May 2013, Vol. 240, No. 5
Projects
Crude Oil/Frac Sand Terminal Planned In New Mexico
Rangeland Energy expects to invest more than $150 million in a terminal and supporting infrastructure in Loving, NM. The company has contracts to purchase 770 acres near Loving and plans to begin development of a terminal facility capable of handling crude oil, frac sand, pipe and other products.
A pipeline system is also planned in southern Eddy County, NM to maximize terminal connectivity to existing and planned pipelines for both the receipt and delivery of crude oil. Rangeland will receive crude produced in southeast New Mexico and West Texas via inbound trucks and gathering pipelines. The terminal will provide crude oil storage and outbound access to existing and planned pipelines. Unit-train loading facilities will allow Rangeland’s customers to deliver crude to markets across the country that are not accessible by pipeline.
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