Matador

Dallas-based Matador Resources Co., which works in the Permian Basin, Haynesville and Eagle Ford shales, achieved record results during the third quarter, with natural gas production up 28% from a year ago and 6% higher sequentially.  The stronger output came in part following the takeover earlier this year of Permian producer Advance Energy Partners Holdings…

An affiliate of Matador Resources Co. has agreed to pay more than $6 million to resolve allegations by federal and state regulators that it failed to properly capture emissions and comply with other rules at its well sites within the Permian Basin in southeastern New Mexico. Matador Production Co. agreed under a consent decree to…

Matador Resources Co. has bolted on its largest deal yet in the Permian Basin in an agreement to acquire Advance Energy Partners Holdings LLC, with assets in New Mexico and West Texas.  The independent is providing an initial cash payment of  $1.6 billion, with an additional $7.5 million total paid monthly in 2023 if the…

Matador Resources Co. has agreed to purchase Summit Midstream Partners LP’s Lane natural gas gathering and processing (G&P) system in New Mexico’s Eddy and Lea counties for $75 million. In connection with the deal, Matador “will assume certain takeaway capacity on the Double E pipeline, a FERC-regulated natural gas pipeline operated by Summit,” the Dallas-based…

Matador Resources Co., whose upstream operations span the Eagle Ford and Haynesville shales, as well as the Permian Basin, reported record production in the first quarter with plans to top that by the end of June. “The first quarter of 2022 was another outstanding quarter both operationally and financially for Matador, highlighted by the successful…

Matador Resources Co. capped a banner year with robust production levels and revenue, citing a rebounding economy, steady demand, strong commodity prices and advancing technology – all tailwinds that propelled the independent into 2022. For all of 2021, Matador reported 31.5 million boe of production – up 19% from 2020 – a company high that…

Dallas-based independent Matador Resources Co., in sync with its midstream affiliate, pulled out all stops in the third quarter by reducing costs at a record rate while it boosted its oil and natural gas production. The portfolio stretches across oil- and natural gas-rich basins of Louisiana and Texas, but operations primarily are directed to the…

Dallas-based independent Matador Resources Co., whose operations span the Permian Basin, Eagle Ford and Haynesville shales, boosted oil and natural gas production in the second quarter using smaller but more efficient operations, management said Wednesday. Even with some output shut-in and with lower commodity prices, average net oil volumes climbed to a record quarterly high…

Dallas-based Matador Resources Co., whose focus is concentrated in the Permian Basin, reported stronger production in the third quarter, with natural gas climbing 22% sequentially in part on the ramp up of the 2 Bcf/d Gulf Coast Express system, which is moving supply to the Texas coast.