Overview
San Mateo Midstream is an energy infrastructure company focused on the ownership, operation and development of energy infrastructure assets to provide midstream services supporting the exploration, development and production operations of some of the most active producers within the Northern Delaware Basin. We operate exclusively within the Northern Delaware Basin, the most active oil and natural gas development region of the prolific Permian Basin, and offer an all-inclusive approach to our customers by providing infrastructure across the three main production streams: (i) natural gas (including natural gas gathering, compression, treating and processing services), (ii) water (including produced water gathering and handling solutions) and (iii) oil (including oil gathering and transportation services). We are the largest private natural gas processing company in the Northern Delaware Basin by capacity, with designed processing capacity exceeding one billion cubic feet per day. This allows us to serve as the primary energy infrastructure and midstream services solution for our anchor customer, Matador Resources Company (“Matador”), and provide such services to other E&P and midstream companies in the Northern Delaware Basin, which is the most active oil and natural gas development and production region of the prolific Permian Basin. We are a strategic joint venture owned 51% by Matador and 49% by Five Point Infrastructure LLC.