Valero’s Three Rivers Refinery Gets a $100 Million Boost

Valero has shifted from 90% foreign oil to 85% Eagle Ford oil over the last decade

Valero has been able to increase Eagle Ford crude oil capacity at its Three Rivers Refinery with $100 million in improvements over the past few years. Changes included expanding crude oil storage capacity, adding truck unloading capacity, and increasing light crude processing capabilities.

The facility has shifted from importing heavy foreign crude oil to supplying 85% of its needs locally. Approximately 85,000 b/d of the 100,000 b/d running through the plant is produced in the Eagle Ford Shale. [Read more…]

TexStar Pipeline Open Season Begins

TexStar Midstream began on open season for a 110 mile crude pipeline in South Texas on December 12, 2011. The 100,000 b/d pipeline will move crude and condensate from Gardendale to Oakville, near Valero’s Three Rivers refinery. The company will then move volumes down to Corpus Christi through a NuStar pipeline. The project could be online as soon as mid-year 2012 and will be the first major pipeline and midstream expansion bringing oil to the coast.  [Read more…]

Drought Delaying Projects in Three Rivers, TX

Development projects in Three Rivers, TX, are waiting for water. Water treatment facilities are running at full capacity and some of the Apartment, Hotel, and RV developments are waiting until more water can be sourced.

Bring the rain…… [Read more…]

NuStar – Valero Reach Eagle Ford Pipeline Agreements

NuStar Energy and Valero have reached an agreement that will help move South Texas Eagle Ford crude to local refineries. NuStar will convert a current refined products pipeline to crude oil and the line will be used to move oil from Three Rivers to Corpus Christi where Valero has an additional refinery. The company also plans a new 12 inch pipeline that will make the same journey. Valero has indicated it plans to increase the volume of crude the company is taking from the Eagle Ford and this looks to be another step in that direction.  [Read more…]

Marathon Petroleum and Valero Refineries are Adding Eagle Ford Oil

Marathon Petroleum and Valero Energy refineries are expanding to accept more Eagle Ford Shale crude oil. Both companies have expansion plans that will allow greater volumes of oil to flow through the refineries and the companies want Eagle Ford crude because it is easier to refine than the heavy crudes that are imported from South America.

On the back of Marathon Oil’s Eagle Ford Shale acreage acquisition, Marathon Petroleum might stand to benefit the most if refining margins hold.  [Read more…]

Valero Three Rivers Refinery gets Eagle Ford Shale Oil

The Valero Refinery is already getting 35,000 barrels a day and expects that number to grow to 50,000 barrels a day by year end.  My expectation is that you’ll begin to see these refineries expanding or changing the crude slate they accept to allow for the refining of more Eagle Ford Shale crude oil. [Read more…]