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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1. Name and Address of Reporting Person * CAMPBELL ROBERT D   2. Issuer Name and Ticker or Trading Symbol NOBLE CORP [NE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Sr. VP & General Counsel (Last) (First) (Middle) 13135 SOUTH DAIRY ASHFORD, SUITE 800 3. Date of Earliest Transaction (Month/Day/Year) 12/06/2007 (Street) SUGAR LAND, TX 77478 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 Ordinary Shares 12/06/2007   M   110,000 A $ 21.205 110,000 D   Ordinary Shares 12/06/2007   S   110,000 D $ 53.8891 0 D   Ordinary Shares 12/06/2007   M   130,000 A $ 15.55 130,000 D   Ordinary Shares 12/06/2007   S   130,000 D $ 53.8891 0 D   Ordinary Shares 12/06/2007   M   170,000 A $ 15.6 170,000 D   Ordinary Shares 12/06/2007   S   170,000 D $ 53.8891 0 D   Ordinary Shares 12/06/2007   M   8,092 A $ 18.78 8,092 D   Ordinary Shares 12/06/2007   S   8,092 D $ 53.8891 0 D   Ordinary Shares 12/06/2007   M   12,400 A $ 26.46 12,400 D   Ordinary Shares 12/06/2007   S   12,400 D $ 53.8891 0 D   Ordinary Shares 12/06/2007   M   2,092 A $ 37.925 2,092 D   Ordinary Shares 12/06/2007   S   2,092 D $ 53.8891 0 D   Ordinary Shares               92,350 (1) D   Ordinary Shares               2,709.5659 (1) (2) I By Trust

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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

Employee Stock Option Right to Buy

$ 21.205

12/06/2007

M

110,000

(3)(9)

10/26/2010

Ordinary Shares

110,000

$ 0

0

D

Employee Stock Option Right to Buy

$ 15.55

12/06/2007

M

130,000

(4)(9)

07/26/2011

Ordinary Shares

130,000

$ 0

0

D

Employee Stock Option Right to Buy

$ 15.6

12/06/2007

M

170,000

(5)(9)

07/25/2012

Ordinary Shares

170,000

$ 0

0

D

Employee Stock Option Right to Buy

$ 18.78

12/06/2007

M

8,092

(6)(9)

04/20/2014

Ordinary Shares

8,092

$ 0

0

D

Employee Stock Option Right to Buy

$ 26.46

12/06/2007

M

12,400

(7)(9)

04/27/2015

Ordinary Shares

12,400

$ 0

6,200

D

Employee Stock Option Right to Buy

$ 37.925

12/06/2007

M

2,092

(8)(9)

02/02/2016

Ordinary Shares

2,092

$ 0

4,186

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
CAMPBELL ROBERT D 13135 SOUTH DAIRY ASHFORD SUITE 800 SUGAR LAND, TX 77478			Sr. VP & General Counsel

Signatures

/s/ Robert D. Campbell		12/07/2007
**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)	Amount reflects a two-for-one split of the Company's ordinary shares effected in the form of a 100 percent stock dividend and paid on August 28, 2007.
(2)	Shares held in the Noble Drilling Corporation 401(k) Savings Plan Trust.
(3)	Represents option to purchase 110,000 shares of the 130,000 shares granted on 10/26/00 with a vesting schedule of 43,333 shares on 10/26/01; 43,333 shares on 10/26/02; and 43,334 shares on 10/26/03.
(4)	Represents option to purchase 130,000 shares of the 130,000 shares granted on 7/26/01 with a vesting schedule of 43,333 shares on 7/26/02; 43,333 shares on 7/26/03; and 43,334 shares on 7/26/04.
(5)	Represents option to purchase 170,000 shares of the 170,000 shares granted on 7/25/02 with a vesting schedule of 56,666 shares on 7/25/03; 56,667 shares on 7/25/04; and 56,667 shares on 7/25/05.
(6)	Represents option to purchase 8,092 shares of the 8,092 shares granted on 4/20/04 with a vesting schedule of 2,697 shares on 4/20/05; 2,697 shares on 4/20/06; and 2,698 shares on 4/20/07.
(7)	Represents option to purchase 12,400 shares of the 18,600 shares granted on 4/27/05 with a vesting schedule of 6,200 shares on 4/27/06; 6,200 shares on 4/27/07; and 6,200 shares on 4/27/08.
(8)	Represents option to purchase 2,092 shares of the 6,278 shares granted on 2/2/06 with a vesting schedule of 2,092 shares on 2/2/07; 2,093 shares on 2/2/08; and 2,093 shares on 2/2/09.
(9)	All amounts reflect a two-for-one split of the Company's ordinary shares effected in the form of a 100 percent stock dividend and paid on August 28, 2007.

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