What are the key assets Matador Resources is acquiring from Paloma Permian, and how do they strengthen its position in the Delaware Basin?

Matador Resources is acquiring 16,235 net undeveloped acres in Eddy and Lea counties, New Mexico; producing properties averaging 11,100 barrels of oil equivalent (BOE) per day (57% oil); 55 million BOE of proved reserves; and more than 156 net drilling locations, primarily in the Bone Spring and Wolfcamp formations — all of which significantly bolster its Delaware Basin presence, increasing its total net acreage there to roughly 240,000 acres.

How does the Paloma Permian acquisition align with broader strategic trends among U.S. shale producers?

The acquisition aligns with the broader industry trend where U.S. shale producers prioritize acquisitions that add premium drilling inventory over rapid production growth, enabling capital discipline, sustained output, and consistent shareholder returns.

Matador to buy Paloma Permian for $1.28 billion, bolsters Delaware Basin presence

Jul 23, 2026

Matador Resources agreed to acquire Paloma Permian for $1.28 billion, adding high-quality Delaware Basin drilling assets and reserves. The deal strengthens the company's upstream inventory alongside a separate Woodford play purchase.

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Matador to buy Paloma Permian for $1.28 billion, bolsters Delaware Basin presence

Matador to buy Paloma Permian for $1.28 billion, bolsters Delaware Basin presence

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