Site footage, FM 2051 frontage
Powered land · Dawson County, Texas
LamesaEnergy Campus
In the race to build AI, one thing decides who wins. Time to power.
±303 acres of expandable powered land in unincorporated Dawson County, with an owned gas gathering system already on the property and a fully islanded, behind-the-meter power plan.
| ±303 | Acres | Dawson CAD Parcel 9799 | |
|---|---|---|---|
| 250 MW | Today | 50 MMcf/d available at the tap | |
| 1,000 MW | Q2 2028 | 250+ MMcf/d full supply by end of Q2 2027 | |
| Unzoned | Outside any ETJ | No rezoning, SUP or variance | |
| Notes Gas phasing is subject to executed supply agreements with a creditworthy counterparty. Online MW is capped at TCEQ-authorized capacity; gas adds no deliverable MW ahead of air authorization. |  Exclusive advisor | ||
| Exclusive advisor | | ||
Imagery © Esri, Maxar, Earthstar Geographics · Parcel: Dawson County Appraisal District, not a survey · Pipelines: RRC of Texas public GIS
02 / The short answer
The shortanswer.
The questions that decide a powered-land site, answered from the offering materials. Each figure links to its proof below.
Sources
- SiteLamesa Energy Campus site, as of 6 Oct 2026
- Dawson CADParcel: Dawson County Appraisal District, not a survey
- DeckNewmark offering deck, 23 Sep 2026
- 0Grid dependency
The campus takes no grid service at any phase.
The campus takes no grid service at any phase. It nonetheless sits within one of West Texas’s densest 345 kV and wind corridors — optionality that most powered-land sites cannot offer a future operator.
- Grid dependency
- 0Fully islanded · BTM
- Oncor Lamesa Switch
- 345 kV~6–9 mi · planned lines
- Wind within 50 mi
- 1,741 MW11 operating projects
- Nearest 138 kV
- 2.0 miJim Payne · GSEC
Grid context only — design remains fully behind the meter.
- 50 MMcf/davailable today at the existing valve
Laguna Resources gathering line crosses the site with a valve already set; 250+ MMcf/d available across Laguna production and system; rights of way in place
- Gas online
- 50 MMcf/d available today at the existing valve · 150 MMcf/d by end of Q4 2026 · 250+ MMcf/d by end of Q2 2027 — subject to executed supply agreements
- Laguna leasehold
- ~50,000 acDawson County, operated
- Owned gathering
- ~60 miCompression, metering, ROW
- Laguna → ONEOK 22" tie-in
- 4.6 mi ECore BTU
The tap on the property is already set — gas is taken at the valve with no new laterals, no new ROW and no third-party midstream.
Site - 1,000 MWQ2 2028
50 MMcf/d available today at the existing valve · 150 MMcf/d by end of Q4 2026 · 250+ MMcf/d by end of Q2 2027 — subject to executed supply agreements
Online: 500 MW (first block) Q2 2027 · 1,000 MW (full build) Q2 2028
Gas phasing is subject to executed supply agreements with a creditworthy counterparty. Online MW is capped at TCEQ-authorized capacity; gas adds no deliverable MW ahead of air authorization.
Delivery timeline When Gas Fuel equivalent Air permit Online Today 50 MMcf/d ≈250 MW of fuel Block 1 filed — Q4 2026 150 MMcf/d ≈750 MW of fuel Pause lifts ~year-end — Q2 2027 250+ MMcf/d ≈1.25 GW of fuel Standard Permit 500 MW Q2 2028 250+ MMcf/d ≈1.25 GW of fuel Title V / NSR 1,000 MW - ±303Acres
FM 2051 & FM 829, unincorporated Dawson County, TX · 8 mi SW of Lamesa · 44 mi N of Midland · 66 mi S of Lubbock
SiteDawson CADSee proof: The land- Coordinates
- 32.6314, -102.0189
- Land size
- ±303 acres (expandable)
- Parcel
- Dawson CAD 9799, owner of record LAGUNA RESOURCES LLC (CAD), “SEC 42 BLK 36T5N … 303 ACS”; outline per CAD, not a survey.Dawson CAD
- Fiber
- US 87 / Ports-to-Plains corridor between Lubbock and Midland long-haul hubs; diverse north–south routing
- > 840,000 gal/dBrine system capacity on site
vs campus demand 15,000–20,000 gal/d (≈ 0.02 MGD) → roughly 40×. 2 on-site sources (fresh water wells + brine). 0 gal in normal operation (closed-loop dry coolers + immersion).
SiteSee proof: WaterExisting brine handling capacity on the landowner’s system is roughly 40× the campus’s full-build water demand. Fresh water from on-site wells is available in addition.
- Water
- Two on-site sources under landowner control: fresh water wells + brine; closed-loop cooling
- Brine system capacity on site
- > 840,000 gal/d(> 20,000 bbl/d)
- Campus demand at full build-out
- 15,000–20,000 gal/d(≈ 0.02 MGD)
- In normal operation
- 0 galClosed-loop dry coolers
- Disposition
- Injection to permitted saltwater disposal wells in the area. No discharge to a water body or municipal plant.
- UnzonedOutside any ETJ
Unzoned — outside Lamesa city limits and its ETJ; no rezoning, special use permit or variance required
Air permit: Block 1 filed
SiteDeckSee proof: DeliveryAir permit
- Today
- Block 1 filed
- Q4 2026
- Pause lifts ~year-end
- Q2 2027
- Standard Permit
- Q2 2028
- Title V / NSR
Air quality: attainment / unclassifiable for every criteria pollutant — no offsets, no nonattainment NSR.
Deck - 1,500 MWHarbert–Thunderhead partnership
Thunderhead Energy Solutions — OEM-agnostic Energy-as-a-Service IPP; can take over the contracted CAT fleet or bring its own equipment.
96 × CAT G3520K ≈232 MW contracted
An OEM-agnostic Energy-as-a-Service partner, backed by a 1,500 MW behind-the-meter funding partnership with Harbert Infrastructure, able to take over the contracted CAT fleet or bring its own equipment.
- Acquire the contracted fleet
- Take over the 96 × CAT G3520K package (≈232 MW) Core BTU holds deposits on.
- Bring its own equipment
- Source from Thunderhead’s OEM-agnostic pipeline — 400 MW available from Q1 2028, ramping to 1 GW by Q4 2028.
- Energy-as-a-Service
- Thunderhead finances, builds, owns and operates generation; the user buys power, not a power plant. OEM-agnostic: CAT, MTU, GE Vernova and Solar Turbines.
- Harbert–Thunderhead partnership
- 1,500 MWContracted BTM generation
- Operated power assets
- 5+ GWHarbert Management · $8B+ AUM
- Contracted CAT fleet
- ≈232 MW96 × G3520K
03 / Natural gas
Gas alreadyat the gate.
Dedicated on-site and adjacent production is delivered through the landowner partner’s own gathering system — the pipeline already crosses the property, the valve is set, conditioning is in service and the generation fleet is contracted.
~50,000 acres in Dawson County, operated and under development
Supply plan
Laguna-produced gas at the existing valve.
50 MMcf/d available immediately and up to 150 MMcf/d by end of Q4 2026. Compression is already installed upstream.
Balance assembled on Laguna’s existing system.
Laguna contracts additional producers and marketers to assemble the full 250+ MMcf/d through existing infrastructure by end of Q2 2027 with the right off-take client.
Fuel quality
- Heating value
- 1,140–1,182 BTU/cf
- Methane, delivered fuel
- >90% after conditioning
- Hydrogen sulfide
- 3.6–7.9 ppm · sweet
- Carbon dioxide
- <0.4% · no acid-gas treatment
- Liquids
- 4.4–4.7 GPM removed on siteDeck
- Nitrogen
- 8.8% avg treated on siteDeck
96 × Caterpillar G3520K natural-gas gensets ≈232 MW; 2,418 ekW each at site conditions.
04 / Delivery timeline
Capacity releasedin step with delivery.
50 MMcf/d is available at the existing tap today, 150 MMcf/d by end of Q4 2026 and 250+ MMcf/d — roughly 1.25 GW of fuel — by end of Q2 2027. Deliverable capacity is released in step with TCEQ air authorizations.
| When | Gas | Fuel equivalent | Air permit | Online |
|---|---|---|---|---|
| Today (available now) | 50 MMcf/d | ≈250 MW of fuel | Block 1 filed | — |
| Q4 2026 (Laguna ramp) | 150 MMcf/d | ≈750 MW of fuel | Pause lifts ~year-end | — |
| Q2 2027 (first block) | 250+ MMcf/d | ≈1.25 GW of fuel | Standard Permit | 500 MW |
| Q2 2028 (full build) | 250+ MMcf/d | ≈1.25 GW of fuel | Title V / NSR | 1,000 MW |
05 / Ownership & pipeline
One property.One operated system.
The gathering system already crosses the property — and the landowner partner owns and controls the acreage, pipeline, compression and interconnections, with its own produced gas dedicated to this campus.
- 01EOG Resources
Original owner. The property was part of EOG’s Dawson County oil-and-gas position, with pipeline right-of-way across it.
- 02Laguna Resources
Operates ~50,000 acres of leasehold and ~60 miles of owned gathering, compression and metering in Dawson County.
- 03Cache Creek Land & Cattle
Institutionally backed land and development company formed to partner with Laguna and maximize the land and pipeline infrastructure already in place.
- Laguna leasehold
- ~50,000 ac
- Dawson County, operated
- Owned gathering
- ~60 mi
- Compression, metering, ROW
- Laguna → ONEOK 22" tie-in
- 4.6 mi E
- Priced off the Waha hub
The Laguna relationship
- Direct relationship. Newmark holds the relationship with Laguna’s principals; Laguna will act on Cache Creek’s behalf to contract gas once an off-taker is engaged.
- Access to infrastructure. The tap on the property is already set — gas is taken at the valve with no new laterals, no new ROW and no third-party midstream.
- Connected system. Laguna’s gathering ties into ONEOK WestEx 22” 4.6 miles east and other midstream operators, placing the site inside the West Texas network priced off the Waha hub.
Pipelines: RRC of Texas public GIS · Imagery © Esri, Maxar, Earthstar Geographics · Parcel: Dawson County Appraisal District, not a survey
What the map shows
Laguna gathering 16" and Laguna gathering 8.63" cross the Lamesa Energy Campus parcel (Dawson CAD Parcel 9799); RRC-mapped Laguna segments near the site. ONEOK WestEx 22" and ONEOK WestEx 24" run west and east of the site; Laguna → ONEOK 22" tie-in 4.6 mi E. Priced off the Waha hub. Pipelines: RRC of Texas public GIS · Imagery © Esri, Maxar, Earthstar Geographics · Parcel: Dawson County Appraisal District, not a survey.
06 / Grid context
Islanded by design.Surrounded by optionality.
The campus takes no grid service at any phase. It nonetheless sits within one of West Texas’s densest 345 kV and wind corridors — optionality that most powered-land sites cannot offer a future operator.
No waiting on the grid.
- Oncor Lamesa Switch
- 345 kV
- ~6–9 mi · planned lines
- Wind within 50 mi
- 1,741 MW
- 11 operating projects
- Nearest 138 kV
- 2.0 mi
- Jim Payne · GSEC
Grid context only — design remains fully behind the meter.
Grid context: Core BTU, CC1 Site Map Series (24 Sep 2026)
What the map shows
0 · Grid dependency · Fully islanded · BTM. 2.0 mi · Nearest 138 kV · Jim Payne · GSEC. 345 kV · Oncor Lamesa Switch · ~6–9 mi · planned lines. 1,741 MW · Wind within 50 mi · 11 operating projects. Grid context only — design remains fully behind the meter. Grid context: Core BTU, CC1 Site Map Series (24 Sep 2026).
07 / Regional context · Midland Basin, West Texas
Connected bythe corridor.
The site sits between two metropolitan labor sheds — Midland-Odessa 44 miles south and Lubbock 66 miles north — on the US 87 / Ports-to-Plains corridor. This is a working industrial landscape, not a remote site.
Two metros, one corridor
Texas Tech and the regional engineering and technical talent source; long-haul fiber hub; Preston Smith International Airport at 72 miles.
The Permian construction and industrial trades pool; long-haul fiber hub; Midland International Airport at 49 miles.
Inside the Midland Basin.
The site sits in the northern Midland Basin on Laguna Resources’ ~50,000-acre operated leasehold with gathering and compression already running.
US 87 / Ports-to-Plains corridor between Lubbock and Midland long-haul hubs; diverse north–south routing
Straight-line distances
- Lamesa · Dawson County seat
- 8 mi
- Interstate 20 at Big Spring
- 41 mi
- Midland · Midland International Airport
- 44 mi · 49 mi
- Lubbock · Preston Smith International
- 66 mi · 72 mi
Basin extent: U.S. EIA · Imagery © Esri, Maxar, Earthstar Geographics
What the map shows
Midland Basin (EIA play extent); US 87 / Ports-to-Plains (schematic). Straight-line distances: Lamesa · Dawson County seat 8 mi; Interstate 20 at Big Spring 41 mi; Midland · Midland International Airport 44 mi · 49 mi; Lubbock · Preston Smith International 66 mi · 72 mi. Basin extent: U.S. EIA.
08 / Site footage
Walkthe land.
Real footage of the parcel and its frontage. Choose a pass; the dot shows where the drone was.
Imagery © Esri, Maxar, Earthstar Geographics · Parcel: Dawson County Appraisal District, not a survey · Pipelines: RRC of Texas public GIS
09 / Water · Two on-site sources
Water is notthe constraint.
Fresh water and brine are both produced on the property, demand is small, and the closed-loop cooling design uses no water in normal operation.
Existing brine handling capacity on the landowner’s system is roughly 40× the campus’s full-build water demand. Fresh water from on-site wells is available in addition.
Operating framework
- 01
Source
Fresh water from on-site wells and brine from the landowner’s oil and gas operations — both on the property and under counterparty control.
- 02
Cooling
Closed-loop dry coolers with immersion cooling at the container: no evaporative load and no water consumed in normal operation.
- 03
Disposition
Injection to permitted saltwater disposal wells in the area. No discharge to a water body or municipal plant.
Preliminary site plan (Goree, 09/02/2026). Areas are approximate until survey.
Imagery © Esri, Maxar, Earthstar Geographics · Parcel: Dawson County Appraisal District, not a survey
11 / On-site power · IPP partner
ThunderheadEnergy Solutions.
An OEM-agnostic Energy-as-a-Service partner, backed by a 1,500 MW behind-the-meter funding partnership with Harbert Infrastructure, able to take over the contracted CAT fleet or bring its own equipment.
An IPP partner is ready.
Energy-as-a-Service
Thunderhead finances, builds, owns and operates generation; the user buys power, not a power plant. OEM-agnostic: CAT, MTU, GE Vernova and Solar Turbines.
Harbert Infrastructure
Harbert and Thunderhead are partnered to deliver 1,500 MW of contracted behind-the-meter generation, with capital earmarked for 2027–2028 in-service.
Two paths to power
Acquire the contracted fleet
Take over the 96 × CAT G3520K package (≈232 MW) Core BTU holds deposits on.
Fleet specificationFleet specification
- 2,418 ekW each at site conditions (4,840 ft, 85°F)Deck
- 480 VDeck
- 44.8% genset efficiencyDeck
- Safety Power ecoCUBE SCR on every unit (up to 94% NOx, 93% CO, 90% PM reduction)Deck
- Eaton 3200 A paralleling switchgearDeck
- Remote ground-mounted radiatorsDeck
12 / The film
The film
13 / Sponsor · Core BTU I LLC
Leadership builtfor the hard part.
Core BTU pairs hands-on operations leadership across major U.S. energy basins with strategy and transformation work spanning regulated utilities, global energy majors and data-center demand — aligning ownership, capital, engineering, permitting and commercial execution against a single development plan.
Rick Thomas
Deployment & execution leadership
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More than two decades leading large-scale deployment programs defined by heavy capital, immovable deadlines and high complexity across energy infrastructure, technology transformation and the AI-compute demand reshaping the power market. Led the $800 million technology transformation of Capital One Arena and directed the $10 billion transition of nineteen regional sports networks from Fox Sports to Bally Sports.
Alissa Abramson-Densky
Strategy & transformation
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More than two decades at the intersection of strategy, transformation and disciplined execution, rooted in energy, regulated utilities, global majors, energy technology and industrial and data-center demand. Previously advised energy, utility and oil-and-gas leaders on data-center build-out and wholesale power markets at PwC Strategy&.
Joseph Poling
Business builder & operator
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Nearly three decades founding, scaling and exiting complex operating organizations across financial services, healthcare, government, education and enterprise infrastructure. Today President and Chief Revenue Officer of Think Systems, translating strategy and investment into executable operating plans.
Project structure
- Owner
- Cache Creek Land & Cattle Co.institutionally backed land and development company
- Operating partner
- Core BTU I LLCorganized the transaction and sponsors development
- Resident operator
- Laguna Resourceslandowner partner, gathering system and gas supply
- Exclusive advisor
- Newmarksite marketing and off-take
For further information
The gas is flowing.The land is ready.The only thing missing is you.
Property representation
Institutional access.Grounded execution.
Newmark is the exclusive advisor for site marketing and off-take. The advisory team holds the direct relationship with Laguna Resources’ principals and is positioned to coordinate qualified counterparty engagement.
Reggie Beavan
Vice Chairman
- Phone
- 713.299.8529
River Potter
Director
- Phone
- 214.966.2030
Exclusive advisor