Noble Energy (NBL) Provides Q2 Update

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Go back to Noble Energy (NBL) Provides Q2 Update

Noble Energy Provides Second Quarter Update, Highlighting Strong Operational Performance and Cost Reductions

July 9, 2020 7:00 AM EDT

HOUSTON--(BUSINESS WIRE)-- Noble Energy, Inc. (NASDAQ: NBL) (Noble Energy or the Company) today provided an update on multiple fronts, including second quarter sales volumes and cost performance.

Second Quarter Highlights (includes certain preliminary results and estimates)

CAPITAL - investments funded by Noble Energy totaled approximately $100 million, reflecting continued improvement in capital efficiencies in the U.S. onshore business and reduced project spend internationally OPERATING COST - continued cost reduction initiatives and delivered record-low unit production costs (lease operating, gathering and transportation, production taxes, and other) of $6.61... More