Noble Energy Inc. on Thursday capped its exit from the Appalachian Basin, announcing a deal to sell its remaining midstream interests there to private equity firm Quantum Energy Partners for $765 million.
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Noble Energy Inc., which has turned its U.S. onshore focus mostly to Texas and Colorado, struck a deal to sell its Marcellus Shale acreage that runs across 385,000 net acres in northern West Virginia and southern Pennsylvania for $1.225 billion.
Clayton Williams Energy Inc. officially became a subsidiary of Noble Energy Inc. on Monday under the name NBL Permian LLC.
Houston-based Noble Energy Inc. on Thursday sanctioned the initial phase of the mammoth Leviathan natural gas project offshore Israel with first gas from the development targeted for the end of 2019.
Noble Energy Inc. has raised its U.S. onshore organic investments for 2017 by 90% year/year, in a bid to raise drilling and completion activity in Colorado and Texas, the Houston-based super independent said Tuesday.
Noble Midstream Partners LP and Plains All American Pipeline LP (PAA) agreed Monday to jointly acquire Advantage Pipeline LLC for $133 million, which would give them an expandable 70-mile, 16-inch diameter crude oil pipeline system in the southern Delaware sub-basin of West Texas.
In a mega-deal that more than doubles its reach in West Texas, Noble Energy Inc. on Monday agreed to pay $2.7 billion for Clayton Williams Energy Inc., giving the Houston independent one of the largest positions in the Permian Basin’s Delaware formation.
Cone Midstream Partners LP said Wednesday it has agreed to acquire the remaining interest in more than 125 miles of pipelines and 650 MMcf/d of natural gas compression capacity from sponsors Consol Energy Inc. and Noble Energy Inc. in a deal valued at $248 million.
In the story about Noble Energy Inc.’s 3Q2016 results, Noble Energy Adding One Rig to DJ, One to Delaware, some of the results were incorrect (seeShale Daily, Nov. 2). Net losses fell to $144 million (minus 33 cents/share) from a year ago when losses totaled $283 million (minus 67 cents). Revenue increased to $910 million from $819 million. Operating expenses fell to $1.16 billion from $1.29 billion. The operator now has two rigs in the Denver-Julesburg Basin and is adding a rig in the Eagle Ford Shale and one in the Permian Basin’s Delaware formation. NGI regrets the errors.
Noble Energy Inc. is adding two rigs to its Texas operations in the final three months of the year, one in Eagle Ford Shale and another in the Permian Basin’s Delaware formation, following strong production growth in the third quarter.