Big Spring: 530-acre bold move for Twin Eagle Sand LogisticsBig Spring: 530-acre bold move for Twin Eagle Sand Logisticshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=122062016-02-24T06:00:00Z2016-02-24T17:45:00Z

​​BIG SPRING, HOWARD COUNTY - At a time when other companies are scaling back, Twin Eagle Sand Logistics is boldly opening a new facility in a down market.

The Houston-based company has officially opened its Permian Rail Park facility in Big Spring.

Located along the Union Pacific Railway, the 530-acre rail park is Twin Eagle’s fifth terminal and is designed to serve the company’s customers on the eastern end of the Permian Basin in an area specifically known as the Midland Basin.

Record low crude oil prices around $30 per barrel have meant cutbacks in new drilling activity but the Midland Basin remains a hotspot where the drilling sites that remain are using a higher amount of frac sand per well.

Twin Eagle CEO Griff Jones said the company’s customers continue to demand centrally located train capable terminals, which reduce transportation and well completion costs.

The grand opening for Twin Eagle comes at a very curious time for the frac sand business where overall demand is down but individual frac sand per well use is up.

Halliburton recently opened a frac sand facility south of San Antonio while Solaris Oilfield Infrastructure has introduced a portable 12-silo system to the Eagle Ford and other shale basins.
San Antonio Business Journal
http://www.bizjournals.com/sanantonio/news/2016/02/18/this-company-defies-market-logic-by-opening-new.htmlRead more at the {Source}

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