Noble

Consol, Noble Drop NatGas Pipeline Assets to Cone Midstream After JV Split

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.

November 16, 2016

Correction

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.

November 4, 2016
Noble Energy Adding One Rig to DJ, One to Delaware

Noble Energy Adding One Rig to DJ, One to Delaware

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.

November 2, 2016
Consol, Noble Go Their Own Ways In Marcellus Shale, End Five-Year Joint Venture

Consol, Noble Go Their Own Ways In Marcellus Shale, End Five-Year Joint Venture

Consol Energy Inc. and Noble Energy Inc. have ended their joint venture (JV) in the Marcellus Shale, giving both companies a clearer path forward with regard to how those assets are developed, in a deal indicative of how rapidly the industry has changed since the partnership was formed in 2011.

October 31, 2016

Noble Energy Hits Record Sales Volumes, Raises Guidance by 6.7%

Noble Energy Inc. hit record quarterly sales volumes of 427,000 boe/d in the second quarter, but it also reported a net loss of $315 million (minus 73 cents/share) after low commodity prices and higher operating expenses weighed on the bottom line.

August 3, 2016
Offshore Drilling Contractors Mapping More Rough Seas Ahead

Offshore Drilling Contractors Mapping More Rough Seas Ahead

Diamond Offshore Drilling Inc., mirroring recent comments by Noble Corp. plc and Ensco plc, is expecting volatility “for some time to come” for the offshore oil and gas industry, regardless of whether commodity prices have stabilized, CEO Marc Edwards said Monday.

August 1, 2016

New Eagle Ford Wells Help Noble Set Quarterly Sales Record in 2Q2016

Noble Energy Inc. said new wells targeting the Eagle Ford Shale helped boost expected sales volumes for 2Q2016 to approximately 425,000 boe/d, a new quarterly record for the Houston-based super independent.

July 11, 2016
PDC, Noble Agree to Trade Acreage in Wattenberg Core

PDC, Noble Agree to Trade Acreage in Wattenberg Core

Six months after devoting most of its capital budget for 2016 into Colorado’s Wattenberg field, PDC Energy Inc. announced Thursday that it has agreed to trade acreage in the formation with Noble Energy Inc., a move that consolidates PDC’s position there.

June 17, 2016

Noble Energy Raises Output Forecast by 4% as DJ, Permian Performance Jumps

Houston-based Noble Energy Inc. during the first three months of this year delivered cost reductions across the board, while its U.S. natural gas-rich production, led by the Denver-Julesburg (DJ) and Permian basins, outperformed.

May 6, 2016

Noble Energy Raises Output Forecast by 4% as DJ, Permian Performance Jumps

Houston-based Noble Energy Inc. during the first three months of this year delivered cost reductions across the board, while its U.S. natural gas-rich production, led by the Denver-Julesburg (DJ) and Permian basins, outperformed.

May 6, 2016