Big Tech's AI power needs left a Jerry Jones-backed Texas gas giant sitting on the 'holy grail' of supply

Core Insights - The AI boom has significantly increased energy demand, with natural gas being the quickest solution to meet this demand, particularly in Texas [1] - Comstock Resources is positioned as a leader in the natural gas sector due to its strategic land acquisitions and aggressive drilling approach [3][5] Company Overview - Comstock Resources, with Jerry Jones as its largest shareholder, has a valuable portfolio of land in the Haynesville Shale Basin, acquired in 2019, making it a key player in the natural gas market [2][6] - The acquisition of Covey Park Energy for $2.2 billion in 2019 expanded Comstock's land holdings and enhanced its operational capacity [6][7] Market Position - The Western Haynesville region is recognized as a promising area for exploration and production, attracting companies willing to take risks on new drilling ventures [2][3] - Comstock's location, approximately 100 miles from major cities and close to the LNG corridor, positions it favorably for servicing the growing demand from AI and data center developers [4] Technical Aspects - The natural gas reserves are located at depths of 14,000 to 19,000 feet, presenting unique challenges due to extreme pressure conditions [9]