Highrise Tower Posted May 10, 2020 Share Posted May 10, 2020 Fairway Energy Partners' Houston crude storage facility commences commercial operations https://www.worldoil.com/news/2017/4/13/fairway-energy-partners-houston-crude-storage-facility-commences-commercial-operations Quote 4/13/2017 HOUSTON -- Fairway Energy Partners, LLC (Fairway) today announced that it has commenced initial commercial operation at its Pierce Junction Crude Oil Storage Facility. The project will serve the Houston area’s crude oil storage needs driven by the significant growth of pipeline-delivered crude oil into and through the Houston market. Fairway began construction in 2015 to convert three existing underground storage caverns at the Pierce Junction Salt Dome in south Houston into crude oil storage service and to build out the supporting infrastructure to put the facility into commercial service. The recently completed phase of construction (Phase 1A) allows for the storage of crude oil in three segregated caverns that have a total capacity of approximately 7.5 million bbl. Fairway constructed brine ponds with approximately 6.5 million bbl of capacity and central pumping and metering facilities at the site. Phase 1A also included the construction of two separate bi-directional, 24-in. pipelines that will connect the facility to the existing Houston area crude oil grid. The pipelines connect the facility to the Genoa Junction and Speed Junction hubs. This is expected to enable Fairway to receive inbound crude oil from the Permian and Eagle Ford Basins, the Mid-Continent and Canadian regions as well as the Gulf of Mexico. The hubs also are expected to provide downstream connectivity to terminals, refineries and water outlets located in the Houston Ship Channel, Texas City and the Beaumont/Port Arthur market areas. The facility’s initial operating capacity is 70% subscribed. Now that Fairway has commenced operations, it is beginning to store crude oil for its customers, and Fairway is pursuing efforts to reach its full initial operating capacity. “We believe Fairway’s facility is responding to what our customers want and what the Houston market needs: a more efficient crude oil market, which will result in lower costs for storing and shipping crude oil,” said Fairway CEO Chris Hilgert. “We look forward to providing agile and flexible services that enhance our customers’ market positions.” Construction of Phase 1B, which will increase the physical storage capacity by approximately 2.6 million bbl to 10.1 million bbl and increase brine pond capacity to an equivalent capacity. That project is expected to commence in the second half of 2017, depending on customer commitments. https://www.coqa-inc.org/docs/default-source/san-antonio-2018/022218-traicoff-cavern-storage-houston.pdf?sfvrsn=a88745bb_2 Link to comment Share on other sites More sharing options...
Highrise Tower Posted May 10, 2020 Author Share Posted May 10, 2020 Trying to figure out where this is located. Any info on this? Link to comment Share on other sites More sharing options...
hindesky Posted May 11, 2020 Share Posted May 11, 2020 South of 610 south loop just west of 288 and there are lots of crude tanks around Beltway and Hwy 3 area just northwest of Ellington Field. Link to comment Share on other sites More sharing options...
Highrise Tower Posted May 11, 2020 Author Share Posted May 11, 2020 59 minutes ago, hindesky said: South of 610 south loop just west of 288 and there are lots of crude tanks around Beltway and Hwy 3 area just northwest of Ellington Field. Awesome. Thanks for the info. I was driving down Holmes road and noticed some offshore equipment. Thing is massive! Looks like it's National Oilwell Varco's Rig Technologies. Link to comment Share on other sites More sharing options...
Ross Posted May 11, 2020 Share Posted May 11, 2020 34 minutes ago, Highrise Tower said: Awesome. Thanks for the info. I was driving down Holmes road and noticed some offshore equipment. Thing is massive! Looks like it's National Oilwell Varco's Rig Technologies. That's actually a land rig, and it's not particularly large. Drilling rigs are sized by the weight they need to be able to hold as they trip pipe and equipment in and out of the wellbore. Land rigs are smaller than offshore rigs, since there's no need to include the weight of pipe to handle the water depth. Link to comment Share on other sites More sharing options...
H-Town Man Posted May 11, 2020 Share Posted May 11, 2020 18 hours ago, Highrise Tower said: Trying to figure out where this is located. Any info on this? Almeda and De Weese. You can see the brine ponds. Link to comment Share on other sites More sharing options...
Highrise Tower Posted May 12, 2020 Author Share Posted May 12, 2020 On 5/11/2020 at 1:05 PM, H-Town Man said: Almeda and De Weese. You can see the brine ponds. Thank you. Saw that on maps but didn't know if those were lakes. Link to comment Share on other sites More sharing options...
Highrise Tower Posted May 12, 2020 Author Share Posted May 12, 2020 Stopped by today. Found out Converge Midstream acquired Fairway Energy. Surprise to see Enterprise Productions there. Looks like they have some petroleum lines through the area. Link to comment Share on other sites More sharing options...
Highrise Tower Posted October 31, 2020 Author Share Posted October 31, 2020 Ran into this last weekend. Link to comment Share on other sites More sharing options...
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