Segment Information

6 Months Ended

Jun. 30, 2011

Segment Information [Abstract]

Segment Information

13. Segment Information

     The Corporation’s results by operating segment were as follows:

	Three Months						Six Months
	Ended June 30,						Ended June 30,
	2011			2010			2011			2010
	(Millions of dollars)
Operating revenues
Exploration and Production	$	2,856		$	2,252		$	5,543		$	4,393
Marketing and Refining		7,029			5,513			14,592			12,670
Less: Transfers between affiliates		(32	)		(33	)		(67	)		(72	)
Total (*)	$	9,853		$	7,732		$	20,068		$	16,991

	Three Months						Six Months
	Ended June 30,						Ended June 30,
	2011			2010			2011			2010
	(Millions of dollars)
Net income (loss) attributable to Hess Corporation
Exploration and Production	$	747		$	488		$	1,726		$	1,039
Marketing and Refining		(39	)		(19	)		—			68
Corporate, including interest		(101	)		(94	)		(190	)		(194	)
Total	$	607		$	375		$	1,536		$	913

(*) Operating revenues exclude excise and similar taxes of approximately $590 million and $550 million for the three months ended June 30, 2011 and 2010, respectively, and $1,150 million and $1,090 million for the six months ended June 30, 2011 and 2010, respectively.

     Identifiable assets by operating segment were as follows:

	June 30,		December 31,
	2011		2010
	(Millions of dollars)
Exploration and Production	$	30,208	$	28,242
Marketing and Refining		5,760		6,377
Corporate		1,023		777
Total	$	36,991	$	35,396