Last €53.48 EUR
Change Today +0.012 / 0.02%
Volume 0.0
NB6 On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 9:35 AM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

1001 Noble Energy Way

Houston, TX 77070

United States

Phone: 281-872-3100

Fax:

Noble Energy, Inc., an independent energy company, engages in the exploration and production of oil and gas worldwide. The company has operations in five core areas, including the DJ Basin (onshore U.S.); the Marcellus Shale (onshore U.S.); the deepwater Gulf of Mexico (offshore U.S.); offshore West Africa; and offshore eastern Mediterranean. As of December 31, 2013, the company’s total proved reserves included approximately 1,406 million barrels oil equivalent (MMBoe). The company’s properties consist primarily of interests in developed and undeveloped crude oil and natural gas leases and concessions. It also owns natural gas processing plants and natural gas gathering and other crude oil and natural gas-related pipeline systems. These assets are primarily used in the processing and transportation of its crude oil, natural gas and NGL production. In 2013, the company advanced its exploration activities in various new venture areas, such as onshore U.S. in northeast Nevada, offshore Falkland Islands, offshore Nicaragua, and offshore Sierra Leone. UNITED STATES The company engages in crude oil and natural gas exploration and development activities throughout onshore. DJ Basin The DJ Basin is the company’s major onshore U. S. field (approximately 730,000 net acres), split between approximately 609,000 net acres in Colorado (approximately 96% operated working interest) and approximately 121,000 net acres in Wyoming (the majority non-operated). Marcellus Shale The company has a 50-50 joint development agreement with CONSOL Energy Inc. (CONSOL) in approximately 700,000 gross acres in southwest Pennsylvania and northwest West Virginia, including approximately 90,000 gross acres. The company operates the wet gas (natural gas containing more liquid hydrocarbons) development area while CONSOL operates the dry gas (natural gas containing less liquid hydrocarbons) development area. The Marcellus Shale contributed an average of 139 MMcfe/d of sales volumes. During 2013, the company and CONSOL drilled 71 wet gas wells and 46 dry gas wells and brought online 35 wet gas wells and 18 dry gas wells. Northeast Nevada Exploration Prospect The company has an active global new venture process focused on identifying additional exploration opportunities. In the onshore U.S., this effort has captured a 370,000 net acre position (66% fee acreage and remainder federal acreage) in northeast Nevada, prospective for crude oil exploration. Based on acquired 3D seismic data over portions of the acreage, the company began its exploratory drilling program with two exploratory wells drilled in 2013. The company is evaluating the drilling results. Other Onshore Properties The company also operates in the following onshore U.S. areas: Rocky Mountains, including Piceance Basin (western Colorado), Bowdoin field (north central Montana), Tri-State field (northeastern Colorado, northwestern Kansas and southwestern Nebraska) and Powder River Basin (north/central Wyoming); and Gulf Coast including the Haynesville field (East Texas and North Louisiana), Comanche Plains field (West Texas). Deepwater Gulf of Mexico The company holds leases on 121 deepwater Gulf of Mexico blocks, representing approximately 52,000 net developed acres and approximately 409,000 net undeveloped acres. During 2013, the company sanctioned two major development projects in the deepwater Gulf of Mexico, Gunflint and Big Bend. Deepwater Gulf of Mexico Exploration Program The company’s deepwater Gulf of Mexico operations resulted from lease acquisition, expansion of its 3-D seismic database, and an active drilling program. It has an inventory of 20 identified prospects. Rio Grande (Mississippi Canyon Block 698, 699, 738 and 782): Big Bend (54% operated working interest) is a 2012 crude oil discovery, Troubadour (60% operated working interest) is a 2013 natural gas discovery, and Dantzler (45% operated working interest) is a 2013 crude oil discovery. In 2013, the company sanctioned the development plan for Big Bend utilizing a subsea tieback to a third party host facility, with first production targeted for late 2015. Gunflint (Mississippi Ca

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NB6:GR €53.48 EUR +0.012

NB6 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Continental Resources Inc/OK $161.29 USD +3.54
Pioneer Natural Resources Co $208.65 USD +3.51
Sempra Energy $105.97 USD +1.09
Spectra Energy Corp $41.66 USD +0.18
Williams Partners LP $53.01 USD +0.44
View Industry Companies
 

Industry Analysis

NB6

Industry Average

Valuation NB6 Industry Range
Price/Earnings 36.5x
Price/Sales 4.9x
Price/Book 2.7x
Price/Cash Flow 10.1x
TEV/Sales 3.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NOBLE ENERGY INC, please visit www.nobleenergyinc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.