June 24, 2026
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Reeves County Banks 6,000 Jobs as the Behind-the-Meter Model Scales
Chevron and Microsoft signed a 20-year power purchase agreement for Project Kilby, a 2.67 GW natural gas and solar facility in Reeves County near Pecos, paired directly with a Microsoft data center campus.
June 23, 2026
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The Deliverable Megawatt Wins: Microsoft Locks 20 Years of Pecos Gas
Microsoft and Chevron turned a four-month exclusive negotiation into a binding 20-year power agreement for Project Kilby, a 2 GW AI campus paired with dedicated gas generation near Pecos.
May 15, 2026
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Behind-the-Meter Gas Is the New Default. Chevron Just Set the Texas Template.
Chevron's Energy Forge One subsidiary applied for a $227 million JETI tax break on a 2,500 MW gas plant near Pecos to serve a proposed Microsoft AI campus, bypassing ERCOT's 300+ GW interconnection queue entirely.
May 8, 2026
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IREN Stacks Power, GPUs, and Cloud Ops Before the Queue Fills
Core Scientific is layering 3 GW across Pecos, Texas and Muskogee, Oklahoma through a hybrid of acquired contracts (440 MW via Polaris/OG&E), new construction, and behind-the-meter generation.
April 29, 2026
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2,600 GW Stuck in Queue. The Winners Build Their Own Power.
Core Scientific is converting its Pecos campus into a 1.5 GW AI complex with roughly 1 GW for lease, financed by $3.3 billion in senior secured notes on top of a $1 billion Morgan Stanley facility.