The company reported oil and gas sales of 379,000 barrels oil equivalent, which was a company record for a quarter, and said that volumes increased further in the fourth quarter so far.
At the same time Noble said that its organic capital spend for the quarter was US$664mln, and it reduced its capex forecast for the full-year to US$3bn which is some US$100mln less than before. It added that production cost had also improved by 14% for the quarter.
Lower oil prices, however, saw the company make a US$283mln net loss for the three month period.
It was worse than analyst expectations.
Nevertheless, investors and chief executive Stover appeared upbeat.
In New York, Noble shares were up US$1.83, 5.1%, to trade at US$37.50.
Stover, in today’s statement, said: "Noble Energy delivered tremendous performance in the third quarter.
“This was highlighted by material reductions in our quarterly capital and controllable unit costs, which were driven by continued operational efficiency gains throughout the business.
“Production outperformed expectations once again, setting us up to operate within cash flow.”
Stover added that the process to integrate newly acquired assets – picked up via the Rosetta Resources deal – was going well while offshore development success in the Gulf of Mexico has seen the Big Bend and Dantzler fields coming online.
“Given our exceptional portfolio, we have substantial investment flexibility, and we are exiting the year with great operational momentum and strong financial liquidity,” he said.