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Hess Corporation

Begin production at the Liza phase one project

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
25 Oct 2017
Due
31 Dec 2020
Delivered
December 2019
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Development activities associated with the Liza phase one project are on schedule and first production is expected by 2020.”

What we found

Evidence strength A What the grades mean

Hess Corporation achieved first production at the Liza Phase 1 development in December 2019, which is before the 2020 deadline.

  • A
    Hess Corporation 10-K filed 2022-03-01 Regulatory filing · published 1 Mar 2022 · retrieved 20 Oct 2026 · kept permanently by the SEC · fingerprint 3bd4f9f9e4cb
    “net production from the Liza Phase 1 development averaged 30,000 bopd in 2021 (2020: 20,000 bopd) following first production in December 2019 from the Liza Destiny FPSO.” ✓ confirmed on the page

Checked 20 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

  • Deadline drift -275 days
  • 4 versions
  1. Version 1 · original · stated 25 Oct 2017

    Deadline 31 Dec 2020 (“by 2020”) · wording expected

  2. Version 2 · stated 31 Oct 2018

    Deadline 31 Mar 2020 (“by early 2020”) · wording expected

    “The Liza Phase 1 development, which is expected to begin producing oil by early 2020”

    Source for this version

  3. Version 3 · stated 31 Oct 2018

    Deadline 30 Jun 2022 (“by mid-2022”) · target 220,000 bopd · wording expected

    “Phase 2 of the Liza development, which will use a second FPSO designed to produce up to 220,000 gross bopd, is expected to be producing by mid-2022.”

    Source for this version

  4. Version 4 · stated 25 Apr 2019

    Deadline 31 Mar 2020 (“by the first quarter of 2020”) · target 120,000 gross bopd · wording expected

    “Liza Phase 1: Development is on schedule and is expected to begin producing up to 120,000 gross bopd by the first quarter of 2020.”

    Source for this version

  5. Version 5 · stated 25 Apr 2019

    Deadline 30 Jun 2022 (“by mid-2022”) · wording expected

    “Liza Phase 2... is expected to begin producing by mid-2022.”

    Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Production start
Indicative materiality
High rules
Action
Begin
Deliverable
Liza phase one project
Where
Guyana
Language
Expected (“expects”, “plans”)
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2017-C004447-017520 · Corrections policy

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