In the Bakken tight-oil play alone, Hess intends to spend $2.2 billion this year, on par with what it spent in 2013.
"However, as a result of lower well costs and decreased investments in infrastructure projects we plan to operate 17 rigs versus 14 last year and to bring 225 new operated wells online in 2014 compared to 168 in 2013," chief operating officer Greg Hill said in a statement.
Hess
