Drilling & Completions | Well Lateral Length | Drilling Program - Wells | Drilling Activity

Matador Spins Bit at New 'Rodney Robinson' Wells in the Delaware Basin

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   |    Monday,September 23,2019

Matador Resources Co. has been approved for six drilling permits in its western Antelope Ridge asset area from the Bureau of Land Management (BLM).

Matador has initiated drilling operations on these wells, which Matador will refer to as the "Rodney Robinson" wells. Matador anticipates drilling these first six wells, all two-mile laterals, from two separate three-well pads.

These wells are currently scheduled to be completed and turned to sales late in the first quarter of 2020.

Joseph Wm. Foran, Matador's Chairman and CEO, commented, "Matador especially appreciates and acknowledges the diligence and professionalism of the team at the BLM that saw this process through to completion. We are very excited to be in a position to begin operations on the Rodney Robinson wells, and we look forward to developing this acreage over the next several years in cooperation with the various regulatory bodies in New Mexico."

Next Project Slated for Early 2020

Pending approval and receipt of additional drilling permits from the BLM, Matador also believes it is on track to begin operations in early 2020 on its Stateline asset area, including 2,800 gross and net acres acquired as part of the BLM Acquisition, in which case Matador intends to move two of its operated drilling rigs to the Stateline asset area to initiate a multi-year drilling program there.

Matador currently plans to develop this acreage block drilling two-mile laterals on the eastern side of the leasehold and approximately 2.5-mile laterals on the western side of the leasehold. Matador initially expects to drill four wells on each of the eastern and western tracts from two separate four-well pads. These eight wells are expected to be completed and turned to sales during the third quarter of 2020 in conjunction with the expected completion of the expansion of a cryogenic natural gas processing plant in Eddy County, New Mexico by San Mateo Midstream, the Company's 51%-owned midstream joint venture.