Drilling / Well Results | Quarterly / Earnings Reports | First Quarter (1Q) Update | Initial Production Rates | Drilling Activity | Drilling Program-Rig Count
Noble Improves Drill Times in DJ, Delaware Basins, Eagle Ford; Talks Delaware IPs
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Noble Energy reported its Q1 2018 results.
Highlights:- Q1 2018 production of 361 MBOEPD (down -5% from 4Q17 and down -6% YOY)
Increased U.S. onshore oil production over 30% compared to the first quarter of 2017 driven by Delaware Basin growth- Averaged nine operated drilling rigs (one DJ, six Delaware and two Eagle Ford)
- Improved drilled footage per day in the first quarter compared to the 2017 average by 3%, 10% and 7% in the DJ, Delaware and Eagle Ford, respectively.
Ops UpdateDelaware Basin
Sales volumes from the Company's Delaware Basin assets totaled 45 MBoe/d, with an oil mix of 69%. Compared to the first quarter of last year, sales volumes increased by over 85%.
The Company brought online 13 wells in the first quarter, all of which were located on multi-well pads. The…
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