One-Page Deal Sheet
Noble Midstream Forms Permian JV with Ares-backed Salt Creek
Noble Midstream Partners LP, Salt Creek Midstream LLC Not Disclosed
Announced Date
October 02,2018
Transaction Type
JV
Transaction Details: Require Private Equity Subscription
Noble Midstream Partners and Ares-backed Salt Creek Midstream has agreed to form a 50/50 joint venture on a crude oil pipeline and gathering system in the Delaware Basin.
The Joint Venture will be underpinned by acreage contributions from Noble Midstream and Salt Creek of approximately 180,000 dedicated acres from Noble Energy and five other SouthernDelaware Basin producers, with a line of sight to additional dedications totaling approximately 100,000 acres. First flow is expected to commence in October 2018
Noble Midstream connected its first Delaware Basin well for a third-party producer…
Permian - Delaware Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-25-2022 |
-  |
- |
Click here | New Mexico | Midstream |
| Feb-26-2020 |
- |
- |
Click here | Texas | Midstream |
| Dec-20-2019 |
- |
- |
Click here | Texas | Midstream |
| Nov-15-2019 |
- |
- |
Click here | Texas | Midstream |
| Aug-01-2019 |
- |
- |
Click here | New Mexico | Midstream |