noble history flip.indd
Transcription
noble history flip.indd
Towering Above A brief history of a Great Company A Noble Enterprise A Noble Enterprise 1896 Humble Beginnings Lloyd Noble was born in 1896 in Ardmore, Chickasaw Nation, the child of a pioneer merchant family. A Noble Enterprise 1921 The First Rig When oil was struck on the family farm, Lloyd saw the potential for a new business. He purchased a drilling rig partnership with Art Olson. A Noble Enterprise 1920s Seminole Field With the discovery of the Seminole field in 1926, the largest in Oklahoma reaching nearly 527,000 barrels a day, the Company’s growth soared. A Noble Enterprise 1930s The Start of Something New After acquiring 38 rigs, Noble and Olson decided to go their separate ways in 1930. Noble said he wanted his choice of the people and Olson could have his choice of the equipment. The company has always valued its people above anything else. A Noble Enterprise 1932 In 1932 Lloyd Noble diversified into oil production to complement the drilling side of the business and to operate the producing properties he had acquired during his first decade of operations. The producing Company was named Samedan Oil Corporation in tribute to his three children, Sam, Ed and Ann. Today we know that Company as Noble Energy. A Noble Enterprise 1940s A Helping Hand Noble was called to help the war effort by drilling in England’s Sherwood Forest to increase their domestic production. A Noble Enterprise 1945 Upon his death in 1950, Lloyd Noble’s interests in Noble Drilling and Samedan were transferred to the Samuel Roberts Noble Foundation, a charitable foundation Lloyd Noble had formed in 1945. The two companies operated as wholly owned subsidiaries of the Noble Foundation. Changes in the tax code passed by the U.S. Congress in the late 1960s led the Foundation to divest themselves of the two businesses. Today, Noble Energy and Noble Corporation are separate publically traded companies. A Noble Enterprise 1940s Cape Hatteras Island, NC Back on U.S. soil, Noble drilled the first well off the Atlantic coast in Cape Hatteras Island, North Carolina. A Noble Enterprise 1950s Bay Marchland, LA In the early 1950s, Noble Drilling became the first company to drill offshore using electrical power from shore in Bay Marchland off Louisiana. A Noble Enterprise 1980s In 1981 Noble embarked on its first newbuild campaign, constructing the Noble Ed Holt and the Noble Sam Noble - two rigs that continue to serve with distinction today. A Noble Enterprise 1990s During the late 1990s, Noble’s EVA upgrade program transformed 5 rigs that were limited to working in up to 70’ of water of less, to units capable of operating in water depths of 6,000’ and greater. A Noble Enterprise 2000s Newbuild Expansion Noble invested in growing its fleet by seven units, including three high specification jackups and four ultra deepwater semisubmersibles. A Noble Enterprise Today Noble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of offshore drilling units located worldwide, including in the U.S. Gulf of Mexico, Mexico, Brazil, the North Sea, the Mediterranean, West Africa, the Middle East, India and the Asian Pacific. Noble’s shares are traded on the New York Stock Exchange under the symbol “NE.” Worldwide Fleet Distribution