HOUSTON–(BUSINESS WIRE)–Twin Eagle Sand Logistics, LLC (“Twin Eagle”), a subsidiary of Twin Eagle Resource Management, LLC, announced today that it is further expanding the Permian Rail Park to meet the strong demand of the Midland Basin. Phase I of the unit train capable rail park was completed in February of 2016 and comprised 33,000 feet of rail track for rail-to-truck frac sand trans-loading services. Phase II of the park includes 15,000 tons of flat storage, 7,800 feet of additional rail track and a 50% expansion of the transload road. Phase III 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 III of the park will break ground next month and will be completed by the first quarter of 2018.
The Permian Rail Park is located on the Union Pacific Railway approximately eight miles west of the city of Big Spring. The 530-acre rail park is Twin Eagle’s fifth terminal development and is one of the largest sand terminals in the country by acreage. Twin Eagle also manages two other frac sand terminals in the Permian Basin for third party customers.
“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 Chief Executive Officer. “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.”
Twin Eagle Sand Logistics, LLC is one of the largest third-party frac sand terminal developers and operators in the country. Twin Eagle Sand Logistics terminals are strategically located in the most prolific oil and gas basins. In addition to the Permian Rail Park, other Twin Eagle locations include: the Mission Rail Park in the central Eagle Ford, the Laredo Terminal located in the South Eagle Ford, the Evans Terminal located centrally to serve the DJ Basin, and the Powder River Basin Terminal in Douglas, Wyoming. Twin Eagle’s current terminals, combined, control over 1,500 rail car spaces with nearly 65,000 tons of storage capacity.
About Twin Eagle Resource Management, LLC
Headquartered in Houston, Texas, Twin Eagle provides midstream energy and wholesale energy services focused on creating value for our customers throughout North America. Twin Eagle was founded in 2010 and has since grown to more than 400 energy professionals under the Twin Eagle name, all committed to serving clients with a customer-driven focus and cross-commodity approach. Through its Wholesale business unit, Twin Eagle is a leader in the wholesale marketing of energy-related commodities including natural gas, power, and environmental products and services. Through its Midstream business unit, named Twin Eagle Midstream, Twin Eagle owns and operates crude oil and frac sand logistical assets and provides related marketing of crude oil and natural gas liquids. For more information, visit twineagle.com.