For Noble Energy Inc. (NYSE: NBL), 2013 could be a red-letter in the Niobrara, according to two recent reports from Wunderlich Securities Inc. and Morgan Stanley. Noble is expected to add 200 million barrels of oil equivalent to its reserves by the end of 2013, according to the reports.
Both reports largely attribute Noble’s projected growth ...
The Rockies oil services market outside the Bakken is in the early stages of delineation for new pay, often in old fields as the region turns to horizontal drilling.
The company's total reserves are 175 million barrels of oil equivalent.