Emerge Energy Services LP Announces a New Terminal Opening in Utah
July 31 2018 - 4:25PM
Fort Worth, Texas
- July 31, 2018 - Superior Silica Sands LLC, a subsidiary of
Emerge Energy Services LP ("Emerge Energy"), is pleased to announce
that it has signed an agreement with Price River Terminal, LLC
("PRT") to access its existing multi-commodity terminal in
Wellington, Utah for frac sand handling. Including this new
terminal, Emerge Energy will have 13 total active terminals across
North America.
PRT currently handles crude oil
and other bulk commodities across six miles of existing rail track,
and additional track will be constructed as part of the agreement
to serve Emerge Energy. Watco Supply Chain Services ("Watco")
operates the facility on a 24/7 basis, ensuring maximum loading
flexibility for customers. Watco is a leading logistics and supply
chain company offering a range of services from single shipment
logistics to complete network design and operation.
Emerge Energy works closely with
the Union Pacific and BNSF Railway to ship sand for its existing
operations, and this relationship will now extend to the PRT
facility served directly by both of these carriers. Although new
track construction will not be completed until November, Emerge
Energy will begin shipping product in September.
"We are excited about gaining a
logistical advantage in the Uintah basin," noted Rick Shearer,
Chief Executive Officer of the general partner of Emerge Energy.
"This market is a promising and growing outlet for northern white
sand. We are well into sales contract discussions with current and
new customers who are expanding or moving into the basin. The
Uintah activity is further evidence that demand for northern white
sand is increasing in other basins outside of Texas. Additionally,
access to the BNSF and Union Pacific networks from our New Auburn
and Arland, Wisconsin plants provides us strategic options to
transport northern white product into Utah to the dual served PRT
facility. We will continue to build on our great relationships with
these two carriers. Finally, we are pleased to partner with Watco,
who has a leading position in transloading logistics, and we look
forward to a promising future for this expanded site."
About Emerge Energy Services LP
Emerge Energy Services LP (NYSE:
EMES) is a growth-oriented limited partnership engaged in the
business of mining, producing, and distributing silica sand, a key
input for the hydraulic fracturing of oil and natural gas wells,
through its subsidiary Superior Silica Sands LLC.
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information contained therein.
Source: Emerge Energy Services LP via Globenewswire
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