Begin operations at the Heim Plant
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 5 Nov 2020
- Due
- 31 Dec 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The 200 MMcf/d Heim Plant is expected to begin operations in the fourth quarter of 2021, with a total estimated capital cost of approximately $90 million.”
What we found
Evidence strength A What the grades mean
The 10-K filed 2022-02-24 states the Heim plant commenced operations in the third quarter of 2021, before the fourth-quarter 2021 deadline.
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A Targa Resources 10-K filed 2022-02-24
“The Heim plant commenced operations in the third quarter of 2021.” ✓ confirmed on the page
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A Targa Resources 10-K filed 2022-02-24
“The Heim plant, which commenced operations in the third quarter of 2021, processes natural gas production from the Permian Basin.” ✓ confirmed on the page
Market reaction: the shares moved +3.4% against the S&P 500 over the three sessions around the disclosure (23 Feb 2022 to 28 Feb 2022). What this measures
Checked 15 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift +1369 days
- Scope drift +37.5%
- 9 versions
-
Version 1 · original · stated 5 Nov 2020
Deadline 31 Dec 2021 (“in the fourth quarter of 2021”) · target 200 MMcf/d · wording expected
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Version 2 · stated 5 Aug 2021
Deadline 30 Sep 2021 (“early September”) · wording firm
“the plant is scheduled to commence full operations in early September”
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Version 3 · stated 5 Aug 2021
Deadline 31 Dec 2022 (“fourth quarter of 2022”) · target 250 MMcf/d · wording expected
“construct a new 250 MMcf/d plant in the Permian Midland, (the “Legacy Plant”), which is expected to begin operations during the fourth quarter of 2022”
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Version 4 · stated 4 Aug 2022
Deadline 30 Sep 2022 (“late third quarter 2022”) · wording expected
“Targa expects to complete Legacy I ahead of schedule and given the plant will be highly utilized when it begins full operations in late third quarter 2022”
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Version 5 · stated 4 Aug 2022
Deadline 31 Dec 2023 (“late in the fourth quarter of 2023”) · target 275 MMcf/d · wording expected
“Targa announced today its plans to construct a new 275 MMcf/d plant in the Permian Midland (the “Greenwood plant”), which is expected to begin operations late in the fourth quarter of 2023.”
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Version 6 · stated 22 Feb 2023
Deadline 30 Jun 2024 (“the second quarter of 2024”) · wording expected
“The Roadrunner II plant is expected to begin operations in the second quarter of 2024.”
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Version 7 · stated 3 Aug 2023
Deadline 31 Dec 2024 (“in the fourth quarter of 2024”) · wording expected
“The Greenwood II and Bull Moose plants are expected to begin operations in the fourth quarter of 2024 and in the second quarter of 2025, respectively.”
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Version 8 · stated 3 Aug 2023
Deadline 30 Jun 2025 (“in the second quarter of 2025”) · wording expected
“The Greenwood II and Bull Moose plants are expected to begin operations in the fourth quarter of 2024 and in the second quarter of 2025, respectively.”
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Version 9 · stated 1 Aug 2024
Deadline 31 Mar 2026 (“in the first quarter of 2026”) · wording expected
“The Bull Moose II plant is expected to begin operations in the first quarter of 2026”
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Version 10 · stated 1 Aug 2024
Deadline 30 Sep 2026 (“in the third quarter of 2026”) · wording expected
“the East Pembrook plant is expected to begin operations in the third quarter of 2026.”
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Version 11 · stated 1 May 2025
Deadline 30 Sep 2025 (“the third quarter of 2025”) · wording expected
“The Company now expects its Pembrook II plant to begin operations in the third quarter of 2025”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Production start
- Indicative materiality
- High rules
- Action
- Begin
- Deliverable
- 200 MMcf/d Heim Plant
- Target
- 200 MMcf/d
- Amount
- USD 90
- Where
- Permian Midland
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-TRGP-010299 · Corrections policy