FourPoint doubles crude export capacity at Price River terminal
FourPoint Resources recently partnered with Energy Transfer to expand the Price River terminal in Wellington, Utah. The new agreement will double the terminal’s export capacity and enhance deliverability of American Premium Uinta (APU) crude oil to refineries throughout the Lower 48.
The expansion is expected to strengthen transportation infrastructure and takeaway capacity out of the Uinta Basin and unlock greater market access for FourPoint to meet the growing demand for this high-quality American crude, the companies reported.
“With the expansion expected to be complete by the fourth quarter of 2026, subject to receipt of necessary third-party and government approvals, FourPoint will secure capacity totaling 50,000 barrels of oil per day at the Price River terminal,” Tripp Kerr, FourPoint vice president of marketing, said in a news release. “Energy Transfer is an exceptional midstream company and their commitment to this project and reliable flow assurance will be critical to our growth strategy in the basin.”
The terminal expansion will feature a newly constructed continuous loop track to streamline rail logistics and a railcar load rack capable of loading 140,000 barrels of oil per day, the partners said. Terminal enhancements will also include nine new rail loading arms, four additional truck offload lanes, and upgraded pump capacity to accelerate and improve truck offloading operations.
The project also will add a new heated storage tank with approximately 140,000 barrels of shell capacity and two additional 6,000-ft. storage unit tracks, significantly improving storage capacity at the terminal.
This expansion comes alongside the official launch and rebranding of the crude previously known as Uinta Wax or Yellow Wax. Going forward, FourPoint will market the crude as APU—a name that reflects the quality of this resource with one of the highest paraffinic contents among crude oil produced in the United States. APU is a premium, light-grade, crude with low impurities like sulfur and metals, making it a cleaner, more efficient feedstock for refiners. Its unique refining characteristics allow it to be processed more cost-effectively than many other crudes, while also producing high-grade base oil products for lubricants.
“We’re focused on developing a robust and consistent production base in the Uinta Basin coupled with supporting logistics that enable us to move significant, reliable volumes of American Premium Uinta to both traditional markets in Salt Lake City and new markets beyond the basin,” said George Solich, FourPoint CEO and chairman. “As volatility continues to disrupt foreign crude imports, APU offers American refineries a premium, domestic alternative. This terminal expansion strengthens our ability to deliver that product consistently and at scale, supporting energy independence and fueling the production of American-made goods with American crude.”