SAN RAMON, California and HOUSTON — Months after it closed a $5 billion acquisition of Weld County’s second-largest oil producer, Chevron Corp. (NYSE: CVX) has offered to buy full control of Noble Energy’s pipeline partner in the region.

In a disclosure to the U.S. Securities and Exchange Commission Friday, the California-based Chevron offered to purchase the remainder of Noble Midstream Partners LP (Nasdaq: NBLX) for $12.47 per share. That figure is higher than the $10.38 per share Chevron offered to acquire Noble last year, although that figure did not include premiums for Noble’s proven reserves.

Chevron already owns 62% of Noble Midstream’s shares. The deal would value Noble Midstream at $1.12 billion.

Noble was previously the second-largest producer of oil and gas in Weld County,

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