(Adds details on realized prices, costs, production)
April 25 (Reuters) - U.S. oil and gas producer Hess Corp reported a smaller quarterly loss on Wednesday as the company benefited from higher crude prices and lower costs.
The company’s average realized price of crude oil jumped 22 percent to $59.32 per barrel, while total costs fell 11.6 percent to $1.38 billion, from a year earlier.
However, net production fell to 255,000 barrels of oil equivalent per day (boepd) from 311,000 boepd a year earlier, partly due to unplanned maintenance at the Enchilada platform in the Gulf of Mexico.
Net loss attributable to Hess narrowed to $106 million, or 38 cents per share, in the first quarter ended March 31, from $324 million, or $1.07 per share, a year earlier.
Total revenue and non-operating income rose to $1.39 billion from $1.25 billion. (Reporting by Karan Nagarkatti in Bengaluru; Editing by Sriraj Kalluvila)