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JV for crude oil pipeline in Delaware Basin

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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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This article has been tagged under the following:

US pipeline news Crude oil pipeline news