San Mateo Midstream is a strategic joint venture formed in February 2017 by a subsidiary of Matador Resources Company (NYSE: MTDR) and a subsidiary of Five Point Energy LLC. San Mateo provides an all-inclusive approach to midstream services for the three main product streams produced by oil and natural gas activities, including produced water gathering and disposal services; natural gas gathering, compression and processing services; and oil gathering and transportation services. San Mateo owns and operates oil, natural gas and produced water gathering and transportation systems in Eddy County, New Mexico and Loving County, Texas, the Black River Processing Plant in Eddy County, New Mexico with a designed inlet capacity of 460 million cubic feet of natural gas per day and thirteen commercial salt water disposal wells in Eddy County, New Mexico and Loving County, Texas, with a combined designed disposal capacity of 335,000 barrels per day. San Mateo serves as the primary midstream solution for its anchor customer, Matador Resources Company, and provides midstream services to other E&P operators in the Delaware Basin.
For more information about Matador Resources Company, please visit www.matadorresources.com.
For more information about Five Point Energy LLC, please visit www.fivepointenergy.com.