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Noble Cuts DJ Basin, Delaware Drill Times by Up to 18%; Output Hits 93 MBbl/d

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Noble Cuts DJ Basin, Delaware Drill Times by Up to 18%; Output Hits 93 MBbl/d

Noble Energy reported its Q3 2017 results. Highlights from its release / call include:

Q3 production hit a quarterly record of 93 MBbl/d, up +25% YOY Maintained an average of seven operated drilling rigs in Q3 (two in the DJ and five in the Delaware). During the quarter, Noble drilled 49 wells (32 DJ, 17 Delaware) Improved Drill Times DJ Basin (3% improvement): The Wells Ranch AF07-631 well with a lateral length of 9,616 feet was drilled (spud to rig release) in 4 days Delaware Basin (18% improvement): The Holy Mole 23-14 with a lateral length of 10,567 feet was drilled in 19 days Q3 Activity

Delaware Basin

Q3 Production: 27 MBoe/d - up +17% from Q2 2017 Average lateral length of 7,800' IPed 14 operated wells during Q3 (including 12 Wolfcamp A wells, one Wolfcamp B well…
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