The story
In 1932, Lloyd Noble founded the Samedan Oil Corporation, predecessor company to Noble Energy, Inc. The company was named after his children Sam, Ed, and Ann. In 1968, Samedan acquired its first offshore block in the Gulf of Mexico. By the 1970s, Noble Affiliates Inc. was set up as a holding company to own Samedan Oil Corporation and a drilling company, Noble Drilling Corporation. In 1972, Noble Affiliates became a public company via an initial public offering, listing on the then-new National Association of Securities Dealers Automated Quotations (NASDAQ).
In 1980, Noble Affiliates was first listed on the New York Stock Exchange with the ticker symbol NBL. In 1985, Noble Affiliates spun off its subsidiary, Noble Drilling Corporation. In 1986, the company acquired Energy Development Corporation.
In June 2000, the company announced that it will move its headquarters from Ardmore, Oklahoma to Houston, Texas.
In October 2000, Charles Davidson became president and CEO of the company.
By April 2002, the company had diversified into methanol and electricity production, and changed its name to Noble Energy, Inc.
In May 2005, the company acquired Patina Oil & Gas, giving the company acreage in the Rocky Mountains.
In May 2006, the company sold assets in the Gulf of Mexico for $625 million.
In June 2006, the company announced a significant discovery in the Raton prospect of the Gulf of Mexico.
Read the full text
In January 2010, the company acquired assets in the DJ Basin of the Rocky Mountains from PetroCanada and Suncor Energy for $494 million.
In May 2010, the company's Deep Blue exploration well on Green Canyon 723 in the deepwater Gulf of Mexico reached a depth of 32,684 feet.
In December 2010, the company announced the discovery of the Leviathan gas field, offshore Israel.
In February 2011, the company received the first deepwater drilling permit in the Gulf of Mexico issued by the United States Department of the Interior after the moratorium following the Deepwater Horizon incident.
In 2012, the company moved its headquarters to a building formerly occupied by Hewlett Packard in northwest Houston, Texas and signed a lease for 497,000 square feet of office space.
In September 2012, the company sold assets in the Mid-Continent oil province for $594 million.
In October 2014, the company announced plans to establish a center to train technicians in the energy industry at Ruppin Academic Center in Israel with a donation of NIS 12 million.
In July 2015, the company acquired Rosetta Resources in a stock transaction. The acquisition gave the company acreage in the Eagle Ford Group.
In September 2015, the company announced that the drilling of a well in the Cheetah exploration prospect offshore Cameroon yielded a dry hole. The company recorded a $33 million charge for this unsuccessful venture.
In April 2017, the company acquired Clayton Williams Energy for $2.7 billion.
In May 2017, the company sold Marcellus Midstream to Quantum Energy Partners for $765 million. The company also sold its assets in the Marcellus Shale for $1.12 billion.
In January 2018, the company sold part of its interest in the Tamar gas field for $800 million.
In April 2018, the company sold its assets in the Gulf of Mexico.
In December 2018, the company acquired assets in the Eagle Ford Group and the Bakken Formation.
Effective December 30, 2019, the company moved its share listing from the New York Stock Exchange to the Nasdaq Global Select Market.
In October 2020, the company was acquired by Chevron Corporation.
From Wikipedia’s article on Noble Energy, shared under CC BY-SA 4.0.7