Noble Energy records $419 million 3Q profit

Noble Energy Inc. (NYSE: NBL) said Tuesday it doubled its third-quarter net income to $419 million from $205 million during same quarter last year.

Noble Energy’s sales volumes in the Denver-Julesburg Basin, which includes territory in Northern Colorado, averaged 102,000 barrels of oil equivalent per day, up 15 percent from the same quarter a year earlier. The company blamed “third-party facility downtime” and problems with pipeline pressure for production that came in below expectations.

The company, however, posted record quarterly horizontal production totaling 74,000 barrels of oil equivalent in the D.J. Basin during the third quarter, up 30 percent from the same…