Texas-based Noble Energy Inc. plans to cut more than 200 jobs across the country and shift oversight of U.S. operations from Houston to Denver in order to more closely align management with the company’s core assets in the Denver-Julesburg (DJ) Basin.
Articles from Noble
Executives with the worldwide offshore driller Noble Corp. plc said they began to see warning signs for the industry in the fourth quarter and believe the environment for drilling contracts will remain tough for the foreseeable future — at least until oil prices stabilize.
Noble Energy Inc. is buying into 17 leases owned by BP Exploration & Production Inc. in the promising Atwater Valley (AV) region of the deepwater Gulf of Mexico (GOM), an area that drew some big spenders in the March federal lease sale.
Consol Energy Inc. and Noble Energy Inc. plan to form a master limited partnership (MLP) with midstream gathering assets that serve growing production from the companies’ 50/50 joint venture in the Marcellus Shale, they said Thursday.
Noble Energy Inc.’s first quarter production from the Marcellus Shale set a company record as Noble continued to drill longer lateral wells.
Noble Energy Inc. will establish a regional headquarters in Canonsburg, PA, by becoming the anchor tenant of a new 207,000 square-foot office building in the Southpointe business park, which several of the Marcellus Shale’s largest operators also call their regional home.
In the article “Consol-Noble JV to Build Marcellus Dry Gas Pipeline” (see Shale Daily, May 29), it was incorrectly reported that a 24-inch diameter dry natural gas pipeline in West Virginia would be completed in six to nine months. The joint venture plans to begin construction of the pipeline in six to nine months, and the time to build and complete the pipeline would be an additional six to nine months. NGI’s Shale Daily regrets the error.
Hess Corp. won’t sell its unconventional assets in the Bakken, Eagle Ford and Utica shale plays, but it is looking at proposals from a hedge fund that wants a larger stake in the company, Hess officials said during a 4Q2012 earnings call on Wednesday.