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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Noble Energy Acquires Western Oklahoma Property for $291 Million

Noble Energy, Inc. Not Disclosed
AnnouncedSep 1, 2008
TypeProperty
Announced Date
September 01,2008
Transaction Type
Property
Enterprise Value (EV)($MM)
291




Snapshot
TargetZones:
{Cleveland}
Net Acres
Location
Region
Mid-Continent

Country
United States

State
Oklahoma

Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Production ($/Mcfe/d)

Transaction Details:  Subscribe to see

Noble Energy Inc., Houston, has acquired producing properties in western Oklahoma from an undisclosed seller for $291 million in cash.

The properties include an 83% average working interest on approximately 15,500 net acres. Net production is 25 million cubic feet equivalent per day. Proved and probable resources are estimated to be 132 billion cubic feet equivalent (75% gas). Noble is operator.

Noble plans to double net production in the next two years with 70 additional horizontal wells.

Tudor, Pickering, Holt & Co. Securities Inc. research analysts Michael Jacobs and David Heikkinen report…

United States Deal Activity In Last 12 Months



Other Mid-Continent Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-27-2025 - - Click here Texas  E&P
Jul-29-2024 - - Click here Oklahoma  E&P
Mar-02-2022 - - Click here Oklahoma  E&P
Nov-10-2021 - - Click here Texas  E&P
May-18-2021 - - Click here Oklahoma  E&P

Other United States Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Feb-17-2026 - - Click here Oklahoma  E&P
Feb-02-2026 - - Click here Oklahoma  E&P
Sep-09-2025 - - Click here Oklahoma  E&P
Aug-07-2025 - - Click here Oklahoma  E&P
Mar-24-2025 - - Click here Oklahoma  E&P

Price History



Date Deal Headline Price$/acre
Feb-17-2026 Ovintiv Sells Anadarko Assets for $3 Billion -  
Feb-02-2026 Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank -  
Sep-09-2025 Diversified Energy Acquires Canvas Energy for $550MM -   1,966