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Noble Energy Announces Second Quarter 2018 Results

August 28, 2018

HOUSTON, Aug. 03, 2018 (GLOBE NEWSWIRE) — Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or the “Company”) today announced second quarter 2018 financial and operating results.  Highlights include: Delivered sales volumes of 346 MBoe/d, including quarterly records for both U.S. onshore oil production and gross natural gas sales from Israel Increased U.S. onshore oil production to 105 MBbl/d, up 22 percent(1) compared to the second quarter of 2017, with growth driven by the Delaware and DJ Basins Sold on average more than 1 Bcf/d, gross, primarily from Tamar, offshore Israel, to domestic and export customers Installed two additional central gathering facilities in the Delaware Basin and initial gathering infrastructure for the Mustang development area in the DJ Basin Secured long-term Permian oil takeaway to the Gulf Coast, with access to export markets Executed Heads of Agreement establishing the framework for development of natural gas from the Alen field, offshore Equatorial Guinea Completed the divestment of the Gulf of Mexico business and sold 7.5 million units of CNX Midstream Partners Progressed the share buyback program, repurchasing 1.8 million outstanding Noble Energy shares, and reduced Noble Energy debt by $379 million    David L. Stover, Noble Energy’s Chairman, President and CEO, commented, “Noble…

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