A Woodlands-based company targets the Eagle Ford with plans to construct the first U.S. oil refinery in over forty years.

Related: More Eagle Ford LNG Headed Abroad | Eagle Ford Shale Play

The $500 million facility, currently under construction by Raven Petroleum, will process 50,000 barrels a day of light crude. The company plans to break ground on 200 acres in Duval County with an additional 632 acres adjacent to the complex that is available for co-development.

The refinery will bring almost 1,800 construction jobs to the local economy that has a population of only 12,000. It will also decrease the tax rate by 50%, according to Duval County Judge Ricardo “Rocky” Carrillo.

Refinery project details:

• Located in Duval County, just outside of Laredo, Texas
• Direct rail access to Mexico via the Kansas City Southern (KCS) rail network
• Two pipelines bisect the property with adjacent highway transportation access
• Access to ample feedstock from multiple Eagle Ford suppliers
• Ideal position for distribution to newly opened Mexican markets
• 50,000 barrel-per-day (bpd) crude oil refinery
• Storage tank capacity of up to 4,000,000 barrels.
• Capacity of 2 inbound and 2 outbound Unit trains per day
• Rail terminal infrastructure with approx 20 miles of internal track
• 200 acres with 6,000+ ft direct rail frontage on the KCS mainline
• Additional 632 acres for co-development

Read more at ravenpetro.com