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Noble Energy

Noble Energy, Inc.
Public company
Traded as NBL
S&P 500 Component
Industry Petroleum industry
Founded 1932 (1932)
Headquarters Houston, Texas, United States
Key people
David L. Stover (CEO)
Kenneth M. Fisher, CFO & Executive Vice President
Products petroleum, natural gas, and natural gas liquids
Production output
418 thousand barrels of oil equivalent (2,560,000 GJ) per day
Revenue IncreaseUS$3.491 billion (2016)
Increase -US$1.296 billion (2016)
Increase -US$0.998 billion (2016)
Total assets DecreaseUS$21.011 billion (2016)
Total equity DecreaseUS$9.600 billion (2016)
Number of employees
2,274 (2016)
Website www.nobleenergyinc.com

Noble Energy, Inc., formerly Noble Affiliates, Inc., is a petroleum and natural gas exploration and production company headquartered in Houston, Texas. The company is ranked #703 on the Fortune 1000.

The company's headquarters are at 1001 Noble Energy Way, Houston, Texas (at the intersection of Texas State Highway 249 and Louetta Road) adjacent to the Lone Star College-University Park.

As of December 31, 2016, the company had 1,437 million barrels of oil equivalent (8.79×109 GJ) of proved reserves, of which 68% was in the United States, 23% was in Israel, and 9% was in Equatorial Guinea.

Of the company's total proved reserves as of December 31, 2016, 62% was natural gas, 15% was natural gas liquids, and 23% was petroleum.

In the United States, the company's primary holdings are in the Wattenberg Gas Field / Denver Basin in Colorado, the Delaware Basin, the Marcellus Shale, and to a lesser extent, in the Eagle Ford shale.

As of December 31, 2016, the company owned approximately 118,000 net developed acres and 10,000 net undeveloped acres in Equatorial Guinea, 168,000 net undeveloped acres in Cameroon, and 403,000 net undeveloped acres in Gabon.

As of December 31, 2016, the company owned approximately 78,000 net developed acres and 116,000 net undeveloped acres between 10 and 90 miles offshore Israel in water depths ranging from 700 feet to 6,500 feet. In Cyprus, the company owned a license covering approximately 33,000 net undeveloped acres adjacent to the Israel acreage.


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