Georgia Power, Black Hills Energy, U.S. Oil & Gas Discovery: Your Daily Energy News

News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

POWER
First Turbine Delivered for New Georgia Gas-Fired Plant - The first of three new Mitsubishi Power (Tokyo, Japan) natural gas turbines has arrived at Plant Yates in Coweta County, Georgia, Georgia Power (Atlanta, Georgia) announced recently in a news release. The nearly 350-ton turbine, built at Mitsubishi Power's Savannah plant, is Georgia Power's first new natural gas unit in a decade. When all three units are in service, they will provide 1,400 megawatts of power for customers. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Reuters)

PRODUCTION
New Oil & Gas Resources Discovered in Northern Colorado, Southern Wyoming - A recent assessment discovered millions of barrels of oil and billions of cubic feet of natural gas resources in northwest Colorado and southwest Wyoming. The United States Geological Survey (USGS) announced the discovery of new resources in the Phosphoria Total Petroleum System, which has produced oil and gas since the 1920s. Since then, approximately 500 million barrels of oil and 2.5 trillion cubic feet of natural gas have been recovered from the system. The discovery includes an estimated 3 million barrels of oil and 666 billion cubic feet of gas that are recoverable. Despite the survey's findings, the USGS believes that the system may be nearing depletion. (CBS News)

CORPORATE
Black Hills, NorthWestern Merge to Form $15.4 Billion Power & Gas Utility - Black Hills Energy (Rapid City, South Dakota) and NorthWestern Energy (Sioux Falls, South Dakota) said on Tuesday they would merge, creating a $15.4 billion regulated electric and natural gas utility better equipped to invest in grid infrastructure and meet rising U.S. power demand. The companies had planned to spend $7.4 billion through 2029 on new capital investments, but noted the merger would unlock additional growth opportunities. The combined company's footprint will span eight Midwestern and Rocky Mountains states and serve 2.1 million customers. (Reuters)

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Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.

About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).