Noble Energy on Wednesday said it will shift 100 workers from its Denver office, offering most of them the option to relocate to the company’s headquarters in Houston. Some may move to Greeley.
The move will leave Colorado with about a third of the company’s workforce and aligns with the company’s changing focus to include three core asset areas: the Denver-Julesburg Basin in Weld County, the Delaware Basin in east Texas and its eastern Mediterranean assets.
“This will enable us to leverage technology, systems and expertise across our U.S. onshore operations to enhance performance and increase efficiencies to deliver our growth objectives,” said company spokesman Brian Miller in a prepared statement.
Overall, Noble Energy, the second largest oil and gas drilling company in Colorado, has about 770 employees in Colorado — 300 in Denver and 470 in Greeley.
The employee shuffle comes on the heels of a $1.225 billion sale of the company’s Marcellus shale assets in May in northern West Virginia and southern Pennsylvania.
The Marcellus sale brings the company’s total sales for the year to $2 billion, and will help cover the costs of acquiring Clayton Williams Energy, Inc., according to company documents. That deal was a $2.7 billion acquisition in east Texas in the Delaware Basin.
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