Exhibit 12.1

Noble Energy, Inc.

Calculation of Ratio of Earnings to Fixed Charges

	Year Ended December 31,
	2009			2008			2007			2006			2005
(millions)
Income (Loss) From Continuing Operations Before Income Tax and Income From Equity Investees	$	(348	)	$	1,887		$	1,157		$	957		$	878
Add (Deduct)
Fixed Charges		136			109			134			134			99
Capitalized Interest		(45	)		(33	)		(17	)		(13	)		(9	)
Distributed Income From Equity Investees		92			221			227			37			60
Earnings as Defined	$	(165	)	$	2,184		$	1,501		$	1,115		$	1,028
Net Interest Expense		84			69			113			117			87
Capitalized Interest		45			33			17			13			9
Interest Portion of Rental Expense		7			7			4			4			3
Fixed Charges as Defined	$	136		$	109		$	134		$	134		$	99
Ratio of Earnings to Fixed Charges		-			20.0			11.2			8.3			10.4
Amount by Which Earnings Were Insufficient to Cover Fixed Charges	$	(301	)		-			-			-			-