Permian Resources to acquire Reeves County assets from Occidental Petroleum for $817.5m

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Permian Resources to acquire Reeves County assets from Occidental Petroleum for $817.5m

Permian Resources Corporation has announced a landmark deal to acquire approximately 29,500 net acres, including 9,900 net royalty acres, in Reeves County, Texas, and Eddy County, New Mexico. The purchase, valued at $817.5 million, will significantly expand the company’s footprint in the Delaware Basin. The transaction, set to close by the end of Q3 2024, […]

West of the Pecos solar project : RWE Renewables commissions 100MW solar plant in Texas

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West of the Pecos solar project : RWE Renewables commissions 100MW solar plant in Texas

RWE Renewables has started commercial operations on its 100MW West of the Pecos solar project in Reeves County, Texas, almost a year after its former owner E.ON began construction. Located nearly 75 miles southwest of Midland-Odessa, the Texan solar power project uses approximately 350,000 solar modules on a surface equivalent to 550 football pitches. The […]