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Hess Corporation

Begin production at the Payara development

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 Apr 2019
Due
31 Dec 2023
Delivered
November 2023
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“The operator expects a third development, Payara, to be sanctioned late in 2019 with first production expected in 2023.”

What we found

Evidence strength A What the grades mean

Hess Corporation successfully began production at the Payara development in November 2023, meeting its commitment to start production within the 2023 calendar year.

  • A
    Hess Corporation 10-K filed 2024-02-26 Regulatory filing · published 26 Feb 2024 · retrieved 20 Oct 2026 · kept permanently by the SEC · fingerprint 4c99292d6d13
    “startup of production from the Payara Field development in November 2023” ✓ 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.

  • Scope drift 0.0%
  • Language weakened: expected → aspirational
  • 4 versions
  1. Version 1 · original · stated 25 Apr 2019

    Deadline 31 Dec 2023 (“in 2023”) · wording expected

  2. Version 2 · stated 30 Oct 2019

    Deadline 31 Dec 2023 (“2023”) · target 220,000 bopd · wording expected

    “Pending government approvals, a third development, Payara, is expected to produce up to 220,000 bopd with startup in 2023.”

    Source for this version

  3. Version 3 · stated 27 Jul 2022

    Deadline 31 Dec 2025 (“2025”) · target 250,000 bopd · wording expected

    “The fourth development, Yellowtail, was sanctioned in April and will utilize the ONE GUYANA FPSO with an expected capacity of approximately 250,000 gross bopd, with first production expected in 2025.”

    Source for this version

  4. Version 4 · stated 26 Apr 2023

    Deadline 31 Dec 2023 (“early in the fourth quarter”) · target 220,000 bopd · wording aspirational

    “The third development, Payara, which will utilize the Prosperity FPSO with a production capacity of approximately 220,000 gross bopd, is targeted for startup early in the fourth quarter.”

    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
Payara development
Where
Guyana
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
Medium
Depends on
Partner

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-2019-C004447-017545 · Corrections policy

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