Noble Midstream Partners Increases Second Quarter Volume Guidance; to Present at 2017 Master Limited Partnership Investor Conference

HOUSTON–(BUSINESS WIRE)–Noble Midstream Partners LP (NYSE: NBLX) (“Noble Midstream” or
the “Partnership”) today increased second quarter volume guidance as a
result of continued well performance from Noble Energy, Inc.’s enhanced
completions above the Partnership’s expectation. Estimated oil and gas
gathered volumes have been increased to range from 70 to 75 thousand
barrels of oil equivalent per day (MBoe/d), a 7.5% increase from the
original second quarter guidance and 15% higher than the first quarter.
Daily produced water gathering and fresh water delivery estimates have
also been increased for the second quarter.

“Our base gathering business continues to outperform our expectations
and will set a third consecutive monthly record for oil and gas
throughput in May,” stated Terry R. Gerhart, Chief Executive Officer of
Noble Midstream. “The additional growth in the second quarter is added
momentum ahead of the second half of 2017, when we expect meaningful
contributions from our growth projects in the DJ and Delaware Basin.”

2017 MLP Investor Conference

Noble Midstream is attending the 2017 MLP Investor Conference, sponsored
by the Master Limited Partnership Association, beginning today through
Friday, June 2, 2017. Terry Gerhart, CEO, will present at the conference
on Thursday, June 1 at 11:35 EDT. The presentation materials, along with
a link to tomorrow’s webcast, are available on the ‘Investors’ page of
the Partnership’s website at www.nblmidstream.com.

About Noble Midstream Partners

Noble Midstream Partners LP is a growth-oriented master limited
partnership formed by Noble Energy, Inc. to own, operate, develop and
acquire domestic midstream infrastructure assets. Noble Midstream
currently provides crude oil, natural gas, and water-related midstream
services in the DJ Basin in Colorado and the Delaware Basin in Texas.
For more information, please visit www.nblmidstream.com.

This news release contains certain “forward-looking statements”
within the meaning of federal securities law. Words such as
“anticipates”, “believes”, “expects”, “intends”, “will”, “should”,
“may”, “estimates”, and similar expressions may be used to identify
forward-looking statements. Forward-looking statements are not
statements of historical fact and reflect the Partnership’s current
views about future events. No assurances can be given that the
forward-looking statements contained in this news release will occur as
projected and actual results may differ materially from those projected.
Forward-looking statements are based on current expectations, estimates
and assumptions that involve a number of risks and uncertainties that
could cause actual results to differ materially from those projected.
These risks include, without limitation, Noble Energy’s ability
to meet their drilling and development plans, changes in general
economic conditions, competitive conditions in the Partnership’s
industry, actions taken by third-party operators, gatherers, processors
and transporters, the demand for crude oil and natural gas gathering and
processing services, the Partnership’s ability to successfully implement
its business plan, the Partnership’s ability to complete internal growth
projects on time and on budget, the price and availability of debt and
equity financing, the availability and price of crude oil and natural
gas to the consumer compared to the price of alternative and competing
fuels, and other risks inherent in the Partnership’s business that are
discussed in its most recent registration statement on Form S-1 and in
other reports on file with the Securities and Exchange Commission
(“SEC”). These reports are also available from the Partnership’s office
or website, www.nblmidstream.com.
Forward-looking statements are based on the estimates and opinions of
management at the time the statements are made. Noble Midstream does not
assume any obligation to update forward-looking statements should
circumstances, management’s estimates, or opinions change.

Contacts

Noble Midstream Partners LP
Chris Hickman
VP, Investor
Relations
(281) 943-1622
[email protected]