This year is the first in a multi-year period of growth for Noble Energy Inc. as the company realizes the payoff from “multiple years of exploration success,” CEO Charles Davidson told financial analysts Thursday during an earnings conference call. However, dry gas production from the Marcellus Shale is not part of the windfall, at least not for a while.
Payoff
Articles from Payoff
Sempra LNG, Pipeline, Storage Projects On Track, CEO Says
Sempra Energy’s multi-billion-dollar bets on expanded liquefied natural gas (LNG), interstate pipeline and storage capacity are coming closer to payoff, and CEO Donald Felsinger assured financial analysts Thursday that all of the critical projects are on track. Leading the way is the $800 million, 1 Bcf/d capacity Costa Azul LNG terminal along the Pacific Coast of North Baja, about 60 miles south of the U.S. border.
August 6, 2007
Shell to Renew Beaufort Sea Exploration Efforts
Royal Dutch Shell is gambling on the biggest Beaufort Sea exploration in years with a payoff that could open a new frontier for North American oil and natural gas production.
July 16, 2007
Shell to Renew Beaufort Sea Exploration Efforts
Royal Dutch Shell is gambling on the biggest Beaufort Sea exploration in years with a payoff that could open a new frontier for North American oil and natural gas production.
July 11, 2007
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