Competitive Power Ventures (CPV) broke ground Nov. 20 on the construction of the CPV Basin Ranch Energy Center, a 1,350-megawatt combined-cycle natural gas power plant in the Permian Basin. Company leaders, project partners, and community members gathered to celebrate the milestone. Sherman Knight, CEO of CPV, said, “These are the days that excite our team, […]

Tenaris announced Nov. 6 the construction of a new 2.3-mile rail spur at its service center in Midland. The new section of railroad will directly connect the company’s yard with the Union Pacific Railway, allowing pipe to be safely unloaded by rail. Construction on the rail spur is planned to start in early 2026 with […]

Enverus Intelligence Research (EIR) released a new report Nov. 26 analyzing how distributed generation is reshaping power supply for hyperscale data centers amid infrastructure bottlenecks. Wait times for large-scale gas-generating equipment now exceed five years, while smaller units such as aeroderivative turbines and fuel cells can be deployed in months. Carson Kearl, senior analyst at […]

As part of its ongoing commitment to public engagement across the state, the Railroad Commission of Texas (RRC) partnered with the University of Texas at Austin’s Hildebrand Department of Petroleum and Geosystems Engineering (PGE) and the Choose Energy K-12 Outreach Program to host a field trip during the 2025 Annual Meeting of the Geological Society […]

Despite record-setting production in the U.S. oil and gas industry, increased volumes have not translated into more jobs for either the industry or the overall economy. In fact, the industry employs 20 percent fewer workers than it did a decade ago, according to an Oct. 29 report from the Institute for Energy Economics and Financial […]

Despite softening oil fundamentals, Fitch Ratings stated on Oct. 27 that it expects relative rating stability among North American investment-grade (IG) and high-yield (HY) upstream exploration and production (E&P) issuers, based on Fitch’s two published Peer Credit Analyses reports for the oil and gas sector. These reports compare issuers on their business and financial characteristics. […]

Enverus Intelligence Research, an energy-dedicated SaaS company, released on Oct. 22 its 3Q2025 U.S. oil and gas M&A report, offering insights into an upstream market still waiting for its big hit. After a hot start to the year, upstream mergers and acquisitions slid into a slump in the third quarter, with deal value dropping to […]

The West Texas Water Research Center (WTWRC) at Sul Ross State University in Alpine, Texas, is forging ahead, with interim leadership in place, a seasoned research scientist joining the team, and a stakeholder-driven planning process underway, according to an Aug. 18 report from the WTWRC. Housed within the university’s Borderlands Research Institute (BRI) and launched […]