January 11, 2017 - KGOU.com -
A Houston-based company is planning to invest up to $40 million in a rail spur and transportation loading center near Kingfisher.
Sarah Terry-Cobo writes in the Journal Record that the development, by Solaris Oilfield Infrastructure, will help supply drillers with sand that is used in hydraulic fracturing. The center is next to a Union Pacific mainline.
Solaris Chief Financial Officer Kyle Ramachandran told investors in August that the infrastructure is critical as Oklahoma’s STACK play moves from exploration to full-development drilling mode. The location was chosen because of its proximity to that play and the SCOOP, which is farther south on Highway 81. Those plays are just behind the Permian Basin for the most drilling activity in the nation.
Read more: http://kgou.org/post/new-rail-spur-could-boost-kingfisher-economy-truck-traffic-concern
A Houston-based company is planning to invest up to $40 million in a rail spur and transportation loading center near Kingfisher.
Sarah Terry-Cobo writes in the Journal Record that the development, by Solaris Oilfield Infrastructure, will help supply drillers with sand that is used in hydraulic fracturing. The center is next to a Union Pacific mainline.
Solaris Chief Financial Officer Kyle Ramachandran told investors in August that the infrastructure is critical as Oklahoma’s STACK play moves from exploration to full-development drilling mode. The location was chosen because of its proximity to that play and the SCOOP, which is farther south on Highway 81. Those plays are just behind the Permian Basin for the most drilling activity in the nation.
Read more: http://kgou.org/post/new-rail-spur-could-boost-kingfisher-economy-truck-traffic-concern