United States Upstream

Consolidated U.S. upstream operations in Texas, New Mexico, Colorado, North Dakota, California and the Gulf of America. 2025 net production of 1,858 kboe/d (up from 1,599 in 2024 and 1,349 in 2023), lifted by record Permian output, the July 2025 Hess acquisition (Bakken, Gulf of America) and deepwater ramp-ups (Anchor, Ballymore, Whale). 43% of YE2025 worldwide net proved oil-equivalent reserves are in the U.S. Sold 70% of Haynesville working interest in 2025. First power project for data centers advanced in West Texas, to be supplied with Permian gas.