The Rising Influence of Rising Affluence

[dewophile]

hess 2012 production

i emailed IR to help me reconcile my confusion re 2012 guidance

2011 370 mboe/d
-20 due to natural field declines
-4 libya
-6 asset sales
+30 baaken
+10 llano (which was shut in Q1 2011 but shoudl be back online Q2 this year), russia, etc.

= 380, the midpoint of their guidance


valhall is guided as flat yoy due to downtime this year (althoug there will be likely be a very slight increase not factored in guidance since downtime is expected to be 3 weeks and was shut in for 2 months in 2011)