Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MCELVANY JAMES L
  2. Issuer Name and Ticker or Trading Symbol
NOBLE ENERGY INC [NBL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
Retired Officer
(Last)
(First)
(Middle)
100 GLENBOROUGH DRIVE, SUITE 100
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2005
(Street)

HOUSTON, TX 77067
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Noble Energy, Inc., Common Stock 05/27/2005   S   10,000 D $ 73.1 162,072 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   25,000 D $ 73.11 137,072 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   2,000 D $ 73.13 135,072 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   5,000 D $ 73.14 130,072 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   26,600 D $ 73.15 103,472 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   24,744 D $ 76.16 78,728 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   2,000 D $ 73.17 76,728 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   8,000 D $ 73.18 68,728 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   12,000 D $ 73.2 56,728 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   7,000 D $ 73.24 49,728 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   13,000 D $ 73.25 36,728 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   11,000 D $ 73.3 25,728 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   1,000 D $ 73.32 24,728 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   3,000 D $ 73.33 21,728 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   2,047 D $ 73.35 19,681 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   10,000 D $ 73.36 9,681 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   100 D $ 73.39 9,581 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   1,800 D $ 73.4 7,781 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   100 D $ 73.41 7,681 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   1,100 D $ 73.42 6,581 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   200 D $ 73.43 6,381 D  
Noble Energy, Inc., Common Stock 05/27/2005   S   123 D $ 73.26 923 I held by sons
Noble Energy, Inc., Common Stock 05/27/2005   S   400 D $ 73.27 523 I held by sons
Noble Energy, Inc., Common Stock 05/27/2005   S   523 D $ 73.28 0 I held by sons
Noble Energy, Inc., Common Stock 05/27/2005   J   0 (1) D $ 0 6,452 I 401(k)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MCELVANY JAMES L
100 GLENBOROUGH DRIVE, SUITE 100
HOUSTON, TX 77067
      Retired Officer

Signatures

 James L. McElvany   06/01/2005
**Signature of Reporting Person Date

 Arnold J. Johnson, POA   06/01/2005
**Signature of Reporting Person Date

 Charles D. Davidson, POA   06/01/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) See remarks for description of price and share calculations.
 
Remarks:
The transactions reported on this Form 4 include the disposition of 146947 shares of common stock which were acquired by Mr. McElvany pursuant to the exercise of Employee Stock Options as reported on the Form 4 filed on June 1, 2005.

Each amount listed in Column 5. of Table I that is Directly held by Mr. McElvany includes 3681 restricted shares of common stock.  Note: The last line of Direct holdings of Common Stock also includes 2700 unrestricted shares of common stock.

Holdings under the Company's 401(k) Plan are reported in units by the plan administrator.  The units represent shares of Company common stock.  The number of shares represented by the units is calculated by dividing the aggregate unit balance under the 401(k) by the closing price of the Company's common stock on the applicable date.  Using this calculation, holdings under the 401(k) plan have decreased by approximately 45 shares of Company common stock since the last reportable transaction in the Company's common stock on Form 4.

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