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Disposition
9 Months Ended
Sep. 30, 2017
Disposition Of Businesses [Abstract]  
Disposition

2.  Disposition

In the third quarter of 2017, we completed the sale of our enhanced oil recovery assets in the Permian Basin for proceeds of $597 million, after normal closing adjustments, and recognized a pre-tax gain of $273 million ($280 million attributable to Hess Corporation after income taxes and noncontrolling interest).  This sale transaction included both upstream and midstream assets resulting in an after-tax gain of $314 million allocated to the E&P segment, and an after-tax loss of $34 million allocated to the Midstream segment.