Matador Resources' San Mateo Midstream JV Signs Two Long-Term Gas Agreements in Delaware Basin
Matador Resources (MTDR) announced that its San Mateo Midstream joint venture has entered into two long-term agreements with a major unnamed producer operating in the Delaware Basin. These deals are designed to expand the joint venture's natural gas gathering and processing capabilities within New Mexico. The expansion strengthens Matador's midstream footprint, providing increased infrastructure capacity for natural gas transport and processing. This strategic move aims to capture more value from its production activities by securing long-term service agreements in a key growing basin.
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