Noble Energy-operated Carla South I-7 ST-1 sidetrack to the I-7 exploration well in Block I, offshore Equatorial Guinea, has encountered oil in good quality sandstones, PA Resources has announced. The sidetrack in Block I in Equatorial Guinea, drilled by the Atwood Hunter semi-submersible drilling rig, has reached a total measured depth of 3,460m. Drill cuttings, wireline log [...]
Noble Energy, Inc. today announced that it has enhanced its organizational structure to support the material growth it is anticipating over the next several years, as well as to continue the development of its senior leadership team. The new organizational structure has been designed to better align business units with common activities by taking advantage [...]
Noble Energy, Inc. reported today fourth quarter 2012 net income of $251 million, or $1.39 per share diluted, and net income from continuing operations of $277 million, or $1.54 per share diluted. Excluding the impact of an unrealized commodity derivatives gain and an asset impairment charge, fourth quarter 2012 adjusted net income from continuing operations [...]
Noble Energy, Inc. yesterday announced its 2013 capital program and guidance, and provided updates to the fourth quarter of 2012. Total capital expenditures are estimated at $3.9 billion for the year. The capital program allocates 60 percent to onshore U.S., six percent to the deepwater Gulf of Mexico, 15 percent to West Africa and 10 [...]
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Noble Energy, Inc. today announced a discovery at the Big Bend exploration prospect in the deepwater Gulf of Mexico. The well, located in 7,200 feet of water on Mississippi Canyon Block 698, was drilled to a total depth of 15,989 feet. Open-hole logging identified approximately 150 feet of net oil pay in two high-quality Miocene [...]
Noble Energy, Inc. today announced that the Trema exploration well in the Tilapia license offshore Cameroon reached its target objective and encountered reservoir-quality sandstones that were water-bearing. The well is currently being plugged and abandoned. The Company’s total cost of the Trema well is estimated at $35 million of which $20 million will be expensed [...]
Ithaca Energy Inc. announces that it has entered into agreements with Noble Energy Capital Limited to acquire two wholly owned UK subsidiary companies that will hold non-operated interests in UK North Sea producing fields; a 12.885% interest in the Cook field and a 14% interest in the MacCulloch field. The Cook oil field, operated by [...]
ODYE Limited has announced that the Sierra Leone Government has awarded ODYE’s subsidiary, ODYE (SL) Limited, a participating interest in two offshore deepwater exploration blocks, SL 8A-10 and SL 8B-10, along with its partners, Chevron and Noble Energy. ODYE’s 100% owned subsidiary, ODYE (SL) Limited, has signed a petroleum license with Sierra Leone’s Minister of [...]
Noble Energy, Inc. has announced that its production in the Gulf of Mexico has returned to pre-hurricane Isaac levels. The production impact for the quarter is estimated to be nearly 7 thousand barrels of oil equivalent per day (MBoe/d), consisting of 80 percent oil and 5 percent natural gas liquids. As a result, the Company [...]
Noble Energy, Inc.,independent energy company engaged in worldwide oil and gas exploration and production, has announced that all three wells at the Galapagos development in the deepwater Gulf of Mexico are now producing and at rates above the original forecast. The Company also announced that appraisal of the Deep Blue prospect will not continue at [...]