Noble Energy will dedicate 75% of its $2.3-2.6 billion capital budget to rapid acceleration of its US onshore business—largely the DJ and Delaware basins and Eagle Ford. Investment is up 90% from 2016 levels. The company is partially fueled by its January buyout of longtime Permian pure-play Clayton Williams, taking its Permian position to 120,000 net acres and cementing it as one of the largest operators in the region. Noble expects the Delaware and......
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