STORY-TRÅD·industri

Matador outlines drilling plans with Paloma acquisition now closed

Through the Paloma acquisition and the expected acreage additions from the recently announced Ridge Runner Resources deal, Matador Resources will have about 240,000 net acres in the core of the Delaware basin in fourth-quarter 2026. Together with the May Federal lease sale, the deals increase the operator's net acreage position by almost 20% above its October 2025 position, the CEO said.