleased to provide an update in relation to the Mairy Permit (the "Permit"), located in the eastern part of the Paris Basin, onshore France. Egdon has been…

Edgon Resources Announces Farm-Out Agreement in Paris Basin Jan 22, 2013 · $10.25M

Egdon Resources plc is pleased to provide an update in relation to the Mairy Permit, located in the eastern part of the Paris Basin, onshore France. Egdon has been informed by the…

Royal Dutch Shell to Acquire Beryl Assets from Hess Oct 24, 2012 · $525M

Hess Corporation has agreed to terms for the sale of its interest in the Beryl area fields and the Scottish Area Gas Evacuation System (SAGE) to Royal Dutch Shell for $525…

Shell Acquires Beryl Area Field Properties May 31, 2012 · $525M

Shell announced today the signing of an agreement with Hess Corporation to acquire its interests in the Beryl area fields and the Scottish Area Gas Evacuation System (“SAGE”), for…

Hess Agrees to Sell UK Assets May 31, 2012

Hess Corporation (NYSE: HES) today announced it had reached agreement with Royal Dutch Shell to sell its 15.67 percent interest in the BP-operated Schiehallion field, its…

Hess Corporation Acquires Marquette Exploration Sep 8, 2011 · $750M

Hess Corporation announced today it has acquired Marquette Exploration LLC and other leases in Ohio's Utica Shale, boosting its acreage position by 85,000 net acres at a cost of…

CONSOL Energy and Hess Corporation Enters Utica JV Sep 7, 2011 · $593M

CONSOL Energy Inc. announced that it has entered into an agreement with Hess Corporation for the joint exploration and development of CONSOL's nearly 200,000 Utica Shale acres in…

Hess Acquires 167,000 Net Acres in The Bakken Nov 23, 2010 · $1050M

Hess Corporation (NYSE: HES) announced today that is has completed the acquisition of 167,000 net acres in the Bakken oil shale play in North Dakota from TRZ Energy, LLC for…

Hess Corporation to Acquire American Oil & Gas Inc. Jul 28, 2010 · $458M

Hess Corporation and American Oil & Gas Inc. jointly announced today that Hess has agreed to acquire American Oil & Gas pursuant to a merger agreement approved by theBoards of…

Newfield Exploration Joins With Hess Corporation in Marcellus Shale Play Oct 19, 2009

Newfield Exploration Company and Hess Corporation announced the signing of a joint exploration agreement in the Marcellus Shale play. The agreement covers up to 140,000 gross…