Permian Rail Park will eventually support crude-by-rail as well
Twin Eagle Sand Logistics, LLC has broken ground on the new 530-acre Permian Rail Park frac sand terminal near Big Spring, Texas.
The Permian Rail Park is located on the Union Pacific Railway, about eight miles west of Big Spring, and designed to serve the eastern side of the Permian Basin.
Phase I of the project, which will be initially used for rail-to-truck sand trans-loading services, calls for more than 33,000 feet of track and is expected to be completed in the first quarter of 2016.
Twin Eagle also has Phase II plans to develop a loop track capable of supporting crude-by-rail market activity as well as infrastructure to handle trucking solutions for both crude and sand.
“The Permian Basin has demonstrated remarkable resilience in the face of a challenging price environment and will likely perform well into a recovery cycle,” said Griff Jones, Twin Eagle’s Chief Executive Officer.
“We believe the industry will continue to demand unit train terminaling infrastructure that demonstrate size and scope as they efficiently manage their supply chain. Permian Rail Park, which is supported by a sand trans-loading contract with a major E&P anchor tenant, is another terminal in our growing portfolio that serve our customers’ needs.”
The Permian Rail Park Twin Eagle’s fifth terminal development.
Twin Eagle Sand Logistics, LLC owns five frac sand terminals, including the Laredo Terminal located in the South Eagle Ford; the Evans Terminal located near Evans, Colorado to serve the DJ Basin; and the Powder River Basin Terminal in Douglas, Wyoming.