(281) 558-7686 [email protected]
Joint venture to add crude oil, natural gas & saltwater pipelines in Permian Basin

Photo: San Mateo Midstream I LLC

A new joint venture between two pipeline companies will allow their customers to move more crude oil, natural gas and produced water on the New Mexico side of the Permian Basin.

Five Point Energy of Houston and Matador Resources of Houston announced the formation of San Mateo Midstream II LLC on Monday. The joint venture will provide services ranging from natural gas gathering and processing to crude oil gathering, produced water gathering and saltwater disposal in southeastern New Mexico. Read more…