Noble Midstream Partners LP (ticker: NBLX) announced on Tuesday that it has entered into a letter of intent with Salt Creek Midstream LLC to provide infield gathering infrastructure in the Delaware Basin.

The goal is to establish a strategically located asset in the Delaware Basin, and to expand intermediate crude and oil infield gathering, extending into the Advantage Pipeline System.

Noble Midstream Advantage Pipeline & Related Infrastructure Source: NBLX

The two organizations will form a 50/50 partnership on the construction of a 200,000 BOPD crude oil pipeline and gathering system in the Delaware Basin, with acreage contributions from both companies.

Existing dedications for the agreement currently total approximately 18...


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