Twin Eagle Sand Logistics LLC, a subsidiary of Twin Eagle Resource Management LLC, has broken ground on the Permian Rail Park located on the Union Pacific Railway approximately eight miles west of the city of Big Spring, Texas.
The 530-acre rail park is Twin Eagle’s fifth terminal development and is centrally located to serve the Eastern side of the Permian Basin. Phase 1 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 2 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 CEO. “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 exploration and production (E&P) anchor tenant, is another terminal in our growing portfolio that serves our customers’ needs.”