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Released July 21, 2025 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PRODUCTION
U.S. Drillers Add Rigs for First Time in 12 Weeks - U.S. energy firms last week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes Company (Houston, Texas) said. The oil and gas rig count rose by seven, its biggest weekly increase since December, to 544 in the week ending July 18. Baker Hughes said oil rigs fell by two to 422 last week, their lowest since September 2021, while gas rigs rose by nine, the biggest weekly increase since July 2023, to 117, their most since March 2024. (Reuters)
POWER
Primergy Starts Up Solar Plant in Texas - U.S. renewables developer-operator Primergy Solar LLC said on Thursday it has commissioned the 408-megawatt (MW) Ash Creek solar plant in Hill County, Texas, one of the largest solar facilities currently operating in the state. The solar farm is now feeding electricity into the grid under a long-term power purchase agreement with Microsoft Corporation (Redmond, Washington), Primergy said in a statement. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Renewables Now)
Talen to Acquire Power Stations in Pennsylvania, Ohio - Talen Energy is acquiring two power plants located in Pennsylvania and Ohio for a net $3.5 billion, it said on Thursday. The two combined-cycle gas-fired plants are located in the PJM power market. Talen will pay $1.46 billion in cash for Caithness Energy's Moxie Freedom Energy Center in Pennsylvania, a 1,105-MW plant. For the 1,875-MW Guernsey power station in Ohio, owned by Caithness and BlackRock Incorporated (New York, New York), Talen will pay $2.33 billion in cash, according to a regulatory filing. Subscribers can learn more by viewing the related plant profile. (Reuters)
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About IIR Energy
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).
PRODUCTION
U.S. Drillers Add Rigs for First Time in 12 Weeks - U.S. energy firms last week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes Company (Houston, Texas) said. The oil and gas rig count rose by seven, its biggest weekly increase since December, to 544 in the week ending July 18. Baker Hughes said oil rigs fell by two to 422 last week, their lowest since September 2021, while gas rigs rose by nine, the biggest weekly increase since July 2023, to 117, their most since March 2024. (Reuters)
POWER
Primergy Starts Up Solar Plant in Texas - U.S. renewables developer-operator Primergy Solar LLC said on Thursday it has commissioned the 408-megawatt (MW) Ash Creek solar plant in Hill County, Texas, one of the largest solar facilities currently operating in the state. The solar farm is now feeding electricity into the grid under a long-term power purchase agreement with Microsoft Corporation (Redmond, Washington), Primergy said in a statement. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Renewables Now)
Talen to Acquire Power Stations in Pennsylvania, Ohio - Talen Energy is acquiring two power plants located in Pennsylvania and Ohio for a net $3.5 billion, it said on Thursday. The two combined-cycle gas-fired plants are located in the PJM power market. Talen will pay $1.46 billion in cash for Caithness Energy's Moxie Freedom Energy Center in Pennsylvania, a 1,105-MW plant. For the 1,875-MW Guernsey power station in Ohio, owned by Caithness and BlackRock Incorporated (New York, New York), Talen will pay $2.33 billion in cash, according to a regulatory filing. Subscribers can learn more by viewing the related plant profile. (Reuters)
About IIR Energy
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).
