Comstock Resources and NextEra Energy have formed a joint venture to construct a 5.2‑gigawatt natural‑gas‑fired power generation hub in Anderson County, Texas. The venture is owned jointly by Japan and the United States under the U.S.–Japan trade agreement, with NextEra responsible for construction and operation while Comstock supplies the gas from its Western Haynesville wells.
The hub will deliver 1 billion cubic feet of natural gas per day by 2031 and is expected to cost roughly $16 billion. It will use Comstock’s existing transmission infrastructure at Bethel, Texas, and will tap the high‑pressure, high‑pay‑thickness reservoirs of the Western Haynesville play, which the company has identified as having higher potential than its legacy operations.
The project is a key component of the $550 billion U.S.–Japan trade deal, underscoring the strategic importance of U.S. energy security and the growing demand for reliable power to support data centers and advanced manufacturing in Texas’s ERCOT market.
Comstock COO Daniel S. Harrison said the company’s “big footprint” in the Western Haynesville and the partnership with NextEra’s large natural‑gas fleet will bring experience in power‑generation development to an area that will need data centers. CEO Jay Allison added that the Western Haynesville’s higher pay thickness and pressures “will yield significantly more resource potential per section than our legacy Haynesville.”
The hub represents a major expansion of Comstock’s midstream assets and a long‑term, high‑volume gas supply contract that aligns with the company’s strategy to use low‑cost legacy operations to fund development of the higher‑potential Western Haynesville play. The project also positions Comstock to capture a growing share of the data‑center and advanced‑manufacturing power market, potentially improving revenue mix and providing a stable, predictable cash flow.
The agreement is subject to negotiation and execution of definitive documents and to NextEra’s completion of development, construction, and commissioning. Successful execution will enable Comstock to leverage its upstream production, midstream infrastructure, and new power‑generation capacity to drive future growth.
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