XML 22 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Organization and Nature of Operations
 9 Months Ended
Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization and Nature of Operations Note 1. Organization and Nature of Operations
Organization Noble Midstream Partners LP (the “Partnership”, “NBLX”, “we”, “us” or “our”) is a growth-oriented Delaware master limited partnership formed in December 2014 by our sponsor, Noble Energy, Inc. (“Noble” or “Parent”), to own, operate, develop and acquire a wide range of domestic midstream infrastructure assets. Our current focus areas are the Denver-Julesburg Basin (“DJ Basin”) in Colorado and the Southern Delaware Basin position of the Permian Basin (“Delaware Basin”) in Texas.
Chevron Merger On July 20, 2020, Noble, our sponsor and majority unitholder, entered into a definitive merger agreement (the “Chevron Merger Agreement”) with Chevron Corporation (“Chevron”). On October 5, 2020, Chevron completed the acquisition of Noble, the indirect general partner and majority unitholder of the Partnership, through the merger of Chelsea Merger Sub Inc., a direct, wholly owned subsidiary of Chevron, with and into Noble, with Noble surviving and continuing as a direct, wholly owned subsidiary of Chevron (the “Chevron Merger”). As a result, Chevron (1) indirectly, wholly owns and controls our general partner, Noble Midstream GP LLC (the “General Partner”), and (2) indirectly holds approximately 62.6% of our limited partner Common Units. See Item 1A. Risk Factors for a discussion of risks related to the Chevron Merger.
Partnership Assets Our assets consist of ownership interests in certain companies which serve specific areas and integrated development plan (“IDP”) areas and consist of the following:
DevCoAreas ServedNBLX Dedicated ServiceNBLX Ownership
Noncontrolling Interest (1)
Colorado River LLC
Wells Ranch IDP (DJ Basin)


East Pony IDP (DJ Basin)

All Noble DJ Basin Acreage		Crude Oil Gathering
Natural Gas Gathering
Water Services

Crude Oil Gathering

Crude Oil Treating		100%N/A
San Juan River LLCEast Pony IDP (DJ Basin)Water Services100%N/A
Green River DevCo LLCMustang IDP (DJ Basin)Crude Oil Gathering
Natural Gas Gathering
Water Services		100%N/A
Laramie River LLCGreeley Crescent IDP (DJ Basin)Crude Oil Gathering
Water Services		100%N/A
Black Diamond Dedication Area (DJ Basin) (2)
Crude Oil Gathering
Natural Gas Gathering
Crude Oil Transmission		54.4%45.6%
Gunnison River DevCo LP
Bronco IDP (DJ Basin) (3)
Crude Oil Gathering
Water Services		5%95%
Blanco River LLCDelaware Basin Crude Oil Gathering
Natural Gas Gathering
Produced Water Services		100%N/A
Trinity River DevCo LLC (4)
Delaware BasinCrude Oil Transmission
Natural Gas Compression		100%N/A
Dos Rios DevCo LLC (5)
Delaware BasinCrude Oil Transmission
Y-Grade Transmission		100%N/A
NBL Midstream Holdings LLCEast Pony IDP (DJ Basin)Natural Gas Gathering
Natural Gas Processing		100%N/A
Delaware BasinCrude Oil Gathering
Natural Gas Gathering
Produced Water Services		100%N/A
(1)The noncontrolling interest represents Noble’s retained ownership interest in the Gunnison River DevCo LP. The noncontrolling interest in Black Diamond Gathering LLC (“Black Diamond”) represents Greenfield Midstream, LLC’s (the “Greenfield Member”) interest in Black Diamond.
(2)Our ownership interest in Saddlehorn Pipeline Company, LLC (“Saddlehorn”) is owned through a wholly-owned subsidiary of Black Diamond. See Note 6. Investments.
(3)The Bronco IDP is a future development area. We currently have no midstream infrastructure assets in the Bronco IDP.
(4)Our interest in Advantage Pipeline Holdings, L.L.C. (“Advantage”) is owned through Trinity River DevCo LLC.
(5)Our ownership interests in Delaware Crossing LLC (“Delaware Crossing”), EPIC Y-Grade, LP (“EPIC Y-Grade”), EPIC Crude Holdings, LP (“EPIC Crude”) and EPIC Propane Pipeline Holdings, LP (“EPIC Propane”) are owned through wholly-owned subsidiaries of Dos Rios DevCo LLC. See Note 6. Investments.
Nature of Operations We operate and own interests in the following assets:
•crude oil gathering systems;
•natural gas gathering and processing systems and compression units;
•crude oil treating facilities;
•produced water collection, gathering, and cleaning systems;
•fresh water storage and delivery systems; and
•investments in midstream entities that provide transportation and fractionation services.
We generate revenues primarily by charging fees on a per unit basis for gathering crude oil and natural gas, delivering and storing fresh water, and collecting, cleaning and disposing of produced water. Additionally, we purchase and sell crude oil to customers at various delivery points on our gathering systems.