Renewable Energy
About the Permian Strategic Partnership OUR MISSION To strengthen and improve quality of life for Permian Basin residents by partnering with federal, state, and local leaders to develop and implement strategic plans that foster superior schools, quality healthcare, a trained workforce, safer roads, and affordable housing. The companies involved with the Permian Strategic Partnership bring people, expertise, resources, and leadership to develop solutions in partnership with local leaders and communities.
WIND ENERGY PRODUCTION BY COUNTY
Data only includes areas in the states’ main electricity markets. Counties in light grey are outside of the markets. 25
VOLUME IV
WIND POWER CAPACITY 0 MW
OUR MEMBERS
2,072 MW
Apache Corporation BPX Energy
TEXAS LEADS THE NATION IN HIGHEST ONSHORE WIND PLANT CAPACITY. 27
Much of Texas’ wind and solar energy generation is located in the Permian Basin
SOLAR ENERGY PRODUCTION BY COUNTY
Solar farms have been built across the states’ main electricity grid. Data only includes areas in the states’ main electricity markets. Counties in light grey are outside of the markets. 26 SOLAR POWER CAPACITY
Diamondback Energy
ChampionX
Endeavor Energy Resources
Chevron
Energy Transfer
Civitas
EOG Resources
ConocoPhillips
ExxonMobil
Coterra Energy
Halliburton
Devon Energy
Helmerich & Payne
1,482 MW
NEW MEXICO LEADS THE NATION IN PERCENTAGE CHANGE OF SOLAR
Kinetik
ProPetro
Liberty Energy
SLB
Mewbourne Oil Company
Targa Resources
Occidental Ovintiv Permian Resources Phillips 66 Plains All American
1. Baker Hughes North American Rig Count Report 5/3/24. Total US rigs: 605. Permian Rigs: 316. 316 is 52% of 605
University of Texas System WaterBridge Western Midstream
3, 8-10, 12-14, 18-24. The Perryman Group, Fueling the Future, April 2024
15-16. Texas State Comptroller 17. New Mexico Taxation and Revenue Department and The Perryman Group 25-26. Rystad Energy, ERCOT and Texas Tribune
11. https://docs.txoga.org/files/4164-eeir-2023-one-pager. pdf
CAPACITY ESTIMATED TO BE ADDED IN 2024 WITH AN INCREASE OF 115%, TEXAS IS SECOND AT 76%. 28
Note: ERCOT defines one megawatt (MW) as enough to power about 200 Texas homes during high demand. Data is limited to ERCOT operating areas only and includes additional capacity that will be connected to the grid in 2023.
Texas Tech University System
FOOTNOTES
2, 4-7, 27-28. Rystad Energy 0 MW
Power of the Permian Economic Report
www.permianpartnership.org
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JUNE 2024