The Broe Group announced January 19 that Halliburton will establish a major sand terminal within the Great Western Industrial Park in Windsor CO to serve energy production demand in the Denver-Julesburg (DJ) Basin and burgeoning Niobrara Shale Formation. Another customer is adding a crude oil transload and storage terminal.
Halliburton, with headquarters in Houston TX and Dubai, United Arab Emirates, confirmed its investment to build the sand storage facilities on a 54-acre site within the 1,800-acre industrial park. This rail-served facility will support the activities of more than 500 Halliburton employees who will work in the DJ Basin. Construction of the sand terminal will begin in the first quarter of 2012, with operations expected to begin in the second quarter of the year.
The announcement follows a series of recently announced transactions by The Broe Group at the Great Western Industrial Park, which is a center of manufacturing--particularly for the energy industry--in Northern Colorado. Windsor Renewal 1, an affiliate of The Broe Group, announced on January 3 the purchase of 320 acres of former Eastman Kodak Company property. Some of that property, including fuel-storage tanks with a total capacity of 48,000 barrels, will be converted for crude oil storage as part of a Musket Corp pipeline-by-rail facility that The Broe Group and Musket jointly announced on January 11.
That pipeline-by-rail terminal will be unit-train capable, with the capacity to handle, load and move trains of up to 110 cars. With the abundance of existing infrastructure, the site is easily scalable beyond the initial loading capacity of 5.8 million barrels per year. To serve Halliburton, Musket, and other users within the park, the Great Western Railway of Colorado will extend its railroad-track system to complete a four-mile-long loop track, adding the unit-train capacity to address the growing demand for rail service throughout the region. Great Western Railway interchanges with both the Burlington Northern Santa Fe and Union Pacific railroads.