AMENDED AND RESTATED PRODUCED WATER SERVICES AGREEMENT AGREEMENT ADDENDUM 05 GREELEY CRESCENT
Exhibit 10.16
AMENDED AND RESTATED
PRODUCED WATER SERVICES AGREEMENT
AGREEMENT XXXXXXXX 00
XXXXXXX XXXXXXXX
This AGREEMENT ADDENDUM 05 (this “Agreement Addendum”) shall be effective as between the Persons named below as “Producer”, “OpCo” and “Midstream Co” as of the date specified below as the “Effective Date”. Reference is made to the Agreement Terms and Conditions Relating to Produced Water Services (the “Agreement Terms and Conditions”) last updated October 9, 2015. This Agreement Addendum 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 all terms shall have the meanings assigned to such terms in the Agreement Terms and Conditions.
OpCo owns, directly or indirectly, all of the Controlling interest in Midstream Co.
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.
In order for Producer to obtain a consistent level of service with respect to the gathering of and other Services related to Produced Water that are required by Producer within the Service Area, Producer and OpCo hereby enter into this Agreement so that OpCo can evidence its acceptance of the obligations pertaining to OpCo as set forth in the Agreement Terms and Conditions and in this Agreement Addendum, if any.
NOW, THEREFORE, in consideration of the mutual agreements in this Agreement, Midstream Co, OpCo and Producer hereby agree as follows:
| Producer | Noble Energy, Inc., a Delaware corporation | |
| Midstream Co | Laramie River DevCo LP, a Delaware limited partnership, together with its permitted successors and assigns | |
| OpCo | Noble Midstream Services, LLC, a Delaware limited liability company | |
| Parties | The term “Party” or “Parties” shall refer to OpCo, Producer and the Midstream Co identified in this Agreement Addendum | |
| Effective Date | October 1, 2015 | |
Agreement Addendum 05 – Page 1
Amended and Restated Produced Water Services Agreement
| Notice Address – General Matters & Correspondence | Midstream Co and OpCo c/o Noble Energy, Inc. 0000 Xxxxxxxx, Xxx 0000 Xxxxxx, XX 00000 Attention: Finance Manager Xxxxxxx Xxxxxxx Telephone: (000) 000-0000 Email: Xxxxxxx.Xxxxxxx@xxxxxxxxx.xxx | |
| Notice Address – Operational Matters | Midstream Co and OpCo c/o Noble Energy, Inc. 0000 Xxxxxxxx, Xxx 0000 Xxxxxx, XX 00000 Attention: USO Water Manager Xxx Xxxx | |
| Notice Address – Invoicing Matters | Midstream Co and OpCo c/o Noble Energy, Inc. 0000 Xxxxx Xxxxxx Xxx Xxxxxxx, XX 00000 Attention: Director of Revenue Accounting Xxxx Xxxxxxx Telephone: (000) 000-0000 Email: Xxxx.Xxxxxxx@xxxxxxxxx.xxx | |
| Payments by Electronic Funds Transfer | ABA/Routing Number: 000000000 Account Number: 657597188 Account Name: Full legal name of Midstream Co Financial Institution: XX Xxxxxx Bank Swift: XXXXXX00 | |
Agreement Addendum 05 – Page 2
Amended and Restated Produced Water Services Agreement
| Dedication Area | The Greeley Crescent integrated development plan area, as such area was defined by Producer on the Effective Date, and which consists of the following areas within Weld County, Colorado |
| Township |
Range |
Section(s) |
||||
| T7N | R67W | ALL | ||||
| T7N | R66W | ALL | ||||
| T7N | R65W | ALL | ||||
| T6N | R65W | ALL | ||||
| T6N | R66W | ALL | ||||
| T6N | R67W | 0-00, 00, 00, 00, 00, 00, 00 | ||||
| X0X | X00X | 1, 2, 11, 12, 13, 14, 23, 24, 25, 26, 35, 36 | ||||
| T5N | R66W | ALL | ||||
| T5N | X00X | 0-00, 00-00, 00 | ||||
| X0X | X00X | 1,2, 11, 12, 13, 14, 22-24, 26, 27, 34, 35 | ||||
| T4N | R66W | 4-7 |
| Individual First Phase Rate | To be determined by the Parties prior to Services being provided by Midstream Co to Producer in the Dedication Area | |||
| Individual Second Phase Rate | Individual Second Phase Rate applied to each Barrel for which Producer elects to receive disposal services | Individual Second Phase Rate applied to each Barrel for which Producer elects to receive recycling services | ||
| To be determined by the Parties prior to Services being provided by Midstream Co to Producer in the Dedication Area | To be determined by the Parties prior to Services being provided by Midstream Co to Producer in the Dedication Area | |||
| Deviations from Service Conditions (the specifications in this section supersede the applicable language from Exhibit A attached to the Agreement Terms and Conditions) |
| NONE |
| Additional Revisions |
| NONE |
(End of Agreement Addendum 05)
Agreement Addendum 05 – Page 3
Amended and Restated Produced Water Services 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/ Xxxx X. Xxxxxxxxxx | |
| Xxxx X. Xxxxxxxxxx | ||
| Executive Vice President | ||
Agreement Addendum 05 – Signature Page 1
Amended and Restated Produced Water Services Agreement
| “OpCo” | ||
| NOBLE MIDSTREAM SERVICES, LLC | ||
| By: | /s/ Xxxxx X. Xxxxxxx | |
| Xxxxx X. Xxxxxxx | ||
| Chief Executive Officer | ||
| “Midstream Co” | ||||||
| LARAMIE RIVER DEVCO LP | ||||||
| By: | Laramie River DevCo GP LLC | |||||
| By: | Noble Midstream Services, LLC | |||||
| By: | /s/ Xxxxx X. Xxxxxxx | |||||
| Xxxxx X. Xxxxxxx | ||||||
| Chief Executive Officer | ||||||
Agreement Addendum 05 – Signature Page 2
Amended and Restated Produced Water Services Agreement
