During the corresponding time, Noble Energy Inc saw a revenue deteriorated by -47.76 % year on year, sequentially revenue fell by -44.02 %. While revenue at the Noble Energy Inc 's corporate clients
Noble Energy Inc's Comment on Sales, Marketing and Customers
Crude oil, natural gas, condensate and NGLs produced in the US are generally
sold under short-term and long-term contracts at market-based prices adjusted
for location and quality. Crude oil and condensate are distributed through pipelines
and by trucks and rail cars to gatherers, transportation companies and refineries.
Certain onshore US areas in which we operate have had minimal infrastructure
in place for the processing and transportation of our production. Company and
third party infrastructure projects coming online in the near future will improve
flow assurance and enhance transportation of produced crude oil and natural
gas to end markets.
Our share of crude oil and condensate from the Aseng and Alen fields is sold
to Glencore Energy UK Ltd (Glencore Energy) under a long-term sales contract
through May 2015, at market rates, and is transported by tanker. Our share of
crude oil and condensate from the Alba field is sold to Glencore Energy under
a short-term sales contract, subject to renewal, and is transported by tanker.
Noble Energy Inc’s Comment on Sales, Marketing and Customers
Crude oil, natural gas, condensate and NGLs produced in the US are generally
sold under short-term and long-term contracts at market-based prices adjusted
for location and quality. Crude oil and condensate are distributed through pipelines
and by trucks and rail cars to gatherers, transportation companies and refineries.
Certain onshore US areas in which we operate have had minimal infrastructure
in place for the processing and transportation of our production. Company and
third party infrastructure projects coming online in the near future will improve
flow assurance and enhance transportation of produced crude oil and natural
gas to end markets.
Our share of crude oil and condensate from the Aseng and Alen fields is sold
to Glencore Energy UK Ltd (Glencore Energy) under a long-term sales contract
through May 2015, at market rates, and is transported by tanker. Our share of
crude oil and condensate from the Alba field is sold to Glencore Energy under
a short-term sales contract, subject to renewal, and is transported by tanker.
Sources:
Noble Energy Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Noble Energy Inc’s corporate clients.
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