Noble Energy Contributes Remaining Gathering Facilities to Noble Midstream

Updated 1 year 6 months ago

Following a strategic review of midstream operations, Noble Energy has entered into an agreement with Noble Midstream to sell substantially all of Noble Energy's remaining midstream facilities for USD 1.6 billion in cash and common units. This includes Noble's East Pony gas processing complex in the DJ Basin and Clayton Williams three-stream gathering in the southern Delaware Basin. Noble stated the transaction will allow Noble Midstream to simplify operations and more closely align with Noble Energy.