Hess Midstream LP has adjusted guidance and suspended the Capa gas plant project related to an anticipated decrease in Bakken-region activity by Chevron Corp., a stakeholder in Hess Midstream following completion of the acquisition of Hess Corp. by Chevron.
In an update Sept. 18, Hess Midstream said Chevron will decrease its Bakken drilling operations to 3 rigs from 4 starting in this year’s fourth quarter.
Hess Midstream now expects oil throughput in the Bakken to plateau in 2026 on lower planned rig activity, but said it continues to expect long-term growth in gas throughput volumes through at least 2027.
Previously, Hess Midstream expected about 10% growth in gas throughput volumes in 2026, followed by about 5% growth in 2027, and near 5% growth in oil throughput volumes in each of 2026 and 2027.
Guidance lowered on sidelined expansion plan
Related, early engineering activities on the Capa gas plant in the Bakken region have been suspended, and the project has been removed from the ‘forward plan,’ the company said.
Hess Midstream, in a July 2025 investor presentation, had noted an expectation of growth in gas volumes, the basis of its plan for incremental gas processing capacity addition of about 125 MMcfd, previously expected to be online in 2027—the construction and fabrication of which had been expected to begin this year.
