THIRD AMENDED AND RESTATED CRUDE OIL TREATING AGREEMENT THIRD AMENDED AND RESTATED AGREEMENT ADDENDUM 01 PLATTEVILLE FACILITY CONTRACT NUMBER: CRALL1-OT

EX-10.10.1 8 d164220dex10101.htm EX-10.10.1 EX-10.10.1

Exhibit 10.10.1

TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO BRACKETED ASTERISKS [**].

THIRD AMENDED AND RESTATED

CRUDE OIL TREATING AGREEMENT

THIRD AMENDED AND RESTATED

AGREEMENT ADDENDUM 01

PLATTEVILLE FACILITY

CONTRACT NUMBER: CRALL1-OT

This THIRD AMENDED AND RESTATED AGREEMENT ADDENDUM 01 (this “Agreement Addendum”) (a) shall be effective as between the Persons named below as “Producer” and “Midstream Co” as of the date specified below as the “Effective Date,” (b) incorporates the Third Amended and Restated Agreement Terms and Conditions Relating to Crude Oil Treating Services (the “Agreement Terms and Conditions”), which were last amended effective as of March 31, 2016, and (c) together with the Agreement Terms and Conditions, shall constitute one contract and shall be the Agreement of the Parties. Except as otherwise set forth herein (i) all terms shall have the meanings assigned to such terms in the Agreement Terms and Conditions and (ii) all references to Exhibits, Appendices, Articles, Sections, subsections and other subdivisions refer to the corresponding Exhibits, Appendices, Articles, Sections, subsections and other subdivisions of or to the Agreement Terms and Conditions.

Producer desires to contract with Midstream Co for Midstream Co to provide the Services utilizing the Individual System, and Midstream Co desires to provide the Services to Producer, on the terms and subject to the conditions of this Agreement.

NOW, THEREFORE, in consideration of the mutual agreements in this Agreement, Midstream Co and Producer hereby agree as follows:

 

Producer

   Noble Energy, Inc., a Delaware corporation

Midstream Co

   Colorado River DevCo LP, a Delaware limited partnership

Individual System

   This Agreement Addendum pertains only to Services provided by Midstream Co at the oil treating facility known by Midstream Co as the Platteville Facility.

Parties

   The term “Party” or “Parties” shall refer to Producer and the Midstream Co identified in this Agreement Addendum

Effective Date

   March 31, 2016

Dedication Area

   Weld County, Colorado and surrounding counties, less and except those leases were released pursuant to a Release of Dedication.

 

Agreement Addendum 01 –Page 1

Third Amended and Restated Crude Oil Treating Agreement


TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO BRACKETED ASTERISKS [**].

 

Individual Horizontal Fee    $[**]/Relevant Well
Individual Vertical Fee    $[**]/Relevant Well

 

Additional Revisions

 

Section 6.1    At all times that Midstream Co is party to both Agreement Addendum 01 and Agreement Addendum 02, Producer shall be charged a total (in the aggregate across both Agreements) of $[**]/ Relevant Well that is horizontal and $[**]/ Relevant Well that is vertical. If Midstream Co is not a party to both Agreement Addendum 01 and Agreement Addendum 02, Midstream Co and Producer shall negotiate an equitable price adjustment for the provision of Services.

 

Notices and Payments

Notice Address –

General Matters &

Correspondence

   Midstream Co and Producer shall deliver appropriate contact information to the other Party in writing.

 

Notice Address –

Operational Matters

  

 

Notice Address – Force

Majeure and Marketing

interruptions

  

 

Notice Address –

Invoicing Matters

  

 

Marketing Notice –

Midstream Co

  

 

Payments by Electronic

Funds Transfer

  

 

Midstream Co and Producer shall deliver appropriate contact information to the other Party in writing

(End of Agreement Addendum 01)

 

Agreement Addendum 01 –Page 2

Third Amended and Restated Crude Oil Treating Agreement


IN WITNESS WHEREOF, the Parties hereto have executed this Agreement in duplicate originals to be effective as of the Effective Date.

“Producer”

 

NOBLE ENERGY, INC.

By:  

/s/ Gary W. Willingham

  Gary W. Willingham
  Executive Vice President

 

STATE OF TEXAS

   )
   )   ss.

COUNTY OF HARRIS            

   )

The foregoing instrument was acknowledged before me this 29th day of August 2016, by Gary W. Willingham as Executive Vice President of Noble Energy, Inc., a Delaware corporation.

WITNESS my hand and official seal.

My commission expires: 05/05/2018

 

/s/ Joanne Garner

Notary Public

 

Agreement Addendum 01 – Signature Page 1

Third Amended and Restated Crude Oil Treating Agreement


“Midstream Co”

COLORADO RIVER DEVCO LP

        By:   Colorado River DevCo GP LLC
                    By:   Noble Midstream Services, LLC
By:   /s/ Terry R. Gerhart  
  Terry R. Gerhart  
  Chief Executive Officer

 

STATE OF TEXAS    )
   )   ss.
COUNTY OF HARRIS                )

The foregoing instrument was acknowledged before me this 25th day of August 2016, by Terry R. Gerhart as Chief Executive Officer of Colorado River DevCo LP, a Delaware limited partnership.

WITNESS my hand and official seal.

My commission expires: 05/05/2018

 

/s/ Joanne Garner

Notary Public

 

Agreement Addendum 01 – Signature Page 2

Third Amended and Restated Crude Oil Treating Agreement