Matador's San Mateo Signs Long-Term Gas Services Agreement With Delaware Basin Producer

• Matador Resources' joint venture San Mateo secured new and extended long-term gas gathering and processing agreements with a Northern Delaware Basin producer.
• The new fixed-fee agreement covers dedicated acreage in Lea and Eddy Counties, New Mexico; the Black River extension requires no incremental capital spending.
• San Mateo plans a 300 million-cubic-foot-per-day processing expansion at its Marlan plant, targeting completion by year-end 2028.
• Supporting infrastructure includes approximately 20 miles of new gas pipeline, a nitrogen rejection unit and a carbon dioxide removal facility.
• Immediate utilization following completion could generate more than $100 million in adjusted EBITDA by the end of 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Matador Resources Company published the original content used to generate this news brief via Business Wire (Ref. ID: 202611020630BIZWIRE_USPR_____20261102_BW130113) on November 02, 2026, and is solely responsible for the information contained therein.