Matador Resources executes natural gas supply and NGL marketing agreements with Energy Transfer LP affiliates
Type: Supply Agreement · Technology: Gas · Country: United States · Announced: 2026-06-12
Matador Resources signed a natural gas supply agreement and separate NGL marketing agreements with Energy Transfer LP affiliates to cover production from the Delaware Basin in the Permian region. The deals aim to improve Matador's all-in pricing netbacks and reduce its exposure to the volatile Waha Hub pricing starting in the second half of 2026. Under the natural gas supply agreement, Matador will sell a portion of its Permian Basin production to Energy Transfer, while the NGL agreements dedicate and sell NGLs gathered from multiple Delaware Basin sources to Energy Transfer affiliates. The agreements are designed to bridge Matador's pricing gap until its firm transportation capacity on Energy Transfer's Hugh Brinson Pipeline becomes effective later in 2026.
Counterparties
- Energy Transfer (Buyer)
- Matador Resources (Seller)