Noble Energy, Apache Corporation and Diamondback Energy increased their stake in EPIC Crude Pipeline Project.

Noble Energy, Apache Corporation and Diamondback Energy increased their stake in EPIC Crude Pipeline Project, which was formed in 2017 to build, own and operate midstream infrastructure in both the Permian and Eagle Ford Basins. Financial terms were not disclosed. "The strategic value of these projects to our shippers is clear through the exercising of the options by our partners. Both projects remain on schedule and are critical to the continued development of the Permian Basin and Eagle Ford Shale," Phillip Mezey, EPIC CEO.