Hess(US:HES)2022-07-28 00:09Financial Performance - Hess Corporation reported a net income attributable of $667 million in 2Q 2022, compared to a net loss of $73 million in 2Q 2021[2] - Adjusted net income attributable to Hess Corporation was $667 million in 2Q 2022, a significant increase from $74 million in 2Q 2021[3] - Exploration and Production's adjusted net income was $723 million in 2Q 2022, up from $122 million in 2Q 2021[3] - Midstream's adjusted net income was $65 million in 2Q 2022, a decrease from $76 million in 2Q 2021[3] - Corporate, Interest and Other expenses resulted in a loss of $121 million in 2Q 2022[3] Production and Capital Expenditures - Worldwide oil and gas production totaled 322 MBOEPD in 2Q 2022, compared to 328 MBOEPD in 2Q 2021[22] - United States production was 169 MBOEPD in 2Q 2022, a decrease from 211 MBOEPD in 2Q 2021[22] - Guyana production increased to 67 MBOEPD in 2Q 2022, up from 26 MBOEPD in 2Q 2021[22] - Exploration and Production capital and exploratory expenditures totaled $622 million in 2Q 2022, compared to $429 million in 2Q 2021[23] - Midstream capital expenditures were $72 million in 2Q 2022, compared to $47 million in 2Q 2021[23] Bakken Operations - Bakken net production averaged 140 MBOEPD in 2Q 2022[40] - Hess operated 3 drilling rigs in the Bakken during 2Q 2022, with an average spud-to-spud time of 13 days[54]