Permian refiner, distributor agreement to keep crude in closed-loop

FROM ISSUE 2
By North American Shale magazine staff | April 10, 2018

Diesel produced at a proposed Pecos County, Texas-refinery could someday go full-circle. Fort Worth-based Pilot Thomas Logistics, a national provider of fuel, lubricants and chemicals to multiple industries, has agreed to acquire diesel produced from the MMEX Resources Corp. facility. After obtaining the diesel, the plan is to provide drilling rigs in the region with the product that they helped to retrieve.

“We are excited to enter this relationship with MMEX to expand our local supply in the Permian,” said Dennis Cassidy, president and CEO of Pilot Thomas. The company provides products to drilling rigs including oil change services for mud motors and fluid analysis and testing. For frack fleets, the company provides frack fuel management to ensure a job is not interrupted. Midstream and compression clients also use Pilot Thomas. 

MMEX Resources intends to build a 10,000 per day production facility using crude sourced from the region. The new site will feature truck and rail access for Pilot Thomas and others to easily access processed crude.