By Anya Litvak / Pittsburgh Post-Gazette
Noble Energy Corp. is cutting 25 positions in the Marcellus Shale and 180 jobs company-wide as it narrows its focus on the most profitable areas “while preserving long-term opportunities,” the company said.
The Texas-based oil and gas driller will retain 130 people in Pennsylvania, according to company spokeswoman Reba Reid. Noble, which has a joint venture agreement with Cecil-based Consol Energy Inc. in the Marcellus, is not drilling any new wells here and likely won’t in 2016.
After the layoffs, Noble will have 2,400 employees across its onshore and international operations.
This is the second round of job cuts for Noble this year. In April, the company slashed about 10 percent of its workforce, including 20 employees in Pennsylvania.
Ms. Reid said, in a statement, that the company will “continue to focus capital allocation on activities that best deliver overall returns and value.”
It has not released its 2016 capital budget yet.
Anya Litvak: alitvak@post-gazette.com or 412-263-1455.