----

----

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Index to Financial Statements and SupplementalSchedules

| Report of Independent Registered      Public Accounting Firm                                                                              | 1        |
|------------------------------------------------------------------------------------------------------------------------------------------------|----------|
| Financial      Statements                                                                                                                 |     |
| Statements of Net Assets Available      for Benefits as of December 31, 2007 and 2006                                                     | 2        |
| Statements of Changes in Net Assets      Available for Benefits for the years ended December 31, 2007 and      2006                       | 3        |
| Notes to Financial      Statements                                                                                                        | 4        |
| Supplemental      Schedules                                                                                                               |     |
| Schedule 1 – Schedule H, Line 4a – Schedule of      Delinquent Participant Contributions for the year ended December 31,      2007 | 11  |
| Schedule 2 – Schedule H, Line 4i – Schedule of      Assets (Held at End of Year) as of December 31, 2007                           | 12  |

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Table of Conents

Report of Independent Registered PublicAccounting Firm

|   | KPMG      LLP |
|--------|---------------|

----

Table of Conents

| NOBLE      ENERGY, INC. THRIFT AND PROFIT SHARING PLAN                                                   |   |
|----------------------------------------------------------------------------------------------------------|--------|
| Statements of Net Assets Available for      Benefits                                                     |   |
|                                                                                                     |   |   |   |   |   |   |
|                                                                                                     |   | December      31, |   |
|                                                                                                     |   | 2007 |   |   | 2006 |   |
| Assets                                                                                                   |   |   |   |   |   |   |
| Cash,      non-interest bearing                                                                          |   | $ | - |   |   | $ | 147,317 |   |
| Investments,      at fair value (Note 4)                                                                 |   |   | 150,099,051 |   |   |   | 126,470,771 |   |
|  Receivables                                                                                        |   |   |   |   |   |   |   |   |
| Participant      contributions receivable                                                                |   |   | 250,243 |   |   |   | 212,881 |   |
| Employer      contributions receivable                                                                   |   |   | 1,609,404 |   |   |   | 579,932 |   |
| Interest      and dividends receivable                                                                   |   |   | 7,021 |   |   |   | 4,074 |   |
| Total      receivables                                                                                   |   |   | 1,866,668 |   |   |   | 796,887 |   |
| Total      Assets                                                                                        |   |   | 151,965,719 |   |   |   | 127,414,975 |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
| Liabilities                                                                                              |   |   |   |   |   |   |   |   |
| Due      to trustee for securities purchased                                                             |   |   | 41,172 |   |   |   | 147,317 |   |
| Total      Liabilities                                                                                   |   |   | 41,172 |   |   |   | 147,317 |   |
| Net      Assets Available for Benefits, at Fair Value                                                    |   |   | 151,924,547 |   |   |   | 127,267,658 |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
| Adjustment      from fair value to contract value for fully benefit-responsive      investment contracts |   |   | 179,882 |   |   |   | 167,377 |   |
| Net      Assets Available for Benefits                                                                   |   | $ | 152,104,429 |   |   | $ | 127,435,035 |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
| The      accompanying notes are an integral part of these financial      statements.                     |   |   |   |   |   |   |   |   |

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Table of Conents

| NOBLE      ENERGY, INC. THRIFT AND PROFIT SHARING PLAN                               |   |
|--------------------------------------------------------------------------------------|--------|
| Statements of Changes in Net Assets      Available for Benefits                      |   |
|                                                                                 |   |   |   |   |   |   |
|                                                                                 |   | Year      Ended December 31, |   |
|                                                                                 |   | 2007 |   |   | 2006 |   |
| Additions      to Net Assets                                                         |   |   |   |   |   |   |
|  Investment      Income                                                         |   |   |   |   |   |   |
|  Net      appreciation in fair value of investments (Note 4)                    |   | $ | 13,225,534 |   |   | $ | 9,117,823 |   |
|         Dividends                                                          |   |   | 7,303,569 |   |   |   | 4,217,454 |   |
|  Participant      loan interest                                                 |   |   | 197,619 |   |   |   | 159,162 |   |
|  Interest      from other investments                                           |   |   | 840,482 |   |   |   | 657,280 |   |
|  Net      Investment Income                                                     |   |   | 21,567,204 |   |   |   | 14,151,719 |   |
|   Contributions                                                            |   |   |   |   |   |   |   |   |
|         Participants                                                       |   |   | 8,507,788 |   |   |   | 7,450,758 |   |
|   Rollover                                                                 |   |   | 709,936 |   |   |   | 588,418 |   |
|         Employer                                                           |   |   | 6,145,878 |   |   |   | 4,835,625 |   |
|  Total      Contributions                                                       |   |   | 15,363,602 |   |   |   | 12,874,801 |   |
|  Total      Additions                                                           |   |   | 36,930,806 |   |   |   | 27,026,520 |   |
|                                                                                 |   |   |   |   |   |   |   |   |
| Deductions      from Net Assets                                                      |   |   |   |   |   |   |   |   |
|  Benefits      paid to participants                                             |   |   | 12,243,187 |   |   |   | 13,710,431 |   |
|  Administrative      expenses                                                   |   |   | 18,225 |   |   |   | 15,038 |   |
|  Total      Deductions                                                          |   |   | 12,261,412 |   |   |   | 13,725,469 |   |
|                                                                                 |   |   |   |   |   |   |   |   |
| Net      Increase Before Transfers                                                   |   |   | 24,669,394 |   |   |   | 13,301,051 |   |
| Transfers      Into Plan                                                             |   |   | - |   |   |   | 36,332,684 |   |
| Net      Increase in Net Assets Available for Benefits                               |   |   | 24,669,394 |   |   |   | 49,633,735 |   |
|                                                                                 |   |   |   |   |   |   |   |   |
| Net      Assets Available for Benefits                                               |   |   |   |   |   |   |   |   |
|  Beginning      of year                                                         |   |   | 127,435,035 |   |   |   | 77,801,300 |   |
|        End of year                                                              |   | $ | 152,104,429 |   |   | $ | 127,435,035 |   |
|                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                 |   |   |   |   |   |   |   |   |
| The      accompanying notes are an integral part of these financial      statements. |   |   |   |   |   |   |   |   |

----

Table of Conents

Notes to Financial Statements

|                          |   | Percentage      of Basic       |   |   | Percentage      of Basic       |   |
|-------------------------------|--------|--------------------------------|--------|--------|--------------------------------|--------|
|                          |   | Compensation      while a      |   |   | Compensation      while a      |   |
|                          |   | Covered      Employee that was |   |   | Covered      Employee that was |   |
|                          |   | Below      the Taxable Wage    |   |   | Above      the Taxable Wage    |   |
| Age      of Participant       |   | Base                           |   |   | Base                           |   |
| Under      35                 |   |                           | 4%     |   |                           |   | 8% |   |
| At      least 35 but under 48 |   |                           | 7%     |   |                           |   | 10% |   |
| At      least 48              |   |                           | 9%     |   |                           |   | 12% |   |

----

Table of Conents

| Period      of Service                |   | Vested     |   |
|---------------------------------------|--------|------------|--------|
| Completed      by Participant         |   | Percentage |   |
| Less      than 1 year                 |   | None       |   |
| At      least 1 but less than 2 years |   |       | 34%    |   |
| At      least 2 but less than 3 years |   |       | 67%    |   |
| 3      or more years                  |   |       | 100%   |   |

| Period      of Service        |   | Vested     |
|-------------------------------|--------|------------|
| Completed      by Participant |   | Percentage |
| Less      than 3 years        |   | None       |
| 3      or more years          |   | 100%       |

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Table of Conents

----

Table of Conents

----

Table of Conents

|                                                                                                           |   | December      31, |       |
|----------------------------------------------------------------------------------------------------------------|--------|-------------------|------------|
|                                                                                                           |   | 2007              |       |   | 2006 |   |
| Noble      Energy common stock                                                                                 |   | $                 | 39,484,572 |   |   | $ | 24,781,330 |   |
| Dodge      & Cox Stock Fund                                                                                |   |              | 14,109,869 |   |   |   | 14,331,871 |   |
| Fidelity      Diversified International Fund                                                                   |   |              | 11,274,006 |   |   |   | 7,567,573 |   |
| Fidelity      Dividend Growth Fund                                                                             |   |              | *          |   |   |   | 7,840,800 |   |
| Fidelity      Managed Income      Portfolio (contract value of $16,732,125 and      $16,820,678, respectively) |   |              | 16,552,243 |   |   |   | 16,653,301 |   |
| Fidelity      Puritan Fund                                                                                     |   |              | 8,582,045  |   |   |   | 9,120,193 |   |
| Spartan      US Equity Index Fund                                                                              |   |              | 8,181,641  |   |   |   | 8,802,792 |   |
| The      Growth Fund of America                                                                                |   |              | 9,708,598  |   |   |   | 8,268,433 |   |
|                                                                                                           |   |              |       |   |   |   |   |   |
| *       Less than 5% of the Plan's net assets                                                             |   |              |       |   |   |   |   |   |

|                                |   | Year      Ended December 31, |       |
|-------------------------------------|--------|------------------------------|------------|
|                                |   | 2007                         |       |   | 2006 |   |
| Noble      Energy common stock      |   | $                            | 15,297,792 |   |   | $ | 4,585,703 |   |
| Mutual      funds                   |   |                         | (2,259,555 | ) |   |   | 4,516,563 |   |
| Common      stocks                  |   |                         | 187,297    |   |   |   | 15,557 |   |
| Net      appreciation in fair value |   | $                            | 13,225,534 |   |   | $ | 9,117,823 |   |

----

Table of Conents

|                                                                                                                |   | December      31, |        |   | December      31, |   |
|---------------------------------------------------------------------------------------------------------------------|--------|-------------------|-------------|--------|-------------------|--------|
|                                                                                                                |   | 2007              |        |   | 2006              |   |
| Net      assets available for benefits per the financial statements                                                 |   | $                 | 152,104,429 |   |              | $      | 127,435,035 |   |
| Less:      Adjustment      from fair value to contract value for fully benefit-responsive      investment contracts |   |              | (179,882    | )      |              |   | (167,377 | ) |
| Net      assets available for benefits per the Form 5500                                                            |   | $                 | 151,924,547 |   |              | $      | 127,267,658 |   |

|                                                                                                                                                |   | Year      Ended   |       |   | Year      Ended   |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|------------|--------|-------------------|--------|
|                                                                                                                                                |   | December      31, |       |   | December      31, |   |
|                                                                                                                                                |   | 2007              |       |   | 2006              |   |
| Net      investment income per the financial statements                                                                                             |   | $                 | 21,567,204 |   |              | $      | 14,151,719 |   |
| Less:      Adjustment      from fair value to contract value for fully      benefit-responsive      investment contracts December 31, 2007 and 2006 |   |              | (179,882   | )      |              |   | (167,377 | ) |
| Add:      Adjustment from fair value to contract value for fully      benefit-responsive      investment contracts December 31, 2006 and2005        |   |              | 167,377    |   |              |   | - |   |
| Net      investment income per the Form      5500                                                                                                   |   | $                 | 21,554,699 |   |              | $      | 13,984,342 |   |

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Table of Conents

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Table of Conents

| NOBLE      ENERGY, INC. THRIFT AND PROFIT SHARING PLAN                                 |   |
|----------------------------------------------------------------------------------------|--------|
| Schedule H, Line 4a – Schedule      of Delinquent Participant Contributions |   |
| Year      ended December 31, 2007                                                      |

| Identity of party      involved |   |  Relationship      to plan, employer or other party-in-interest |   |  Description      of transaction, including rate of interest                                                              |   | Amount      on line 4(a) |   | Lost      interest |   |
|---------------------------------|--------|----------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------|--------|--------------------|--------|
| Noble      Energy, Inc.         |   | Plan      sponsor                                                    |   | 2006      participant contributions and loan repayments not deposited to Plan in a      timely manner (Interest rate: various) |   | $                        | 4,212  |               | $      | 332 |   |

----

Table of Conents

| NOBLE      ENERGY, INC. THRIFT AND PROFIT SHARING PLAN                    |                                                        |
|---------------------------------------------------------------------------|-------------------------------------------------------------|
| Schedule H, Line 4i – Schedule of Assets (Held      at End of Year) |                                                        |
| December      31, 2007                                                    |                                                        |
|                                                                           |                                                        |   |   |   |
| Identity      of issue, borrower, lessor, or similar party                | Description      of investment                              |   | Current      value |   |
|                                                                      | Interest      Bearing Cash                                  |   |   |   |   |
| *                                                                         | Fidelity      Cash Reserves                                 | Cash |   | $ | 888,367 |   |
| *                                                                         | Fidelity      Institutional Money Market Portfolio          | Cash |   |   | 1,683,122 |   |
| *                                                                         | Fidelity      Select Money Market Portfolio                 | Cash |   |   | 9,292 |   |
|                                                                      | Bank      Union                                             | Certificate      of deposit |   |   | 29,000 |   |
|                                                                      | Colorado      Capital Bank                                  | Certificate      of deposit |   |   | 15,000 |   |
|                                                                      | Doral      Bank                                             | Certificate      of deposit |   |   | 15,000 |   |
|                                                                      | First      Bank & Trust                                 | Certificate      of deposit |   |   | 20,000 |   |
|                                                                      | First      Southern National Bank                           | Certificate      of deposit |   |   | 80,000 |   |
|                                                                      | Morgan      Stanley                                         | Certificate      of deposit |   |   | 20,000 |   |
|                                                                      | R-G      Premier Bank                                       | Certificate      of deposit |   |   | 70,007 |   |
|                                                                      | Strategic      Capital                                      | Certificate      of deposit |   |   | 69,853 |   |
|                                                                      | Washita      State Bank                                     | Certificate      of deposit |   |   | 43,000 |   |
|                                                                      | Total      Interest Bearing Cash                            |   |   |   | 2,942,641 |   |
|                                                                      | Common      Collective Trust Fund                           |   |   |   |   |   |
| *                                                                         | Fidelity      Managed Income Portfolio                      | Common      collective trust fund |   |   | 16,552,243 |   |
|                                                                      | Total      Common Collective Trust Fund                     |   |   |   | 16,552,243 |   |
|                                                                      | Mutual      Funds                                           |   |   |   |   |   |
|                                                                      | American      Century Small Company Fund                    | Mutual      fund |   |   | 3,202,778 |   |
|                                                                      | Dodge      & Cox Stock Fund                             | Mutual      fund |   |   | 14,109,869 |   |
|                                                                      | Dodge      & Cox International Stock Fund               | Mutual      fund |   |   | 10,525 |   |
| *                                                                         | Fidelity      Capital & Income Fund                     | Mutual      fund |   |   | 5,452 |   |
| *                                                                         | Fidelity      Convertible Securities Fund                   | Mutual      fund |   |   | 4,508 |   |
| *                                                                         | Fidelity      Diversified International Fund                | Mutual      fund |   |   | 11,274,006 |   |
| *                                                                         | Fidelity      Dividend Growth Fund                          | Mutual      fund |   |   | 7,384,383 |   |
| *                                                                         | Fidelity      Freedom Income Fund                           | Mutual      fund |   |   | 1,059,228 |   |
| *                                                                         | Fidelity      Freedom 2000 Fund                             | Mutual      fund |   |   | 137,118 |   |
| *                                                                         | Fidelity      Freedom 2005 Fund                             | Mutual      fund |   |   | 93,979 |   |
| *                                                                         | Fidelity      Freedom 2010 Fund                             | Mutual      fund |   |   | 1,542,793 |   |
| *                                                                         | Fidelity      Freedom 2015 Fund                             | Mutual      fund |   |   | 660,658 |   |
| *                                                                         | Fidelity      Freedom 2020 Fund                             | Mutual      fund |   |   | 2,084,306 |   |
| *                                                                         | Fidelity      Freedom 2025 Fund                             | Mutual      fund |   |   | 653,034 |   |
| *                                                                         | Fidelity      Freedom 2030 Fund                             | Mutual      fund |   |   | 1,112,253 |   |
| *                                                                         | Fidelity      Freedom 2035 Fund                             | Mutual      fund |   |   | 366,324 |   |
| *                                                                         | Fidelity      Freedom 2040 Fund                             | Mutual      fund |   |   | 379,054 |   |
| *                                                                         | Fidelity      Investment Grade Bond Fund                    | Mutual      fund |   |   | 2,142 |   |
| *                                                                         | Fidelity      Puritan Fund                                  | Mutual      fund |   |   | 8,582,045 |   |
| *                                                                         | Fidelity      Pacific Basin Fund                            | Mutual      fund |   |   | 57,924 |   |
| *                                                                         | Fidelity      Small Cap Growth Fund                         | Mutual      fund |   |   | 9,762 |   |
| *                                                                         | Fidelity      Select Air Transportation Portfolio           | Mutual      fund |   |   | 44,332 |   |
| *                                                                         | Fidelity      Select Food & Agriculture Portfolio       | Mutual      fund |   |   | 54,824 |   |
| *                                                                         | Fidelity      Total Bond Fund                               | Mutual      fund |   |   | 2,236 |   |
|                                                                      | Franklin      Small Mid-Cap Growth Fund                     | Mutual      fund |   |   | 4,513,466 |   |
|                                                                      | Guinness      Atkinson China & Hong Kong Fund           | Mutual      fund |   |   | 6,574 |   |
|                                                                      | Harding      Loevner Emerging Market Portfolio              | Mutual      fund |   |   | 38,160 |   |
|                                                                      | Heartland      Value Fund                                   | Mutual      fund |   |   | 44,197 |   |
|                                                                      | Janus      Mid Cap Value Fund - Institutional Shares        | Mutual      fund |   |   | 5,045,525 |   |
|                                                                      | Janus      Strategic Value Fund                             | Mutual      fund |   |   | 55,147 |   |
|                                                                      | Marsico      21st Century Fund                              | Mutual      fund |   |   | 53,694 |   |
|                                                                      | Navellier      Fundamental A Portfolio                      | Mutual      fund |   |   | 41,123 |   |
|                                                                      | PIMCO      Moderate Duration Fund                           | Mutual      fund |   |   | 4,764,017 |   |
|                                                                      | PRIMECAP      Odyssey Aggressive Growth Fund                | Mutual      fund |   |   | 45,771 |   |
|                                                                      | Royce      Value Plus Investment Class Fund                 | Mutual      fund |   |   | 47,240 |   |
| *                                                                         | Spartan      US Equity Index Fund                           | Mutual      fund |   |   | 8,181,641 |   |
|                                                                      | The      Growth Fund of America                             | Mutual      fund |   |   | 9,708,598 |   |
|                                                                      | Third      Avenue Value Fund                                | Mutual      fund |   |   | 30,948 |   |
|                                                                      | T.      Rowe Price Emerging Europe & Mediterranean Fund | Mutual      fund |   |   | 60,905 |   |
|                                                                      | Vanguard      Global Equity Fund                            | Mutual      fund |   |   | 51,087 |   |
|                                                                      | Westcore      Select Fund                                   | Mutual      fund |   |   | 50,954 |   |
|                                                                      | Western      Asset Core Portfolio                           | Mutual      fund |   |   | 4,846 |   |
|                                                                      | Total      Mutual Funds                                     |   |   |   | 85,577,426 |   |

----

Table of Conents

|   | NOBLE      ENERGY, INC. THRIFT AND PROFIT SHARING PLAN                    |                           |
|--------|---------------------------------------------------------------------------|--------------------------------|
|   | Schedule      H, Line 4i – Schedule of Assets (Held at End of Year) |                           |
|   | December      31, 2007                                                    |                           |
|   |                                                                      |                           |   |   |   |
|   | Identity      of issue, borrower, lessor, or similar party                | Description      of investment |   | Current      value |   |
|   | Common      Stocks                                                        |                           |   |   |   |
|   | Abercrombie      & Fitch Co.                                          | Common      stock              |   | $ | 16,100 |   |
|   | Aeropostale      Inc.                                                     | Common      stock              |   |   | 15,900 |   |
|   | Agrium      Inc.                                                          | Common      stock              |   |   | 14,442 |   |
|   | Akamai      Technologies Inc.                                             | Common      stock              |   |   | 3,460 |   |
|   | Allegheny      Technologies Inc.                                          | Common      stock              |   |   | 8,679 |   |
|   | Altria      Group Inc.                                                    | Common      stock              |   |   | 4,209 |   |
|   | AMDL,      Inc.                                                           | Common      stock              |   |   | 1,644 |   |
|   | American      Eagle Outfitters Inc.                                       | Common      stock              |   |   | 8,374 |   |
|   | American      Vanguard Corp.                                              | Common      stock              |   |   | 17,455 |   |
|   | AspenBio      Pharma Inc.                                                 | Common      stock              |   |   | 9,592 |   |
|   | AT&T      Inc.                                                        | Common      stock              |   |   | 20,780 |   |
|   | Atwood      Oceanics Inc.                                                 | Common      stock              |   |   | 35,084 |   |
|   | BP      plc                                                               | Common      stock              |   |   | 85 |   |
|   | Bed      Bath & Beyond Inc.                                           | Common      stock              |   |   | 11,756 |   |
|   | BioFuel      Energy Corp.                                                 | Common      stock              |   |   | 56,240 |   |
|   | Bravo      Venture Group                                                  | Common      stock              |   |   | 697 |   |
|   | Bronco      Drilling Company Inc.                                         | Common      stock              |   |   | 1,500 |   |
|   | Brookfield      Asset Management Inc.                                     | Common      stock              |   |   | 6,285 |   |
|   | Capstead      Mortgage Corp.                                              | Common      stock              |   |   | 2,374 |   |
|   | Cell      Genesys, Inc.                                                   | Common      stock              |   |   | 9,925 |   |
|   | CF      Industries Holdings, Inc.                                         | Common      stock              |   |   | 33,018 |   |
|   | Chesapeake      Energy Corp.                                              | Common      stock              |   |   | 39,584 |   |
|   | Chevron      Corp.                                                        | Common      stock              |   |   | 65,899 |   |
|   | Chicago      Bridge & Iron Company                                    | Common      stock              |   |   | 39,286 |   |
|   | Chipotle      Mexican Grill, Inc.                                         | Common      stock              |   |   | 2,206 |   |
|   | Cimarex      Energy Co.                                                   | Common      stock              |   |   | 17,012 |   |
|   | Coca-Cola      Co.                                                        | Common      stock              |   |   | 6,247 |   |
|   | Columbus      Gold Corp.                                                  | Common      stock              |   |   | 957 |   |
|   | Corning      Inc.                                                         | Common      stock              |   |   | 230,810 |   |
|   | Creative      Technology Ltd.                                             | Common      stock              |   |   | 4,250 |   |
|   | Crosshair      Exploration & Mining Corp.                             | Common      stock              |   |   | 1,547 |   |
|   | Cummins      Engine Company, Inc.                                         | Common      stock              |   |   | 6,465 |   |
|   | Deep      Down, Inc.                                                      | Common      stock              |   |   | 8,134 |   |
|   | Deep      Earth Resources                                                 | Common      stock              |   |   | 60 |   |
|   | Delek      US Holdings Inc.                                               | Common      stock              |   |   | 10,225 |   |
|   | Dendreon      Corp.                                                       | Common      stock              |   |   | 245,068 |   |
|   | Diamond      Offshore Drilling Inc.                                       | Common      stock              |   |   | 92,300 |   |
|   | Dune      Energy Inc                                                      | Common      stock              |   |   | 2,040 |   |
|   | East      West Bancorp, Inc.                                              | Common      stock              |   |   | 2,450 |   |
|   | ECU      Silver Mining Inc.                                               | Common      stock              |   |   | 1,091 |   |
|   | Eden      Energy Corp                                                     | Common      stock              |   |   | 2,340 |   |
|   | EMC      Corporation                                                      | Common      stock              |   |   | 5,559 |   |
|   | Energy      Transfer Equity, L.P.                                         | Common      stock              |   |   | 38,929 |   |
|   | Ethanoil      & Gas Corp                                              | Common      stock              |   |   | 1 |   |
|   | Ethanex      Energy                                                       | Common      stock              |   |   | 4,200 |   |
|   | ExxonMobil      Corp.                                                     | Common      stock              |   |   | 69,065 |   |
|   | FortuNet,      Inc.                                                       | Common      stock              |   |   | 8,050 |   |
|   | Freeport-McMoRan      Copper & Gold Inc.                              | Common      stock              |   |   | 15,366 |   |
|   | Garmin      Ltd.                                                          | Common      stock              |   |   | 55,290 |   |
|   | Gasco      Energy Inc.                                                    | Common      stock              |   |   | 1,990 |   |
|   | Gemini      Explorations                                                  | Common      stock              |   |   | 464 |   |
|   | Geologix      Explorations Inc.                                           | Common      stock              |   |   | 2,677 |   |
|   | Geoinformatics      Exploration Inc.                                      | Common      stock              |   |   | 300 |   |
|   | Gold      Fields Ltd.                                                     | Common      stock              |   |   | 1,065 |   |
|   | Goldman      Sachs Group Inc.                                             | Common      stock              |   |   | 48,565 |   |
|   | Google      Inc.                                                          | Common      stock              |   |   | 24,202 |   |
|   | Great      Basin Gold Ltd.                                                | Common      stock              |   |   | 1,064 |   |
|   | HKN,      Inc.                                                            | Common      stock              |   |   | 837 |   |
|   | Insteel      Industries Inc.                                              | Common      stock              |   |   | 11,730 |   |
|   | Intel      Corp.                                                          | Common      stock              |   |   | 6,901 |   |
|   | iShares      Silver Trust                                                 | Common      stock              |   |   | 3,233 |   |
|   | JPMorgan      Chase & Co.                                             | Common      stock              |   |   | 13,166 |   |
|   | Johnson      & Johnson                                                | Common      stock              |   |   | 7,279 |   |
|   | KBR,      Inc.                                                            | Common      stock              |   |   | 23,280 |   |
|   | Kellogg      Company                                                      | Common      stock              |   |   | 5,457 |   |
|   | Key      Energy Services Inc.                                             | Common      stock              |   |   | 1,036 |   |
|   | Kraft      Foods Inc.                                                     | Common      stock              |   |   | 3,444 |   |
|   | Level      3 Communications Inc.                                          | Common      stock              |   |   | 3,040 |   |

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Table of Conents

| NOBLE      ENERGY, INC. THRIFT AND PROFIT SHARING PLAN                                             |                                                                             |
|----------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------|
| Schedule      H, Line 4i – Schedule of Assets (Held at End of Year)                          |                                                                             |
| December      31, 2007                                                                             |                                                                             |
|                                                                                               |                                                                             |   |   |   |
| Identity      of issue, borrower, lessor, or similar party                                         | Description      of investment                                                   |   | Current      value |   |
|                                                                                               | Common      Stocks                                                               |   |   |   |   |
|                                                                                               | Mammoth      Energy Group                                                        | Common      stock |   |   | 1 |   |
|                                                                                               | Marathon      Oil Corp.                                                          | Common      stock |   |   | 30,689 |   |
|                                                                                               | Maverick      Oil & Gas Inc.                                                 | Common      stock |   |   | 29 |   |
|                                                                                               | MGM      Mirage                                                                  | Common      stock |   |   | 6,302 |   |
|                                                                                               | Mosaic      Co.                                                                  | Common      stock |   |   | 56,604 |   |
|                                                                                               | Murphy      Oil Corp.                                                            | Common      stock |   |   | 65,753 |   |
|                                                                                               | Nasdaq      OMX Group Inc                                                        | Common      stock |   |   | 14,847 |   |
| *                                                                                                  | Noble      Energy, Inc.                                                          | Common      stock |   |   | 39,484,572 |   |
|                                                                                               | Northern      Dynasty Minerals Ltd.                                              | Common      stock |   |   | 919 |   |
|                                                                                               | Northwest      Biotherapeutics Inc.                                              | Common      stock |   |   | 10 |   |
|                                                                                               | On      The Go Healthcare, Inc.                                                  | Common      stock |   |   | 16 |   |
|                                                                                               | Particle      Drilling Technologies, Inc.                                        | Common      stock |   |   | 516 |   |
|                                                                                               | Pepsico,      Inc.                                                               | Common      stock |   |   | 20,004 |   |
|                                                                                               | PetroSun      Inc.                                                               | Common      stock |   |   | 2,100 |   |
|                                                                                               | Pfizer      Inc.                                                                 | Common      stock |   |   | 21,135 |   |
|                                                                                               | Potash      Corp.                                                                | Common      stock |   |   | 41,748 |   |
|                                                                                               | PowerShares      Global Water Portfolio                                          | Common      stock |   |   | 3,008 |   |
|                                                                                               | PowerShares      Dynamic Energy      Exploration & Production      Portfolio | Common      stock |   |   | 2,543 |   |
|                                                                                               | Qiao      Xing Universal Telephone Inc.                                          | Common      stock |   |   | 4,950 |   |
|                                                                                               | RTI      International Metals Inc.                                               | Common      stock |   |   | 41,358 |   |
|                                                                                               | Sally      Beauty Holdings Inc.                                                  | Common      stock |   |   | 28,960 |   |
|                                                                                               | Samex      Mining Corp                                                           | Common      stock |   |   | 508 |   |
|                                                                                               | SandRidge      Energy, Inc.                                                      | Common      stock |   |   | 7,172 |   |
|                                                                                               | Sears      Holdings Corporation                                                  | Common      stock |   |   | 56,128 |   |
|                                                                                               | Shaw      Communications, Inc.                                                   | Common      stock |   |   | 14,208 |   |
|                                                                                               | Shengdatech,      Inc.                                                           | Common      stock |   |   | 36,125 |   |
|                                                                                               | Silver      Star Energy Inc.                                                     | Common      stock |   |   | 45 |   |
|                                                                                               | Sony      Corp.                                                                  | Common      stock |   |   | 185,316 |   |
|                                                                                               | Southern      Copper Corp.                                                       | Common      stock |   |   | 36,796 |   |
|                                                                                               | Southern      Home Medical Equipment, Inc                                        | Common      stock |   |   | 45 |   |
|                                                                                               | Southwestern      Energy Co.                                                     | Common      stock |   |   | 16,716 |   |
|                                                                                               | streetTRACKS      Gold Shares                                                    | Common      stock |   |   | 4,123 |   |
|                                                                                               | Terax      Energy Inc.                                                           | Common      stock |   |   | 15 |   |
|                                                                                               | Terra      Industries Inc.                                                       | Common      stock |   |   | 34,387 |   |
|                                                                                               | Tesoro      Corporation                                                          | Common      stock |   |   | 11,976 |   |
|                                                                                               | Teton      Energy Corp.                                                          | Common      stock |   |   | 48,755 |   |
|                                                                                               | Texas      Instruments Inc.                                                      | Common      stock |   |   | 8,376 |   |
|                                                                                               | Titanium      Metals Corp.                                                       | Common      stock |   |   | 7,957 |   |
|                                                                                               | Tournigan      Energy Ltd.                                                       | Common      stock |   |   | 528 |   |
|                                                                                               | Transocean,      Inc.                                                            | Common      stock |   |   | 42,945 |   |
|                                                                                               | Trophy      Resources Inc.                                                       | Common      stock |   |   | 5 |   |
|                                                                                               | Ultra      Petroleum Corp.                                                       | Common      stock |   |   | 14,300 |   |
|                                                                                               | United      Technologies Corp.                                                   | Common      stock |   |   | 19,180 |   |
|                                                                                               | Vimple-Communications                                                            | Common      stock |   |   | 37,440 |   |
|                                                                                               | XTO      Energy Inc.                                                             | Common      stock |   |   | 103,505 |   |
|                                                                                               | Xerium      Technologies Inc.                                                    | Common      stock |   |   | 10,400 |   |
|                                                                                               | Total      Common Stocks                                                         |   |   |   | 41,934,775 |   |
|                                                                                               | Other      Investments                                                           |   |   |   |   |   |
|                                                                                               | Enterprise      Products Partners L.P.                                           | Other      investments |   |   | 4,944 |   |
|                                                                                               | Precision      Castparts Call Option                                             | Other      investments |   |   | (1,600 | ) |
|                                                                                               | The      Blackstone Group                                                        | Other      investments |   |   | 9,959 |   |
|                                                                                               | Williams      Coal Seam Gas Royalty Trust                                        | Other      investments |   |   | 1,583 |   |
|                                                                                               | Total      Other Investments                                                     |   |   |   | 14,886 |   |
| *                                                                                                  | Participant      Loans                                                           | Interest      rates range from 4.0% to 9.75%; maturities from January 4, 2008 through      July 31, 2024 |   |   | 3,077,080 |   |
|                                                                                               | Total      Participant Loans                                                     |   |   |   | 3,077,080 |   |
|                                                                                               | Total      Investments                                                           |   |   | $ | 150,099,051 |   |
| *                                                                                                  | Represents      party-in-interest.                                               |   |   |   |   |   |
|                                                                                               |                                                                             |   |   |   |   |   |
| Note:      Historical cost information has been omitted for participant-directed      investments. |                                                                             |   |   |   |
|                                                                                               |                                                                             |   |   |   |   |   |
| See      accompanying report of independent registered public accounting      firm.                |                                                                             |   |   |   |

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Table of Conents

|                     | NOBLE      ENERGY, INC. THRIFT                            |
|--------------------------|-----------------------------------------------------------|
|                     | AND      PROFIT SHARING PLAN                              |
|                     |                                                      |   |
| Date:      June 19, 2008 | By:                                                       | /s/      Andrea Lee Robison |
|                     | Andrea      Lee Robison,                                  |
|                     | Vice      President, Human Resources of Noble Energy,Inc. |

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Table of Conents

| Exhibit      number |   | Exhibit                                                      |
|---------------------|--------|--------------------------------------------------------------|
|                |   |                                                         |
| 23.1                |   | Consent      of Independent Registered Public AccountingFirm |

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