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Noble Gives Guidance on Uncompleted Well Inventory
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Noble Energy, Inc. has announced third quarter 2015 results.
Legacy Noble Energy volumes totaled 337 MBoe/d for the quarter, an increase of 12 percent versus the comparable third quarter 2014 amount. Higher legacy volumes were driven by record sales from the Company's DJ Basin, Marcellus Shale and Israel assets. Total sales volumes for the third quarter of 2015 were less than production by four thousand barrels per day (MBbl/d) due to the timing of liquid liftings in Equatorial Guinea.
David L. Stover, Noble Energy's Chairman, President and CEO, commented: "Noble Energy delivered tremendous performance in the third quarter. This was highlighted by material reductions in our quarterly capital and controllable unit costs, which were driven by continued operational efficiency gains…
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