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Hess Corporation

Achieve first oil from 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
27 Jan 2021
Due
31 Dec 2024
Delivered
November 2023
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“The Payara development was sanctioned in September 2020 and will utilize the Prosperity FPSO with an expected capacity of 220,000 gross bopd, with first oil targeted in 2024.”

What we found

Evidence strength A What the grades mean

Hess Corporation achieved first oil from the Payara development in November 2023, which is within the 2024 deadline.

  • A
    Hess Corporation 10-K filed 2025-02-27 Regulatory filing · published 27 Feb 2025 · retrieved 20 Oct 2026 · kept permanently by the SEC · fingerprint 94c404dd3ca0
    “the third development, Payara, began producing oil in November 2023 from the Prosperity 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 +1826 days
  • Scope drift -52.0%
  • 3 versions
  1. Version 1 · original · stated 27 Jan 2021

    Deadline 31 Dec 2024 (“2024”) · wording expected

  2. Version 2 · stated 26 Jan 2022

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

    “Pending government approval and project sanctioning, the project is expected to have a capacity of 250,000 gross bopd with first oil anticipated in 2025.”

    Source for this version

  3. Version 3 · stated 31 Jul 2024

    Deadline 31 Dec 2029 (“in 2029”) · wording expected

    “first oil anticipated in 2029”

    Source for this version

  4. Version 4 · stated 29 Jan 2025

    Deadline 31 Dec 2029 (“in 2029”) · target 120,000 gross bopd · wording expected

    “Pending government and regulatory approval and project sanctioning, the development is expected to have a production capacity in the range of 120,000 to 180,000 gross bopd, with first oil anticipated in 2029.”

    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
Project other
Indicative materiality
Low rules
Action
Achieve
Deliverable
first oil from Payara development
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-2021-C004447-017574 · Corrections policy

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