• At press time, Brent crude futures were down $2.73, or 2.89%, at $91.84 a barrel while U.S. West Texas Intermediate (WTI) crude futures fell $3.11, or 3.5%, to $85.99.
Read MoreTag: Midland Basin
Twin Eagle Sand Logistics to Expand Permian Rail Park
Twin Eagle Sand Logistics LLC, a subsidiary of Twin Eagle Resource Management LLC, announced that it is further expanding the Permian Rail Park to meet the strong demand of the Midland Basin.
Read MoreNew Pioneer Project in Texas Moves Forward
Pioneer Natural Resources Co. announced that the company closed on its previously announced acquisition of approximately 28,000 net acres in the Midland Basin from Devon Energy for $435 million, before normal closing adjustments.
Read MoreTwin Eagle Sand Logistics Begins Operations at New Rail Park
Twin Eagle Sand Logistics LLC announced that it has commenced commercial operations at the Permian Rail Park, the newest addition to its terminal network. The Permian Rail Park is located on the Union Pacific Railway approximately eight miles west of the city of Big Spring, Texas. The 530-acre rail park is Twin Eagle’s fifth terminal development and is centrally located…
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