Matador Resources Company Announces Completion and Start-Up of Expansion of San Mateo’s Black River Processing Plant in Eddy County, New Mexico
Matador Resources Company (NYSE: MTDR) (Matador or the Company) and its midstream affiliate, San Mateo Midstream (San Mateo), today announced the completion and successful start-up of the expansion of San Mateos Black River cryogenic natural gas processing plant (the Black River Processing Plant) in Eddy County, New Mexico.
- Matador Resources Company (NYSE: MTDR) (Matador or the Company) and its midstream affiliate, San Mateo Midstream (San Mateo), today announced the completion and successful start-up of the expansion of San Mateos Black River cryogenic natural gas processing plant (the Black River Processing Plant) in Eddy County, New Mexico.
- The Black River Processing Plant currently processes natural gas from the Companys Rustler Breaks asset area and also provides natural gas processing services for a number of other San Mateo customers in the area.
- Matador recently initiated flowback operations on its five Leatherneck wells in the Greater Stebbins Area, all two-mile laterals, as anticipated.
- San Mateo serves as one of the primary midstream solutions for multiple customers across the northern Delaware Basin, including its anchor customer, Matador Resources Company.