Matador announced Monday that one natural gas deal is new and the other extends an existing contract. Two wholly owned San Mateo subsidiaries entered the agreements with a large producer in the Northern Delaware Basin; the company did not name it.
Matador announced the agreements Monday, Nov. 2. The producer was described as large but was not named.
San Mateo expects the arrangements to increase natural gas volumes over the long term and raise use of its gathering and processing system, according to Matador’s release.
