Noble Midstream Partners Provides Operational and Commercial Update; to Present at 2018 MLP & Energy Infrastructure Conference

HOUSTON–(BUSINESS WIRE)–Noble Midstream Partners LP (NYSE: NBLX) (ÔÇ£Noble MidstreamÔÇØ or
the ÔÇ£PartnershipÔÇØ) today provided an operational and commercial update
for its operations in the DJ Basin and Delaware Basin. Recent highlights
include:

Major Projects

  • Completed and brought online the Collier central gathering facility
    (CGF), the fifth CGF, supporting Noble EnergyÔÇÖs Delaware Basin
    development in May; this brings total Delaware Basin oil and gas
    gathering capacity to 115 thousand barrels of oil equivalent per day,
    including 90 thousand barrels of oil per day (MBbl/d) and 150 million
    cubic feet of gas per day
  • Nearing completion of the spec oil, gas and produced water gathering
    system for Noble EnergyÔÇÖs Mustang development in the DJ Basin, with
    start-up anticipated in June

Black Diamond Gathering

  • Secured additional long-term dedications for Black Diamond Gathering
    (formerly Saddle Butte system), representing more than 200 wells
    across approximately 17,000 incremental acres. The additional
    dedications come from an existing third-party customer on the system
    as well as a new third-party customer and increase total acreage
    dedicated to the system by 12% to approximately 158,000 acres.
    Activity on the acreage is expected to commence in late 2018
  • Given confidence in existing customer development plans as well as
    positive commercial developments, 2018 exit throughput for Black
    Diamond Gathering is now anticipated to be between 80 MBbl/d and 90
    MBbl/d compared to prior guidance of at least 75 MBbl/d

Delaware Basin Commercial Update

  • Received producer activity set and development plan for approximately
    13,000 acres dedicated to Noble Midstream in Reeves County for oil,
    gas, and produced water gathering services from a third-party.
    Services will be provided through the Blanco River development company
    and are expected to commence by the end of 2018

ÔÇ£Our major 2018 growth projects in the DJ and Delaware Basins are
currently online or nearing completion, providing significant momentum
and capital efficiency heading into the second half of this year, and
reinforcing the strength of our organic program,ÔÇØ stated Terry R.
Gerhart, Chief Executive Officer of Noble Midstream. ÔÇ£In addition, our
business development philosophy and the strategic positioning of the
Advantage Pipeline System and Black Diamond Gathering are materializing,
and notably faster than planned. I am pleased to announce significant
new long-term agreements for Black Diamond Gathering which will drive
future value creation as well as expected multiple compression.ÔÇØ

2018 MLP & Energy Infrastructure Investor Conference

Terry Gerhart, CEO, will present at the 2018 MLP & Energy Infrastructure
Investor Conference on Wednesday, May 23, 2018 at 10:25 a.m. Eastern
Time. The presentation materials, along with a link to the webcast, are
available on the ÔÇÿInvestorsÔÇÖ page of the PartnershipÔÇÖs 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 ÔÇ£forward-looking statementsÔÇØ
within the meaning of federal securities law. Words such as
ÔÇ£anticipatesÔÇØ, ÔÇ£believesÔÇØ, ÔÇ£expectsÔÇØ, ÔÇ£intendsÔÇØ, ÔÇ£willÔÇØ, ÔÇ£shouldÔÇØ,
ÔÇ£mayÔÇØ, ÔÇ£estimatesÔÇØ, and similar expressions may be used to identify
forward-looking statements. Forward-looking statements are not
statements of historical fact and reflect the PartnershipÔÇÖs 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, our customersÔÇÖ ability to meet
their drilling and development plans, changes in general economic
conditions, competitive conditions in the PartnershipÔÇÖs industry,
actions taken by third-party operators, gatherers, processors and
transporters, the demand for crude oil and natural gas gathering and
processing services, the PartnershipÔÇÖs ability to successfully implement
its business plan, the PartnershipÔÇÖs 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 PartnershipÔÇÖs business, including
those described under ÔÇ£Risk FactorsÔÇØ and ÔÇ£Forward-Looking StatementsÔÇØ in
the PartnershipÔÇÖs most recent Annual Report on Form 10-K and in
other reports we file with the Securities and Exchange Commission. These
reports are also available from the PartnershipÔÇÖs 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, managementÔÇÖs estimates, or opinions change.

Contacts

Noble Midstream Partners LP
Megan Repine
(832) 639-7380
[email protected]