CORPUS CHRISTI and BEAUMONT, Texas — Stabilis Energy and Flint Hills Resources have formed a joint venture to build up to five liquefied natural gas (LNG) liquefiers serving oilfield fuel consumers. The new venture will open its first LNG production facility in January 2015. Located in George West, Texas, the facility will produce LNG for high horsepower oilfield fuel applications throughout the Eagle Ford Shale. Planned production capacity is 100,000 gallons per day. Stabilis will begin taking orders immediately.
In addition to announcing its first LNG production facility in the Eagle Ford Shale, the venture is finalizing land procurement in North Dakota and West Texas for facilities that are scheduled to begin production in 2015 and 2016. Other LNG production facilities will be located to meet customer demand and are scheduled to begin production in 2016 and 2017.
“Stabilis is proud to announce our first LNG liquefaction facility as part of a new venture with Flint Hills Resources,” said Casey Crenshaw, president and CEO of Stabilis Energy. “We believe this venture will allow Stabilis to rapidly deploy LNG liquefiers across all of the major oil and gas shale plays in North America.”
“We are pleased to establish this relationship with Stabilis Energy to make America’s abundant natural gas resources available to high horsepower engine applications in the oilfield,” said Jeremy Bezdek, managing director of Innovation for Flint Hills Resources. “We are very excited about the first plant location in the Eagle Ford and working with customers who currently supply crude oil to our refinery in nearby Corpus Christi.”
Stabilis will provide LNG transportation, logistics and field service support through its subsidiary Stabilis LNG Transportation and Field Service.
For more information, visit www.fhr.com or call (316) 828-5500 or visit www.stabilisenergy.com or call (409) 833-1115.
