$70M project planned

An energy company is planning to build a $70 million midstream oil storage and rail-loading terminal in Lordstown.

Halcon Field Services, a subsidiary of Halcon Resources, said they plan to build the facility at the Ohio Commerce Center 480-acre industrial site that already houses warehouse and distribution centers.

Halcon will use the new facility to ship oil they’re producing through the Utica Shale play to markets outside the production area, Halcon said.

The first phase of the three-stage project is expected to be completed sometime during 2014. The entire project with eventually include four bay truck racks, a 20-rail car loading platform, three stabilizers and six storage tanks.

“A centralized facility will be more efficient than placing stabilizers at individual wells especially considering the development scope in the Utica/Point Pleasant shale,” the company said in a statement.

The company said the project will create 50 jobs and 30 fulltime jobs.

Halcon said the center is zoned for industrial uses and will likely not affect residential traffic.

“The plan is to unload up to 12 trucks per hour at the proposed truck rack,” the company’s statement says. “The amount of truck traffic will depend on a number of factors, including market conditions and the quantity and quality of wellhead production, which is in the early stages at this point.”

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

  • http://wkbn.com/2014/03/05/experts-not-surprised-by-halcon-decision/ Experts not surprised by Halcon decision | WKBN 27 First News

    […] At this point no one from the company is commenting about the decision or what potential impact it may have on plans for an oil storage facility in Lordstown that Halcon had proposed.  […]

  • http://wkbn.com/2014/03/04/halcon-suspends-area-drilling-operations/ Halcon suspends area drilling operations | WKBN 27 First News

    […] In July, Halcon Field Services, a subsidiary of Halcon Resources, announced plans to build a $70 mil… […]

  • http://www.wkbn.com/2013/07/24/another-drill-site-set-for-lordstown/ Another drill site set for Lordstown | WKBN First News

    […] just recently proposed a $70 million oil storage and rail loading terminal at the Ohio Commerce center. The new facility will be used to ship oil they’re producing through the Utica Shale play to […]

  • http://www.wkbn.com/2013/07/23/new-life-ahead-for-struthers-railroad/ New life ahead for Struthers railroad | WKBN First News

    […] Ohio Commerce Center in Lordstown offers rail access and Halcon Field Services recently proposed a $70 million oil storage and rail-loading terminal at that site to ship its oil showing how rail is playing a vital role in the Valley’s economic […]

blog comments powered by Disqus