Noble Midstream Partners LP has entered into an agreement with a Chevron Corp. subsidiary to provide oil transmission services from the Wells Ranch development area to Platteville, Colo., for long-haul transportation out of the Denver-Julesburg basin.
With this agreement, Noble Midstream will now be responsible for substantially all crude oil gathering and intermediate oil transportation services from the Wells Ranch development area.
Concurrent with the transmission service, Noble Midstream has executed a capacity lease with an Energy Transfer LP subsidiary for capacity on the Wattenberg Oil Trunkline (WOT) through 2031.