Monday, April 21, 2014

New oil rail terminal opens near Nebraska border

April 16, 2014 9:13 am  • 

Eighty-Eight Oil LLC opened its new oil transloading terminal on Tuesday in Fort Laramie, Wyo.
The terminal consists of three loop tracks, each capable of accommodating 100-car unit trains. The initial loading capacity is 80,000 barrels per day with the potential to expand, Eighty-Eight Oil said.

The rail terminal will export new oil production from the Powder River Basin. It will also connect pipelines transporting Canadian crude to BNSF Railway's mainline near Eighty-Eight Oil's existing crude oil terminal in Guernsey, about 13 miles away. 

The Guernsey terminal has two million barrels of storage and receives crude oil from Butte Pipeline, Belle Fourche Pipeline, Platte Pipeline, and the Rocky Mountain Pipeline System.

Eighty-Eight Oil said the transloading terminal is the first one capable of loading multiple crude types including those from the Williston Basin, the Powder River Basin, Southwest Wyoming, Big Horn Basin and Canada.

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