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	<title>Comments on: Update on Utica Shale Drilling &amp; Fracking</title>
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		<title>By: PowerSource (PPG)</title>
		<link>https://www.frackcheckwv.net/2015/11/05/update-on-utica-shale-drilling-fracking/#comment-182860</link>
		<dc:creator>PowerSource (PPG)</dc:creator>
		<pubDate>Tue, 10 Nov 2015 23:04:09 +0000</pubDate>
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		<description>&lt;strong&gt;Noble Energy makes job cuts in Marcellus Shale, company-wide&lt;/strong&gt;

By Anya Litvak, Pittsburgh Post Gazette, November 10, 2015

Noble Energy Corp. is cutting 45 positions in the Marcellus Shale and 180 jobs companywide as it narrows its focus on the most profitable areas “while preserving long-term opportunities,” the company said.

The Texas-based oil and gas driller will retain 130 people in Pennsylvania, according to company spokeswoman Reba Reid. Noble, which has a joint venture agreement with Cecil-based Consol Energy Inc. in the Marcellus, is not drilling any new wells here and likely won’t in 2016.

After the layoffs, Noble will have 2,400 employees across its onshore and international operations.

This is the second round of job cuts for Noble this year. In April, the company slashed about 10 percent of its workforce, including 20 employees in Pennsylvania.

Ms. Reid said, in a statement, that the company will “continue to focus capital allocation on activities that best deliver overall returns and value.”

It has not yet released its 2016 capital budget.

http://powersource.post-gazette.com/powersource/companies/2015/11/10/Noble-Energy-cuts-jobs-in-Marcellus-Shale-company-wide/stories/201511100160

See also: www.FrackCheckWV.net</description>
		<content:encoded><![CDATA[<p><strong>Noble Energy makes job cuts in Marcellus Shale, company-wide</strong></p>
<p>By Anya Litvak, Pittsburgh Post Gazette, November 10, 2015</p>
<p>Noble Energy Corp. is cutting 45 positions in the Marcellus Shale and 180 jobs companywide as it narrows its focus on the most profitable areas “while preserving long-term opportunities,” the company said.</p>
<p>The Texas-based oil and gas driller will retain 130 people in Pennsylvania, according to company spokeswoman Reba Reid. Noble, which has a joint venture agreement with Cecil-based Consol Energy Inc. in the Marcellus, is not drilling any new wells here and likely won’t in 2016.</p>
<p>After the layoffs, Noble will have 2,400 employees across its onshore and international operations.</p>
<p>This is the second round of job cuts for Noble this year. In April, the company slashed about 10 percent of its workforce, including 20 employees in Pennsylvania.</p>
<p>Ms. Reid said, in a statement, that the company will “continue to focus capital allocation on activities that best deliver overall returns and value.”</p>
<p>It has not yet released its 2016 capital budget.</p>
<p><a href="http://powersource.post-gazette.com/powersource/companies/2015/11/10/Noble-Energy-cuts-jobs-in-Marcellus-Shale-company-wide/stories/201511100160" rel="nofollow">http://powersource.post-gazette.com/powersource/companies/2015/11/10/Noble-Energy-cuts-jobs-in-Marcellus-Shale-company-wide/stories/201511100160</a></p>
<p>See also: <a href="http://www.FrackCheckWV.net" rel="nofollow">http://www.FrackCheckWV.net</a></p>
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