Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  CAMPBELL ROBERT D
2. Date of Event Requiring Statement (Month/Day/Year)
02/10/2006
3. Issuer Name and Ticker or Trading Symbol
NOBLE CORP [NE]
(Last)
(First)
(Middle)
6 SAINT GEORGE CT.
4. 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
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SUGAR LAND, TX 77479
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
ORDINARY SHARES 35,114
D
 
ORDINARY SHARES 1,163.5224 (1)
I
By Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units 02/10/2006   (2) Ordinary Shares 560.1428 $ (3) D  
Stock Options   (4) 10/26/2010 Ordinary Shares 55,000 $ 42.41 D  
Stock Options   (5) 07/26/2011 Ordinary Shares 65,000 $ 31.1 D  
Stock Options   (6) 07/25/2012 Ordinary Shares 85,000 $ 31.2 D  
Stock Options   (7) 04/20/2014 Ordinary Shares 4,046 $ 37.56 D  
Stock Options   (8) 04/27/2015 Ordinary Shares 9,300 $ 52.92 D  
Stock Options   (9) 02/02/2016 Ordinary Shares 3,139 $ 75.85 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CAMPBELL ROBERT D
6 SAINT GEORGE CT.
SUGAR LAND, TX 77479
      Sr. VP & General Counsel  

Signatures

/s/ Robert D. Campbell 02/14/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) Shares held in the Noble Drilling Corporation 401(k) Savings Plan Trust.
(2) Units of phantom stock are payable to the Reporting Person in Ordinary Shares or cash upon any distribution of such units from the Noble Drilling Corporation 401(k) Savings Restoration Plan.
(3) 1 for 1
(4) Represents option to purchase 65,000 shares with a vesting schedule of 21,666 shares on 10/26/01; 21,667 shares on 10/26/02; and 21,667 shares on 10/26/03. 10,000 shares exercised prior to this filing.
(5) Represents option to purchase 65,000 shares with a vesting schedule of 21,666 shares on 7/26/02; 21,667 shares on 7/26/03; and 21,667 shares on 7/26/04.
(6) Represents option to purchase 85,000 shares with a vesting schedule of 28,333 shares on 7/25/03; 28,333 shares on 7/25/04; and 28,334 shares on 7/25/05.
(7) Represents option to purchase 4,046 shares with a vesting schedule of 1,348 shares on 4/20/05; 1,349 shares on 4/20/06; and 1,349 shares on 4/20/07.
(8) Represents option to purchase 9,300 shares with a vesting schedule of 3,100 shares on 4/27/06; 3,100 shares on 4/27/07; and 3,100 shares on 4/27/08.
(9) Represents option to purchase 3,139 shares with a vesting schedule of 1,046 shares on 2/2/07; 1,046 shares on 2/2/08; and 1,047 shares on 2/2/09.

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