JV for crude oil pipeline in Delaware Basin
Published by Lydia Woellwarth,
Editor
World Pipelines,
Noble Midstream Partners LP and Salt Creek Midstream LLC have announced the closing of the previously announced 50/50 joint venture, Delaware Crossing LLC. Delaware Crossing will provide crude oil gathering and transportation services and include a 95 mile pipeline in the southern Delaware Basin originating in Pecos County, Texas, with additional connections in Reeves County and Winkler County, Texas.
Vinson & Elkins LLP acted as outside legal counsel to Noble Midstream in connection with the joint venture. Salt Creek’s legal counsel was Kirkland & Ellis LLP.
Read the article online at: https://www.worldpipelines.com/business-news/08022019/jv-for-crude-oil-pipeline-in-delaware-basin/
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