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/