Holly Corp. shuts-down Tulsa crude oil refinery

Source: Holly Corp.

Holly Corporation (NYSE:HOC) has shut down its West facility crude unit due to a mechanical failure that was discovered on Friday night. 

Holly is now readying the crude unit for repairs, which are expected to take several days. Crude throughput at the Tulsa refinery is expected to be reduced by approximately 50% until this crude unit returns to service. 

The Tulsa Refinery west facility is located on a 750-acre site in Tulsa, Oklahoma situated along the Arkansas River. The principal process units at the Tulsa Refinery west facility consist of crude distillation (with light ends recovery), naphtha hydrodesulfurization, catalytic reforming, propane de-asphalting, lube extraction unit, MEK dewaxing, delayed coker and butane splitter units. 

The refinery's supporting infrastructure includes approximately 3.2 million barrels of feedstock and product tankage, of which 0.4 million barrels of tankage is owned by Plains, and an additional 1.2 million barrels of tank capacity that are currently out of service and could be made available for future use.

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