Noble Energy Is High Bidder on Nine Deepwater Blocks in Central Gulf of Mexico OCS Sale 205



    HOUSTON, Oct. 4 /CNW/ -- Noble Energy, Inc. (NYSE:   NBL) today announced
it is the high bidder on nine deepwater lease blocks in the Central Gulf of
Mexico Outer Continental Shelf Sale 205, held October 3, 2007.  Of the nine
high bids, Noble Energy joined with Samson Offshore Company on three and bid
alone on the remaining six.  In addition to the nine high bids, Noble Energy
has the option to acquire an interest in two third-party high bid blocks.
    Noble Energy's share of the lease bonuses on the nine high bids totals
approximately $53.5 million.  The nine blocks cover in excess of 48,428 acres
in water depths ranging from approximately 2,605 feet to approximately 7,651
feet.  Noble Energy concentrated its bids on deepwater opportunities in the
Mississippi Canyon, Atwater Valley, Green Canyon, Walker Ridge and Garden
Banks areas of the Gulf of Mexico.
    All high bids are subject to approval by the Minerals Management Service
(MMS) of the U.S. Department of the Interior.  Of its nine high bids, Noble
Energy has a 100 percent working interest in six and a 50 percent working
interest in the remaining three.  If awarded by the MMS, Noble Energy will be
the operator of all nine blocks.
    Noble Energy is one of the nation's leading independent energy companies
and operates throughout major basins in the United States including Colorado's
Wattenberg Field, the Mid-continent region of western Oklahoma and the Texas
Panhandle, the San Juan Basin in New Mexico, the Gulf Coast and the deepwater
Gulf of Mexico.  In addition, Noble Energy operates internationally in
Argentina, China, Ecuador, the Mediterranean Sea (Israel), the North Sea (UK,
the Netherlands, and Norway), West Africa (Equatorial Guinea and Cameroon) and
Suriname.  Noble Energy markets natural gas and crude oil through its
subsidiary, Noble Energy Marketing, Inc.  Visit Noble Energy online at
http://www.nobleenergyinc.com.
    This news release may include projections and other "forward-looking
statements" within the meaning of the federal securities laws.  Any such
projections or statements reflect Noble Energy's current views about future
events and financial performance.  No assurances can be given that such events
or performance will occur as projected, and actual results may differ
materially from those projected.  Important factors that could cause the
actual results to differ materially from those projected include, without
limitation, the volatility in commodity prices for oil and gas, the presence
or recoverability of estimated reserves, the ability to replace reserves,
environmental risks, drilling and operating risks, exploration and development
risks, competition, government regulation or other action, the ability of
management to execute its plans to meet its goals and other risks inherent in
Noble Energy's business that are detailed in its Securities and Exchange
Commission filings.  The United States Securities and Exchange Commission
permits oil and gas companies, in their filings with the SEC, to disclose only
proved reserves.  We may use certain terms in this press release, such as
"resources," "estimated resource range," "resource potential" and "potential
resources," that the SEC's guidelines strictly prohibit us from including in
filings with the SEC.  Investors are urged to consider closely the disclosures
and risk factors in our Forms 10-K and 10-Q, File No. 1-07964, available from
Noble Energy's offices or website, http://www.nobleenergyinc.com.  These forms
can also be obtained from the SEC by calling 1-800-SEC-0330.




For further information:

For further information: Chris Tong, of Noble Energy, Inc., 
+1-281-872-3122, Investor_Relations@nobleenergyinc.com Web Site:
http://www.nobleenergyinc.com

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NOBLE ENERGY, INC.

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