The Port of Corpus Christi approved NuStar Energy LP’s lease for space to develop another private marine loading dock at the North Beach Terminal in Corpus Christi, NuStar said July 21.
The North Beach Terminal is scheduled for completion in the second quarter of 2017. In NuStar’s development plans, the second dock will load Suezmax-class vessels, carrying about 1 million barrels (MMbbl) of oil. The maximum rate is 30Mbbl/hour (hr), with potential for 50Mbbl/hr.
The new dock will be pile-supported and have three loading arms.
“The addition of this new dock further expands our premiere position in the highly desirable Corpus Christi Ship Channel and is an important part of our ongoing commitment to provide our customers with more options to move barrels of Eagle Ford crude oil,” said Brad Barron, president and CEO.
NuStar Energy LP is based in San Antonio.
Recommended Reading
TPH: Lower 48 to Shed Rigs Through 3Q Before Gas Plays Rebound
2024-03-13 - TPH&Co. analysis shows the Permian Basin will lose rigs near term, but as activity in gassy plays ticks up later this year, the Permian may be headed towards muted activity into 2025.
ShearFRAC, Drill2Frac, Corva Collaborating on Fracs
2024-03-05 - Collaboration aims to standardize decision-making for frac operations.
Exclusive: Carbo Sees Strong Future Amid Changing Energy Landscape
2024-03-15 - As Carbo Ceramics celebrates its 45th anniversary as a solutions provider, Senior Vice President Max Nikolaev details the company's five year plan and how it is handling the changing energy landscape in this Hart Energy Exclusive.
The Need for Speed in Oil, Gas Operations
2024-03-22 - NobleAI uses “science-based AI” to improve operator decision making and speed up oil and gas developments.
Chevron Hunts Upside for Oil Recovery, D&C Savings with Permian Pilots
2024-02-06 - New techniques and technologies being piloted by Chevron in the Permian Basin are improving drilling and completed cycle times. Executives at the California-based major hope to eventually improve overall resource recovery from its shale portfolio.