Colorado’s Denver-Julesburg (DJ) Basin is expected to take the bulk of midstream activity in 2021 by a new affiliate created between Noble Midstream Partners LP and Chevron Corp.

Noble Midstream dedicated acreage

Houston-based Noble Midstream said Tuesday it had successfully integrated into a new Chevron affiliate. The integration followed Chevron’s completed merger in October with Noble Energy Inc. 

“Noble Midstream achieved significant accomplishments this year, reducing its cash operating costs by more than 20%, placing multiple major equity-method investment pipelines into full service, and beginning to fund our investments and distribution from cash flow from operations,” CEO Robin Fielder said.

“Along with these wins and a 2021 organic capital program focused mainly on well connections, we...