Exhibit 99.1


Graphic                                                       NEWS
RELEASE







NOBLE
ENERGY ANNOUNCES 8-K FURNISHING WITH


SECURITIES
AND EXCHANGE COMMISSION








HOUSTON (April 17, 2008) - Noble Energy, Inc. (NYSE:NBL) today announced that it has furnished its
mark-to-market commodity derivative results for the first quarter 2008 on a Form
8-K filed with the Securities and Exchange Commission.  As previously
disclosed, the Company voluntarily discontinued cash flow hedge accounting on
all existing commodity derivative instruments effective January 1,
2008.  Also included in the 8-K is the Company’s commodity derivative
hedge positions as of March 31, 2008.




In
connection with these results, Noble Energy will report adjusted net income in
its earnings release scheduled for May 1, 2008, which will exclude the after-tax
impact of the unrealized portion of the mark-to-market change in its commodity
derivative instruments.




The
company intends to furnish these derivative results on a regular
basis.




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 and Piceance basin, 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 China, Ecuador, the Mediterranean Sea, the North Sea, and
West Africa (Equatorial Guinea and Cameroon).  Visit Noble Energy
online at www.nobleenergyinc.com.








Contacts:


David
Larson


281/872-3125   dlarson@nobleenergyinc.com




Brad
Whitmarsh


281/872-3187   bwhitmarsh@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 (SEC) filings.    The United States SEC 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, www.nobleenergyinc.com.  These
forms can also be obtained from the SEC by calling
1-800-SEC-0330.




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