Oilfield services provider Halliburton is to build a major sand terminal for the oil and gas industry within the Great Western Industrial Park, in the US state of Colorado.
The sand storage facility will support hydraulic fracturing operations and will be constructed on a 54 acre site within the 1,800 acre industrial park. The facility will serve energy production demand in the Denver-Julesburg Basin (DJ Basin) and Niobrara formation.
The company will begin construction of the sand terminal in the first quarter of this year, with operations to start in the second quarter of 2012.
Halliburton senior region vice-president Rick Grisinger said that with increasing interest in horizontal well development in the DJ Basin, the company has seen more exploration and production by some of its key customers.
"In preparation for this market growth, Halliburton continues to evaluate plans for expansion and increasing its business presence," Grisinger said.
The Great Western Industrial Park is located on the footstep of the Rocky Mountains, along Colorado's northern Front Range in the town of Windsor. It is developed by The Broe Group.
The park is part of the Great Western Development Company, an affiliate of The Broe Group, and is host to several energy firms including Reliant Holdings, Owens-Illinois, Vestas Blades of America, Front Range Energy and Hexcel Corp.
Great Western Development Company vice-president Rich Montgomery said the new sand terminal in the park will serve Colorado's booming oil and gas industry and underscore the competitive advantages of rail service and innovative supply chain management.