In 2012, the fracking revolution added $62 billion to federal and state government revenues and is expected to contribute more than $112 billion in 2020.
Emerge Energy Services LP Announces a New Terminal Opening in Utah
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.