Noble Energy announced plans to exit its Northeast position in West Virginia and Pennsylvania this week. The buyer was undisclosed but agreed to pay $1.225 billion with almost 10% of the payment contingent upon strong Dominion South prices through 2020. Our Well Analysis Tool provides insight into potential nearby buyers. We view the deal as positive for Noble, especially after the Clayton Williams acquisition. Other stories covered this week include:
QEP touts successful Haynesville Re-fracs in earnings presentation
Centennial Resources announces Northern Delaware Basin entry for $350 million
Southwestern Energy betting on Arkansas' Moorefield Shale
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Insight | May 2017
US Upstream week in brief: Noble bids farewell to Northeast gas
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