Noble Energy’s U.S. onshore operations are positioned to deliver consistent and predictable results. With exposure to both oil and natural gas opportunities, our well-balanced portfolio includes thousands of lower-risk development projects in our two onshore core areas: the DJ Basin and the Marcellus Shale. These areas offer sustainable returns and a large inventory of repeatable reinvestment opportunities.
In both the DJ Basin and the Marcellus areas, we are operating at the highest levels of horizontal activity in our company history. Accordingly, we are setting new production records, while optimizing drilling and completion techniques.
We are concentrating development in our two core areas and are actively divesting non-core assets which are located throughout the central U.S. and Gulf Coast. Since 2012, over $1.4 billion has been generated from non-core asset divestitures and reallocated to our higher growth projects.