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Trinity River DevCo LP

Company Summary

Description

50/50 Joint development company formed by Noble Midstream Partners and Plains All American

Operational Regions

  • Delaware Basin

Related Entities

Recent news

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Company Transactions

Date: 3/31/2017
Type: Acquisition

NOTES:
Noble Midstream & Plains All American have entered into a 50/50 joint venture in the Delaware Basin through the newly formed Trinity River DevCo LP. The newly formed entity will acquire Advantage Pipeline LLC in a $133 million deal. The acquisition includes the 150 Mbbl/d, 70-mile Advantage Pipeline and 450,000 barrels in crude oil storage in the Delaware Basin. Also, Blueknight sold its 30% stake in the system to the group.
REGIONS:
  • Delaware Basin