San Mateo Midstream, LLC Announces Strategic Relationship With Plains All American Pipeline In Eddy County, NM
January 22, 2018
DALLAS, Texas, January 22, 2018 – San Mateo Midstream, LLC (“San Mateo” or the “Company”) today announced a strategic relationship with a subsidiary of Plains All American Pipeline, L.P. (NYSE: PAA) (“Plains”) to gather and transport crude oil for upstream producers in Eddy County, New Mexico. Subsidiaries of San Mateo and Plains have agreed to work together through a Joint Tariff arrangement and related transactions to offer producers located within a joint development area of approximately 400,000 acres in Eddy County, New Mexico (the “Joint Development Area”) crude oil transportation services from the wellhead to Midland, Texas with access to other end markets.