Noble Anticipates Leviathan Startup in Late 2019
Noble Energy delivered production of 350 mboe/d in the fourth quarter. This compares with our forecast of 343 mboe/d and was above the high end of previous guidance (which was 337-349 mboe/d). The U.S. onshore segment also topped guidance and drove the upside, with output growing 2% sequentially. Firmwide volumes were also 2% higher sequentially but 8% lower year over year, reflecting the divestiture of Noble’s Gulf of Mexico assets during 2018. The firm’s financial results were more or less in ...Noble Energy is an independent energy company, engaged in crude oil and natural gas exploration and production. The company's operating areas include: U.S. onshore, primarily the DJ Basin, Delaware Basin and Eagle Ford Shale; U.S. offshore Gulf of Mexico; Eastern Mediterranean; and West Africa. The company's Midstream segment develops, owns, operates and acquires domestic midstream infrastructure assets, or invests in other midstream entities, with existing focus areas being the DJ and Delaware Basins. The company's activities include geophysical and geological evaluation; analysis of commercial, regulatory and political risks; and exploratory and development drilling leading to production, where appropriate.
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