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Permian Basin: Progressing Development and Unlocking Value


Noble Energy established a significant presence in the oil-rich Permian Basin of West Texas in 2015 with the merger of Rosetta Resources Inc. into a subsidiary of Noble Energy. We further expanded this position with the acquisition of Clayton Williams Energy, Inc. (CWEI) on April 25, 2017. These transactions strengthen our onshore portfolio and increase our exposure to the high-margin liquids production. 

Our current activity is focused in the heart of the Delaware Basin primarily in Reeves County, where multiple layers of oil-rich shale and sands lie stacked one above another. We apply our expertise to optimize the field, reduce our footprint by drilling long lateral wells and increase the efficiency of our operations. In 2019, we expect to average four drilling rigs and two completion crews and plan to focus more than 95 percent of our program on row development drilling. We anticipate bringing a total of 50-55 wells online with an average lateral length of over 8,700 feet.  

Noble Midstream Partners (NBLX) service and support of Noble Energy's activity in the Delaware Basin has been a key to our success. In 2018, NBLX significantly expanded the in-basin gathering infrastructure in the Permian, setting the stage for longer-term, capital-efficient development in this key asset. Learn more about NBLX’s operations, click here.


For the latest financial information on our Permian Basin operations, please see our latest presentation.
For information on employment with Noble Energy in Texas, click here.

OPERATIONAL FACTS: Delaware Basin                     
Net acreage (4Q 2018) 94,000
Rigs (4Q 2018) 4
Total sales volumes (4Q 2018) 53 MBoe/d
Total proved reserves (YE 2018)  258 MMBoe

Conserving the Pecos Watershed Through Innovative Partnerships 

The development of oil and natural gas goes hand in hand with protecting wildlife and improving the quality of life for our communities. That is why we’ve partnered with five other West Texas operators and the National Fish and Wildlife Foundation (NFWF) to form the Pecos Watershed Conservation Initiative. Our joint commitment of $3.5 million over three years will fund on-the-ground conservation projects to enhance and restore the natural resources and wildlife habitat in the region.

"The Pecos Watershed Conservation Initiative is a new way for those who care about wildlife and those seeking to tap the vast Permian Basin oil reserves to work together. All of the partners believe that we will be able to achieve long-term conservation benefits for species and for local communities,” said Jeff Trandahl, executive director and CEO of NFWF.

Hear more about our commitments in West Texas:

D.A.R.E to Make a Difference

In Pecos, Texas, the D.A.R.E. program helps students develop good decision-making skills through awareness and education programs in the local schools. This mission aligns directly with our commitment to support the educational needs of the communities where we operate. Our work with the Pecos program supports the development of K-12 educational resources that prevent drug and alcohol use by developing core skills needed to make safe and responsible choices.  


A Look Inside

Exceeding Expectations With Excellent Operations