Matador Resources Company is an independent energy company engaged in the exploration, development, production, and acquisition of oil and natural gas resources in the United States.
Matador Resources Company, an independent energy firm based in Dallas, Texas, specializes in the exploration, development, production, and acquisition of oil and natural gas resources across the United States. The company operates primarily through two main segments: Exploration and Production, and Midstream. Matador's key assets include significant holdings in the prolific Wolfcamp and Bone Spring plays located in the Delaware Basin spanning Southeast New Mexico and West Texas. Additionally, Matador has active operations in the Eagle Ford shale play in South Texas, as well as in the Haynesville shale and Cotton Valley plays in Northwest Louisiana.
Complementing its exploration and production activities, Matador Resources engages in midstream operations that support its energy activities. This includes providing essential services such as natural gas processing, oil transportation, and comprehensive oil and natural gas gathering services. The company also offers produced water gathering and disposal services to third-party operators, further enhancing its integrated service offerings within the energy sector.
Founded in 2003 as Matador Holdco, Inc., the company rebranded to Matador Resources Company in 2011. With a focus on leveraging technological advancements and operational efficiencies, Matador continues to expand its portfolio and enhance its asset base. As of December 31, 2021, Matador reported substantial estimated total proved reserves amounting to 323.4 million barrels of oil equivalent, affirming its robust position in the competitive energy landscape.