Targa's $5B Delaware Basin buildout is live
Plus: 92-well NM program spuds, Ovintiv drops $460M on land
🔥 The Big One
Targa's $5B Delaware Basin Buildout Adds 3 Gas Plants, New Pipeline
Targa Resources is building three new gas processing plants, Wrangler, Ranger and Ranger II, in the Delaware Basin with combined capacity of 825 MMcf/d, plus a new 70-mile pipeline feeding the Waha hub through its Bull Run residue system. Startup is targeted for the first half of 2028, part of a $5 billion FY2026 capital plan bundled with new midstream deals involving ExxonMobil subsidiaries. That's a multi-year buildout for EPC, pipefitting and E&I crews across West Texas and southeast New Mexico. If you work the Delaware Basin, this is the backlog to plan your schedule around.
Read the full breakdown →✍️ Editor's Take
Permian activity isn't slowing, it's compounding. EON spudded the first of 92 horizontal wells in Eddy County, Ovintiv dropped $460M on 240 new locations, Enbridge bought a $600M Permian gathering system, and Targa's $5B buildout adds three gas plants plus 70 miles of pipeline. That's drilling, gathering, and processing crews all landing multi-year backlog at once. Meanwhile Gulf Coast megaprojects like SpaceX's spaceport, the Blue Point ammonia plant, and CP2 LNG are stacking a second wave of work behind it. The real bottleneck isn't demand, it's qualified NDE inspectors and process engineers to keep it all running safely.
FieldNews Staff
This Week in 60 Seconds
- EON Spuds First of 92 Horizontal Wells in New Mexico
A 92-well San Andres program just started in Eddy County, running into 2027 and beyond.
- Ovintiv Drops $460M on 240 New Drilling Locations
60-plus bolt-on land deals added 240 locations across the Midland basin and Alberta's Montney.
- Two Dead in WV Refinery H2S Release, CSB Finds Gaps
Workers lacked gas monitors and proper respirator filters during decommissioning work, CSB says.
- SpaceX's $100B Spaceport Could Mean 34,000 Jobs
No contractor named yet for Starbase Louisiana, but construction could start by 2027.
- Enbridge Buys $600M Permian Crude Gathering System
500 miles of Delaware Basin gathering infrastructure now feeds Enbridge's Ingleside export terminal.
📍 Where the Work Is
- Permian Basin (West Texas & SE New Mexico) 🔥 HOT: Drilling programs, land buys, and midstream buildouts are stacking up from Eddy County to the Midland basin.
- Louisiana Gulf Coast 🔥 HOT: A $3.7B ammonia plant broke ground and a $100B SpaceX spaceport got unveiled, while CP2 LNG cleared its last legal hurdle.
- Alberta / Western Canada 🔥 HOT: Enbridge, KKR and Apollo are funding a C$2.7B BC pipeline buildout while Ovintiv keeps buying into the Montney, even as new tariffs hit Sept. 8.
- Texas (statewide heavy civil): A $138B, 10-year transportation plan opens a long pipeline of paving and design-build work starting with the 2027 program cycle.
- Alaska: TAPS owners are seeking an early 30-year land rights renewal, betting on decades more pipeline maintenance and upgrade work.
🟢 Open Windows
Bids, packages, and decisions with a clock on them.
Sep 8, 2026
Canada retaliatory tariffs. 50% tariffs hit US steel, dairy, appliances and farm equipment; price your steel buys now.Fall 2026
Key Bridge Demolition Package. Maryland accepting bids on the $50M-$100M demolition and marine work package; bids due this fall.Sep 13, 2026
TAPS Land Rights Renewal. BLM's 15-day comment window on Alyeska's early 30-year TAPS renewal opened Aug 29.
👷 Crew Market: Fluor laid off 66 workers at Novelis' Bay Minette, Alabama plant as the $5B project shifts from construction to commissioning.
📈 The Number
34,000
SpaceX's proposed Starbase Louisiana spaceport could generate over 34,000 construction jobs on Gulf Coast marshland, though no contractor is named yet.
Engineering News-Record
On Your Radar
- Sep 9CAOEC Golf Tournament. Calgary, AB networking event for oilfield contractors
- Sep 13-16AREMA Annual Conference. Kansas City, MO; rail engineering and maintenance
- Dec 2-4HDD Rodeo Nationals. Perry, GA; PG&E crew qualified after Louisville win
- Jul 2031OSHA Warehouse NEP extended. Warehouse inspection authority renewed through 2031
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