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WS - Noble Energy Highlights - March 17, 2020
Noble Energy has lowered 2020 capex by $500 million to $1.1-1.3 billion. Noble’s US onshore business will account for 80% of the cuts due to significant flexibility in its drilling and completion activity, with the majority of contractual arrangements on a wellto-well basis. Of its two US focus areas, the Delaware Basin will account for 50% of the US reductions, with smaller cuts in the DJ Basin. Previously, Noble had allocated $800 million for......
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