Thursday, May 25, 2017

Twin Eagle to expand Permian Rail Park

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Twin Eagle to expand Permian Rail Park Twin Eagle Sand

Twin Eagle Sand Logistics, LLC (Twin Eagle), a subsidiary of Twin Eagle Resource Management, LLC, outlined plans to expand the Permian Rail Park near Big Springs, Texas.

Twin Eagle said the expansion of the Union Pacific-served park is to meet the strong demand of the Midland Basin. Phase 1 of the unit train capable rail park was completed in February of 2016 and comprised 33,000 feet of track for rail-to-truck frac sand trans-loading services. Phase 2 of the park includes 15,000 tons of flat storage, 7,800 feet of additional rail track and a 50-percent expansion of the transload road. Phase 3 will include the development of the rail park's 150-acre Lot 2 parcel. The new development of Lot 2 will feature 30,000 tons of rail-accessible vertical silo storage. Phase 3 of the park will break ground next month and will be completed by the first quarter of 2018.

"The Permian Basin is the strongest frac sand demand center in the country employing almost 50% of the active rigs in the United States," said Griff Jones, Twin Eagle's CEO. "The first quarter of 2017 has been an exciting time of growth for the Permian Rail Park and our terminal network, we envision the park growing to eventually include a thousand or more rail car spots with greater than 100,000 tons of storage."