Delaware | 1-1204 | 13-4921002 | ||||||||||||
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
¨ | Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, ______. |
ý | Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023. |
Exhibit number | Description | |||||||
2.01(INS) | XBRL Instance Document | |||||||
2.01(SCH) | XBRL Schema Document |
HESS CORPORATION | |||||||||||
(Registrant) | |||||||||||
By: | /s/ John P. Rielly | Date: September 24, 2024 | |||||||||
Name: | John P. Rielly | ||||||||||
Title: | Executive Vice President and | ||||||||||
Chief Financial Officer |
Resource Extraction Payment Report | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Reporting Entity: Hess Corporation | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Reporting Fiscal Year: From 01/01/2023 to 12/31/2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Reporting Currency: United States Dollar (in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Segment: Exploration and Production (unless otherwise indicated) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments by Government | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Country / Government | Taxes (a) | Royalties | Fees | Production Entitlements (b) | Bonuses | Dividends | Infrastructure Improvements | Community & Social Responsibility | Total | ||||||||||||||||||||||||||||||||||||||||||||
United States | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Office of Natural Resources Revenue | $ | — | $ | 128,608 | $ | 3,921 | $ | — | $ | 25,792 | $ | — | $ | — | $ | — | $ | 158,321 | |||||||||||||||||||||||||||||||||||
Internal Revenue Service (c) | 190 | — | — | — | — | — | — | — | 190 | ||||||||||||||||||||||||||||||||||||||||||||
Total United States | $ | 190 | $ | 128,608 | $ | 3,921 | $ | — | $ | 25,792 | $ | — | $ | — | $ | — | $ | 158,511 | |||||||||||||||||||||||||||||||||||
Malaysia | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Inland Revenue Board of Malaysia (d) | $ | 50,373 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 50,373 | |||||||||||||||||||||||||||||||||||
Petroliam Nasional Berhad (e) | — | 7,925 | — | 492,521 | — | — | — | — | 500,446 | ||||||||||||||||||||||||||||||||||||||||||||
Total Malaysia | $ | 50,373 | $ | 7,925 | $ | — | $ | 492,521 | $ | — | $ | — | $ | — | $ | — | $ | 550,819 | |||||||||||||||||||||||||||||||||||
Thailand | |||||||||||||||||||||||||||||||||||||||||||||||||||||
The Revenue Department (f) | $ | 18,372 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 18,372 | |||||||||||||||||||||||||||||||||||
Total Payments to Governments | $ | 68,935 | $ | 136,533 | $ | 3,921 | $ | 492,521 | $ | 25,792 | $ | — | $ | — | $ | — | $ | 727,702 | |||||||||||||||||||||||||||||||||||
Payments by Project | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Taxes (a) | Royalties | Fees | Production Entitlements (b) | Bonuses | Dividends | Infrastructure Improvements | Community & Social Responsibility | Total | |||||||||||||||||||||||||||||||||||||||||||||
Projects | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Offshore-Gulf of Mexico/Louisiana/Oil/Natural Gas/Well | $ | — | $ | 106,566 | $ | 3,921 | $ | — | $ | 25,792 | $ | — | $ | — | $ | — | $ | 136,279 | |||||||||||||||||||||||||||||||||||
Onshore/North Dakota/Oil/Natural Gas/Well | — | 22,042 | — | — | — | — | — | — | 22,042 | ||||||||||||||||||||||||||||||||||||||||||||
Offshore-Gulf of Thailand/Kelantan/Oil/Natural Gas/Well (e) | — | 7,925 | — | 492,521 | — | — | — | — | 500,446 | ||||||||||||||||||||||||||||||||||||||||||||
Entity Level Payments | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Hess Infrastructure Partners Holdings, LLC (c) | $ | 190 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 190 | |||||||||||||||||||||||||||||||||||
Hess Oil Company of Thailand (JDA), Ltd (f) | 32,160 | — | — | — | — | — | — | — | 32,160 | ||||||||||||||||||||||||||||||||||||||||||||
Hess Oil Company of Thailand, Ltd (f) | 326 | — | — | — | — | — | — | — | 326 | ||||||||||||||||||||||||||||||||||||||||||||
Hess Exploration and Production Malaysia, BV (d) | 36,259 | — | — | — | — | — | — | — | 36,259 | ||||||||||||||||||||||||||||||||||||||||||||
Total Payments by Project | $ | 68,935 | $ | 136,533 | $ | 3,921 | $ | 492,521 | $ | 25,792 | $ | — | $ | — | $ | — | $ | 727,702 | |||||||||||||||||||||||||||||||||||
Document Information |
12 Months Ended |
---|---|
Dec. 31, 2023 | |
Document Information: | |
Document Type | 2.01 SD |
Amendment | false |
CIK | 0000004447 |
Registrant Name | HESS CORP |
Period End Date | Dec. 31, 2023 |
Reporting Currency | USD |
Payments, by Category - USD ($) $ in Thousands |
Taxes |
Royalties |
Fees |
Prod. Entitlements |
Bonuses |
Total Payments |
---|---|---|---|---|---|---|
Total | $ 68,935 | $ 136,533 | $ 3,921 | $ 492,521 | $ 25,792 | $ 727,702 |
Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($) $ in Thousands |
Taxes |
Royalties |
Fees |
Prod. Entitlements |
Bonuses |
Total Payments |
---|---|---|---|---|---|---|
Total | $ 68,935 | $ 136,533 | $ 3,921 | $ 492,521 | $ 25,792 | $ 727,702 |
Offshore-Gulf of Mexico/Louisiana/Oil/Natural Gas/Well [Member] | ||||||
Total | 106,566 | $ 3,921 | $ 25,792 | 136,279 | ||
Onshore/North Dakota/Oil/Natural Gas/Well [Member] | ||||||
Total | 22,042 | 22,042 | ||||
Offshore-Gulf of Thailand/Kelantan/Oil/Natural Gas/Well [Member] | ||||||
Total | $ 7,925 | $ 492,521 | 500,446 | |||
Hess Infrastructure Partners Holdings, LLC [Member] | ||||||
Total | 190 | 190 | ||||
Hess Oil Company of Thailand (JDA), Ltd [Member] | ||||||
Total | 32,160 | 32,160 | ||||
Hess Oil Company of Thailand, Ltd [Member] | ||||||
Total | 326 | 326 | ||||
Hess Exploration and Production Malaysia, BV [Member] | ||||||
Total | $ 36,259 | $ 36,259 |
Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($) $ in Thousands |
Taxes |
Royalties |
Fees |
Prod. Entitlements |
Bonuses |
Total Payments |
---|---|---|---|---|---|---|
Total | $ 68,935 | $ 136,533 | $ 3,921 | $ 492,521 | $ 25,792 | $ 727,702 |
UNITED STATES | ||||||
Total | 190 | 128,608 | 3,921 | 25,792 | 158,511 | |
UNITED STATES | Office of Natural Resources Revenue [Member] | ||||||
Total | 128,608 | $ 3,921 | $ 25,792 | 158,321 | ||
UNITED STATES | Internal Revenue Service [Member] | ||||||
Total | 190 | 190 | ||||
MALAYSIA | ||||||
Total | 50,373 | 7,925 | 492,521 | 550,819 | ||
MALAYSIA | Inland Revenue Board of Malaysia [Member] | ||||||
Total | 50,373 | 50,373 | ||||
MALAYSIA | Petroliam Nasional Berhad [Member] | ||||||
Total | $ 7,925 | $ 492,521 | 500,446 | |||
THAILAND | ||||||
Total | 18,372 | 18,372 | ||||
THAILAND | The Revenue Department [Member] | ||||||
Total | $ 18,372 | $ 18,372 |
Payments, Details - 12 months ended Dec. 31, 2023 - USD ($) $ in Thousands |
Amount |
Type |
Country |
Subnat. Juris. |
Govt. |
Project |
Resource |
Segment |
Ext. Method |
In-kind |
In-kind Calc. |
---|---|---|---|---|---|---|---|---|---|---|---|
#: 1 | |||||||||||
$ 190 | Taxes | UNITED STATES | Internal Revenue Service [Member] | Oil and Natural Gas [Member] | Midstream [Member] | Well | |||||
#: 2 | |||||||||||
106,566 | Royalties | UNITED STATES | snj:US-LA | Office of Natural Resources Revenue [Member] | Offshore-Gulf of Mexico/Louisiana/Oil/Natural Gas/Well [Member] | Oil and Natural Gas [Member] | Exploration and Production [Member] | Well | |||
#: 3 | |||||||||||
22,042 | Royalties | UNITED STATES | snj:US-ND | Office of Natural Resources Revenue [Member] | Onshore/North Dakota/Oil/Natural Gas/Well [Member] | Oil and Natural Gas [Member] | Exploration and Production [Member] | Well | |||
#: 4 | |||||||||||
3,921 | Fees | UNITED STATES | snj:US-LA | Office of Natural Resources Revenue [Member] | Offshore-Gulf of Mexico/Louisiana/Oil/Natural Gas/Well [Member] | Oil and Natural Gas [Member] | Exploration and Production [Member] | Well | |||
#: 5 | |||||||||||
25,792 | Bonuses | UNITED STATES | snj:US-LA | Office of Natural Resources Revenue [Member] | Offshore-Gulf of Mexico/Louisiana/Oil/Natural Gas/Well [Member] | Oil and Natural Gas [Member] | Exploration and Production [Member] | Well | |||
#: 6 | |||||||||||
50,373 | Taxes | MALAYSIA | Inland Revenue Board of Malaysia [Member] | Oil and Natural Gas [Member] | Exploration and Production [Member] | Well | |||||
#: 7 | |||||||||||
7,925 | Royalties | MALAYSIA | snj:MY-03 | Petroliam Nasional Berhad [Member] | Offshore-Gulf of Thailand/Kelantan/Oil/Natural Gas/Well [Member] | Oil and Natural Gas [Member] | Exploration and Production [Member] | Well | |||
#: 8 | |||||||||||
492,521 | Prod. Entitlements | MALAYSIA | snj:MY-03 | Petroliam Nasional Berhad [Member] | Offshore-Gulf of Thailand/Kelantan/Oil/Natural Gas/Well [Member] | Oil and Natural Gas [Member] | Exploration and Production [Member] | Well | Yes | Production entitlements are valued at cost, which is calculated using the total unit production cost for the project, comprised of cash operating costs and depreciation, depletion, and amortization expenses, multiplied by the production entitlement volume. | |
#: 9 | |||||||||||
$ 18,372 | Taxes | THAILAND | The Revenue Department [Member] | Oil and Natural Gas [Member] | Exploration and Production [Member] | Well |
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