UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM SD
SPECIALIZED DISCLOSURE REPORT
HESS CORPORATION
(Exact name of the registrant as specified in its charter)
 
 
Delaware 1-120413-4921002
(State or other jurisdiction of
incorporation or organization)
 (Commission File Number)(I.R.S. Employer
Identification No.)
1185 Avenue of the Americas
New York, N.Y.
10036
(Address of principal executive offices and zip code)
John P. Rielly
Executive Vice President
and Chief Financial Officer
212-997-8500
(Name and telephone number, including area code, of the person to contact in connection with this report)
 
Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:

¨
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.
 



Section 2 – Resource Extraction Issuer Disclosure
Item 2.01 Resource Extraction Issuer Disclosure and Report
Disclosure of Payments by Resource Extraction Issuers
The specified payment disclosure required by this Form is included in Exhibit 2.01 to this Form SD. Pursuant to Instruction (1) of Instructions to Item 2.01 of Form SD, Hess Corporation is hereby submitting the required disclosure for Hess Midstream LP, a publicly traded limited partnership and consolidated subsidiary of Hess Corporation.
Section 3 – Exhibits
Item 3.01 Exhibits
The following exhibits are filed as part of this report.
Exhibit numberDescription
2.01(INS)XBRL Instance Document
2.01(SCH)XBRL Schema Document




SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
HESS CORPORATION
(Registrant)
By:/s/ John P. RiellyDate: September 24, 2024
Name:John P. Rielly
Title:Executive Vice President and
Chief Financial Officer

Exhibit 2.01
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 / GovernmentTaxes (a)RoyaltiesFeesProduction Entitlements (b)BonusesDividendsInfrastructure ImprovementsCommunity & Social ResponsibilityTotal
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 $— $— $— $727,702 
Payments by Project
Taxes (a)RoyaltiesFeesProduction Entitlements (b)BonusesDividendsInfrastructure ImprovementsCommunity & Social ResponsibilityTotal
Projects
Offshore-Gulf of Mexico/Louisiana/Oil/Natural Gas/Well$— $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 
Notes:
In accordance with the Securities and Exchange Commission's (SEC) final rule regarding the "Disclosure of Payments by Resource Extraction Issuers", where we are the operator of an unincorporated oil and gas joint venture or arrangement that we proportionately consolidate, and make payments to governments for the entire venture or arrangement on behalf of non-operator members, we report all of the payments. Where we are not the operator of an unincorporated oil and gas joint venture or arrangement that we proportionately consolidate, we only report payments made directly by us to governments. We do not report reimbursements paid by us to operators for our proportionate share of payments made by the operator to governments.
(a)At the Stabroek Block, offshore Guyana, we have a 30% working interest in the block and ExxonMobil Guyana Ltd is the operator. A portion of gross production from the Stabroek Block, separate from the joint venture partners’ cost recovery and profit share entitlement, is used to satisfy the joint venture partners’ income tax liability. Delivery of this production to the government in satisfaction of the joint venture partners’ income tax liability is administered by ExxonMobil Guyana Ltd. as the operator, and therefore is not included in this report as a payment. Our income tax liability was $433 million for the year ended December 31, 2023.
(b)Production entitlements are paid in-kind. Where we are the operator, we report the host government’s production entitlement along with the production entitlement of nationally owned companies (NOCs) that participate as a joint venture partner in the project. The production entitlement of NOCs that participate as a joint venture partner includes both cost recovery and profit share. 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. Production entitlements of NOCs that participate as a joint venture partner arising from activities or interests outside of their home country are excluded.
(c)Hess Infrastructure Partners Holdings, LLC (HIPH) is an indirect, wholly owned subsidiary of Hess Midstream LP. Hess Midstream LP is a separate SEC registrant, and is fully consolidated in the financial statements of Hess Corporation. Taxes paid by HIPH are included in the Midstream business segment of Hess Corporation.
(d)Taxes paid in Malaysian Ringgit were converted to USD at the exchange rate at the date of payment.
(e)Royalties were paid in Malaysian Ringgit, and the amount reported was converted to USD at the exchange rate at the date of payment.
(f)Taxes paid in Thai Baht were converted to USD at the exchange rate at the date of payment. These taxes arise from our interest in Block A-18 of the Malaysia/Thailand Joint Development Area.

v3.24.3
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
v3.24.3
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
v3.24.3
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
v3.24.3
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
v3.24.3
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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