Istmo Energy Announces the Start of Operations at its Pecos-East Rail Terminal, and New Commercial Agreements for Fuel and Frac Sand Transloading and Distribution Services
FORT WORTH, Texas–(BUSINESS WIRE)–#Energy–Istmo Energy, LLC (“Istmo”), announced today the start of commercial operations at the first of two rail terminals under its control. The Pecos-East Rail Terminal Istmo acquired in 2021, located in Pecos, Texas (Reeves County) consists of two unit-train loops with over 20,000 feet of usable track and direct connection to the UPRR. The terminal is also adjacent to highway I-20 and close to highway 285 and CR2119 offering unbeatable logistics advantages that can serve multiple locations within the heart of the Delaware Basin substituting long haul truck supply alternatives for both sand and diesel fuel.
“The strategic location of Istmo’s rail facilities provide an effective fuel and frac sand supply alternative to support the completion activities of operators in our part of the Delaware Basin. At a time of mounting supply-chain costs, constraints, and transport challenges, our terminals provide a cost-effective alternative to supply all drilling operations needs from fuels to proppant sand to drilling fluids” explained Alex Gutierrez, CEO of Istmo Energy. “As part of our commercial strategy, we are proud to announce our partnership with GHMR Operations, LLC, one of the Permian’s leading logistics and transload service providers with over 20 years of experience in the energy, proppant sand, and aggregate markets. GHMR will be running the rail and transloading operations for Istmo’s Pecos-East terminal and will provide its expertise and market reach to provide cost efficient frac-sand alternatives to operators in the area. GHMR has a strong history of developing key logistics solutions and rail services, and we’re confident this partnership will allow us to successfully service our customers”.
Once Istmo adds its Pecos-West Rail Terminal in the next 60 days, it will be able to offer more than 60,000 feet of usable track, 4-unit train loops, a unit-train manifest ladder and other infrastructure connected to the UPRR with eastbound and westbound switching capability to supply drilling operators in the basin.
About Istmo Energy, LLC
Istmo is a private midstream and downstream energy company that envisions harnessing the wealth of the Delaware Basin and connecting it to the Pacific through a low carbon intensity oil and NGL processing facility and export terminal. Istmo is in the final engineering stages for the development of a low carbon intensity 25,000-barrel light-crude Hydroskimming and a 20,000-barrel NGL fractionation facility in Reeves County that will produce and supply distillates and other products to markets in Texas, the West Coast and Mexico.
About GHMR Operations, LLC
GHMR Operations, LLC is a privately held logistics and transload services provider with 20 years of track-record in the energy and aggregate markets. With principals possessing over 70 years combined experience in logistics and rail services industries, GHMR has served many markets with a special focus on Frac Sand supply.
Contacts
Istmo Energy, LLC
Andres Amieva, 817-929-2710
mediarelations@istmoenergy.com
GHMR Operations, LLC
Marty Robertson, 817-879-7414
marty@ghmrops.com
