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Canada’s Gibson Energy eyes Stockdale for expansion
Stockdale Economic Development Corp. (SEDC) Administrator Johnny Stahl speaks to directors of the SEDC during their March 11 regular meeting.
Wilson County NewsMarch 19, 2014 6,530 views 1 comment
The Stockdale Industrial Park may soon be home to Canada-based Gibson Energy. After meeting with Gibson Energy General Manager of Operations Ralph Griswold twice last month, the company’s attorney is working on an agreement with the Stockdale Economic Development Corp. (SEDC). Corporate leaders were set to meet March 16 for a final decision, according to SEDC President Frank Bain Jr. during the SEDC’s March 11 meeting.
SEDC Administrator Johnny Stahl said the company supplies material to oil companies as a staging facility. The Stockdale site will be the closest to the Eagle Ford shale oil-gas exploration.
According to the Feb. 11 SEDC minutes, the venture includes a facility of approximately 3,000 square feet, upright fiberglass water tanks, and parking space for “rolling stock and equipment for mixing and hauling the fluids they supply their clients.” The company will employ up to 20 people.
The fluids, as described by Griswold Feb. 11, are “nontoxic fluid components his oil field clients use in well ‘fracking’ and in completing and reworking oil wells ...,” according to the meeting minutes.
If successful, according to records from the Feb. 17 SEDC meeting, Gibson Energy will acquire 8.94 acres at the north end of Business Park Avenue for $50,000. The company will assume the costs of a sewage-lift station, if needed, and the clearing of brush on the lot.
To assist in establishing the needed utility infrastructure, Stockdale City Manager Banks Akin referenced a utility easement on the Fox Chapel property in the industrial park. Floresville Electric Light & Power System (FELPS) is requesting a 15-foot easement on both sides of this property, at no cost to the SEDC.
Akin said FELPS plans to place the electrical lines underground. For this to happen, a 12-foot-by-12-foot pad, transformer, and meter box are needed. This will allow FELPS to add extra conduits to service the south side of the industrial park.
“It would be cost-effective to me to work with larger regulators and larger metering,” Akin said. He said this easement also would allow for the placement of the city’s natural gas line.
The directors authorized the city manager to proceed, allocating $500 for Maverick Engineering to designate the metes and bounds.
As the SEDC directors work with Gibson Energy, another tenant continues its relocation plan. The first phase of Fox Chapel should be operational April 1. This company, related to the oil-gas industry, is relocating from Pleasanton.
The SEDC directors also discussed the frequency of board meetings. See right for more.
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