Articles by Charlie Passut

Noble Hits Record Sales Volumes in 3Q, Brings More Wells Online Early

Noble Energy Inc. achieved record sales volumes during the third quarter, due in large part to the company continuing to develop its assets in the Denver-Julesburg (DJ) Basin and Marcellus Shale, but also thanks to an increase in natural gas demand in Israel. Read More

Seven Utah Counties Form Coalition to Advance Uinta Basin Railroad

A coalition of seven counties in eastern Utah has secured $55 million in state funding toward the possible construction of a 100-mile freight railroad into the Uinta Basin, a line that could also be used for oil and natural gas producers in the region. Read More

PSE&G Cuts Residential NatGas Bills 31% for Three Months

Public Service Electric and Gas Co. said it will give its residential customers a credit of 28 cents/therm for the next three months, thanks to... Read More

JBBR Launches Open Season for Crude Oil Pipeline in Illinois

JBBR Pipeline LLC is holding an open season for a new 20-inch diameter crude oil pipeline, measuring approximately four miles in length, in Illinois. Read More

Fracking Discussed at Lone Gubernatorial Debate in New York

The issue of hydraulic fracturing (fracking) came up during the only debate scheduled among the candidates running for governor in New York, in a race that two polls predict should be an easy win for the incumbent, Democrat Andrew Cuomo. Read More

Natural Gas to Surpass Coal as PJM's Top Source Fuel in May

The head of PJM Interconnection, the regional transmission organization responsible for moving electricity over most of the Mid-Atlantic and parts of the Midwest, said natural gas is on pace to surpass coal as its primary source fuel by May 2015. Read More

BNK Says New Caney Shale Well Could Be Its Best to Date

BNK Petroleum Inc. said its latest well in southern Oklahoma's Tishomingo Field -- targeting the Caney Shale, a shallow oil formation in the Ardmore Basin -- is flowing back after the company's largest hydraulic fracture stimulation, and could be its best Caney well to date. Read More

Pennsylvania Legislature Passes Bill Calling for Monthly Unconventional Production Reports

Lawmakers in both chambers of the Pennsylvania General Assembly have unanimously passed a bill requiring operators of unconventional oil and gas wells to report their production on a monthly basis, a similar practice in other major producing states. The bill is awaiting Gov. Tom Corbett's signature. Read More

Genscape Says Another Polar Vortex Won't Sap Supplies, Spike Prices

The upcoming winter season in the Lower 48 is expected to be warmer than the last one, but even if the polar vortex returns for a sequel, many factors would likely... Read More

EIA Expands Heating Oil, Propane Price Data Program to 38 States

The U.S. Energy Information Administration said it is expanding its program for collecting weekly residential heating oil and propane price data from 24 to 38 states this winter. Read More