In this week’s video sponsored by DNV GL: Noble Energy plans to pay off debt some of its $7 billion in debt by cashing in on natural gas assets in the first billion-dollar-plus Marcellus deal of 2017. Noble isn’t the only company zeroing in on assets by shedding noncore acreage. Linn Energy agreed this week to sell natural gas assets in Wyoming to Jonah Energy for $582 million. Centennial Resource Development is entering the Northern Delaware Basin, paying $350 million for New Mexico acreage. Finally, OTC 2017 wrapped up in Houston. Among the highlights was the Secretary of the Interior, Ryan Zinke, signing two orders that will put President Donald Trump’s recent executive order for offishore exploration into action.
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