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4/15/2013



Rail News: Rail Industry Trends

Holly Energy to build crude rail facility in New Mexico; Northern Frac Proppants to access another frac sand reserve in Wisconsin


HollyFrontier Corp. and Holly Energy Partners L.P. on Friday announced plans to jointly construct a rail facility to load and unload crude oil near HollyFrontier's Artesia and/or Lovington, N.M., refining plants.

To be completed in early 2014, the rail facility will connect to Holly Energy's crude oil pipeline system in southeastern New Mexico and have an initial capacity of up to 70,000 barrels per day.

"The project will provide both additional crude oil takeaway options for producers as crude production in the region continues to grow, and an expanded set of crude oil sourcing options for HollyFrontier," Holly Energy officials said in a press release.

In other crude-related news, Northern Frac Proppants L.L.C. (NFP) on Friday announced it acquired land and frac sand reserves on 1,600 acres near Black River Falls, Wis., from Goose Landing Sand Co. L.L.C.

Located on a Class I line, the reserves will enable NFP to serve customers in all major U.S. oil and natural gas producing basins, company officials said in a press release. Premium “Northern White” frac sand reserves currently are being mined and processed, and will be sold under long-term contracts that will immediately generate income for NFP, they said.

NFP now has access to a second frac sand mine and processing site in Wisconsin, joining reserves in Bluff View, said NFP President Jeff Alston.


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