Segment Information

9 Months Ended

Sep. 30, 2011

Segment Information [Abstract]

Segment Information

16. Segment Information

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

	Three Months						Nine Months
	Ended September 30,						Ended September 30,
	2011			2010			2011			2010
				(Millions of dollars)
Operating revenues
Exploration and Production	$	2,217		$	2,368		$	7,760		$	6,761
Marketing and Refining		6,479			5,535			21,071			18,205
Less: Transfers between affiliates		(31	)		(39	)		(98	)		(111	)
Total (*)	$	8,665		$	7,864		$	28,733		$	24,855
Net income (loss) attributable to Hess Corporation
Exploration and Production	$	422		$	1,277		$	2,148		$	2,316
Marketing and Refining		(23	)		(38	)		(23	)		30
Corporate, including interest		(101	)		(85	)		(291	)		(279	)
Total	$	298		$	1,154		$	1,834		$	2,067

(*)   Operating revenues exclude excise and similar taxes of approximately $600 million and $565 million for the three months ended September 30, 2011 and 2010, respectively, and $1,750 million and $1,650 million for the nine months ended September 30, 2011 and 2010, respectively. 

     Identifiable assets by operating segment were as follows:

	September 30,		December 31,
	2011		2010
	(Millions of dollars)
Exploration and Production	$	31,122	$	28,242
Marketing and Refining		5,663		6,377
Corporate		554		777
Total	$	37,339	$	35,396