Noble Energy 1Q14: Marcellus Experiments Paying Off

Noble Energy is a big driller involved in a number of resource plays–both onshore and offshore. One of their offshore operations–off the coast of Israel–has transformed Israel from energy dependent to becoming almost completely energy independent. Yesterday in the parade of quarterly earnings updates, Noble released their update for first quarter 2014. Noble is a big driller in the Marcellus Shale and their northeast program, which is what interests us, continues to perform very well for the company.

Of particular interest to MDN is a brief paragraph about Noble’s Marcellus program and the experimentation they’ve been doing–and the impressive results they’ve been getting from those experiments…

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