On time. On budget. That’s what joint venture San Mateo Midstream has announced with the startup of its newly expanded Black River gas processing plant in Eddy Co., N.M., offering greater capacity to area producers but especially to parent company Dallas-based Matador Resources. The project increases cryogenic capacity to 460 MMCF per day from an initial 260 MMCF. Customers can access firm transportation via San Mateo’s growing gathering pipeline system, which currently is under construction to add 24 miles of pipe between Black River and the N.M./Texas state line and 19 miles of gathering line northward from the plant. Both will support Matador’s ongoing development in the Delaware Basin. San Mateo also is wrapping up construction on 19 miles of oil gathering pipelines from certain points of origin in Eddy Co., to its existing interconnect with Plains Pipeline. The company expects to initiate commercial service on all lines at various times this month.
San Mateo Midstream
San Mateo Midstream, LLC is a joint venture formed by Matador Resources Company and Five Point Capital Partners to operate and grow midstream assets in the Delaware Basin. San Mateo currently provides natural gas gathering and processing services, salt water gathering and disposal services and crude oil gathering services in Eddy County, New Mexico and Loving County, Texas.