ProPetro’s PROPWR unit signed long-term contracts with a Targa Resources subsidiary to commit about 230 MW of behind-the-meter power.
Total PROPWR capacity committed under contract rose to about 510 MW, reflecting recontracted oil and gas power capacity previously no longer committed.
Redeployment to Targa frees additional megawatts for potential data center deployments in 2027 and beyond.
Full deployment to support Targa’s Permian Basin natural gas processing infrastructure is expected in early 2028.