Noble Energy Partners to Purchase Texas Pipelines

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Noble Energy Partners today announced it has entered into an agreement to purchase a 19% equity interest in the Midstream Access Pipeline for a total consideration of approximately $15 million.

The Midstream Access Pipeline consists of a network of 90 miles of high and low-pressure pipelines in Upton and Midland counties, Texas. The Midstream Access Pipeline has a capacity of 1.2 Bcf/d and went online in 2015.

The company’s combined interests in the Midstream Access Pipeline gathering and transmission systems cover more than 10,000 square miles of active production in Texas.

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