Silver Creek Midstream will operate the upcoming Douglas liquids storage terminal, located in Wyoming in the US. Expected to start operations in 2024, the liquids storage terminal will be owned by Silver Creek Midstream.
Expected to be operational in 2024, the terminal will primarily store crude oil and will have pipeline and road access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 1,50,000
Tank Size Min (bbl): 50,000
Tank Size Max (bbl): 50,000
Number of Tanks: 3
During the period 2021-2025, the Douglas storage terminal is expected to witness an estimated capex of $22.8m.
About Silver Creek Midstream
Silver Creek Midstream LLC (Silver Creek) is an independent midstream oil and gas company that acquires, develops and operates crude oil pipeline and storage assets. It offers crude oil gathering, transportation, storage, and terminalling services. The company operates crude oil gathering and transportation pipeline systems, and a number of truck injection stations in the state of Wyoming. Silver Creek’s pipelines serve the Big Horn, Wind River and Powder River basins. The company works in association with Tallgrass Energy Partners to build the Iron Horse pipeline. It is funded by Tailwater Capital LLC. Silver Creek is headquartered in Irving, Texas, the US.
Information on the liquids storage terminal is sourced from GlobalData’s liquids storage terminal database that provides detailed information on all active and upcoming, liquids storage terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.