Transloading & Trucking

Transcription

1 Transloading & Trucking Chris Favors, Director of Sales & Marketing September 2, 2015

2 Agenda I. Maalt Overview II. Update on Transload Terminals III. Trucking Relative to Other Modes 2

3 I. Maalt Overview II. III. Update on Transload Terminals Trucking Relative to Other Modes 3

4 Maalt Overview MAALT, LP and its affiliated companies are headquartered in Fort Worth, Texas. Together we specialize in providing frac sand logistics solutions for the oil & gas industry. Maalt, LP has 11 transload terminals with combined storage of over 370,000 tons covering all shale plays in Oklahoma and Texas (12 locations by 4Q2015) 200 pneumatic trucks in Texas, New Mexico and Ohio to provide last mile trucking to the wellhead 24/7 Real Time Data supplied by Maalt LP Logistics Railtronix and Fleetmatics Customer portal provides customers with visibility of product from mine to wellhead 4

5 Maalt Overview 5

6 Maalt Transport Maalt Specialized Bulk performs load out to well site deliveries in the following locations with late model trucks and pneumatic trailers. Barnett Shale 25 trucks West Texas 32 trucks Eagleford West 30 trucks Eagleford East 28 trucks Utica Shale 60 trucks Delaware Basin 25 trucks Last mile truck delivery Centralized base with day cab delivery Mobile fleets (sleeper cabs) Hook and haul operations Facility transfers Truck dispatch and onsite logistics management Real-time fleet monitoring and reporting Services Provided Flexible pricing options Variable pricing by the truckload Fixed fleet pricing Well specific price packages

7 Maalt, LP Transload Locations Dilley, TX 10,200 loop track with unit train service offered by UP (4) 5,000 ton silos Bryan, TX 50 railcar facility with UP service Direct rail to truck transload Sweetwater, TX 90 railcar capacity with daily BNSF rail service Silo storage built to suit customer needs 93 acres in the Cline Shale Enid, OK 40 railcar capacity with daily BNSF rail service 74,000 tons of storage Cleburne, TX 150 railcar capacity served by FWWR (accessible by UP, BNSF & KCS) 40 acres with room for expansion Gardendale, TX 90 railcar capacity served by UP Direct rail to truck transload Amarillo, TX 38 railcar capacity with UP and BNSF rail service 16,600 tons of storage Big Spring, TX 15 railcar capacity served by UP Direct rail to truck transload Ft Worth, TX North Terminal 40 railcar capacity with daily BNSF rail service 111,000 tons of storage Ft Worth, TX South Terminal 30 railcar capacity with UP rail service 158,000 tons of storage Altus, OK 35 railcar capacity with FMRC service Accessible by UP & BNSF Direct rail to truck transload 4.5 total acres Big Lake, TX Coming 4Q2015 Southeast New Mexico Coming 1Q2016 Bryan, TX 150 acre greenfield site

8 I. Maalt Overview II. III. IV. Update on Transload Terminals Local Sand Sourcing Options Trucking & Turnkey Solutions 8

9 Rig Trends June 2014 August 2015 Source: The Energy Consulting Group 1. Eagleford, Permian/Delaware and Woodford have remained busy in core areas while realizing an ~ 60% reduction in rigs 2. Activity in peripheral plays (Eaglebine, Granite Wash, etc) has significantly decreased YOY 3. Core activity has not moved away from the areas with the heaviest concentration of tranloaders 9

10 Maalt Expansion Plans MAALT, LP DILLEY, TX MAALT, LP SE NEW MEXICO MAALT, LP BIG SPRING, TX MAALT, LP BIG LAKE, TX 1. Property identified in SE New Mexico for transload facility on TNMR 2. Property leased in Big Lake, TX; ~5,400 of track planned for 4Q2015 completion 3. Began Big Spring, TX transload operation April ,000 tons of storage completed August 2015 in Dilley 5. Began Gardendale, TX transload operation April

11 I. Market Update II. III. Update on Transload Terminals Trucking Relative to Other Modes 11

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14 Texas/Oklahoma Sand Sources ROFF, OK MILL CREEK, OK GRANBURY, TX TYLER, TX CLEBURNE, TX BRADY, TX (4) KOSSE, TX (2) CONROE, TX 14

15 Transportation Rate Ranges Origin Destination Barge Rail* Truck** Cleburne/Granbury $2,700 - $3,000 $4,000-$4,500 Brady ~ $2,900 $2,400-$2,900 Kosse ~ $2,700 $3,600-$4,000 Roff/Mill Creek San Antonio ~ $4,300 $7,400-$7,800 Tyler N/A $5,000-$5,500 Illinois $3,500 $4,900 - $5,800 Wisconsin $4,500 $5,100 - $6, Locally-sourced sand is in high demand due to logistical advantages and cost savings versus northern options 2. Mines located in Cleburne, TX and Granbury, TX offer the market UP, BNSF, KCS and trucking options into South Texas 3. Barge rates are 20%-40% less than rail rate into South TX (Corpus, Victoria, etc) * Rail rates do not account for cost of private railcar lease/ownership **Truck rates converted to railcar equivalent (4.5 truck: 1 railcar) 15

16 Transportation Rate Ranges Origin Destination Rail* Truck** Cleburne/Granbury $2,200 - $3,000 $3,450-$3,850 Brady ~ $3,200 $2,550-$2,950 Kosse ~ $3,500 $4,850-$5,250 Roff/Mill Creek West Texas ~ $3,800 $5,500-$5,900 Tyler N/A $5,750-$6,150 Illinois $4,600 - $5,800 Wisconsin $4,800 - $7, Locally-sourced sand is in high demand due to logistical advantages and cost savings versus northern options 2. Mines located in Cleburne, TX and Granbury, TX offer the market UP, BNSF, FWWR/TXPF and trucking options into West Texas 3. Rail rates do not account for unit train shipments, making them more competitive than published tariff rates shown above * Rail rates do not account for cost of private railcar lease/ownership, transload fee and trucking to wellhead **Truck rates converted to railcar equivalent (4.5 truck: 1 railcar) 16

17 Transportation Rate Ranges Origin Destination Mode Rail Rate & Transloading/Ton Trucking to Big Lake/Ton Transportation Cost to Well DFW Group Sweetwater, TX Rail ~ $38 $21 - $25 $59 - $63 DFW Group Ft Stockton, TX Rail ~ $41 $16 - $19 $54 - $57 DFW Group Big Lake, TX Truck $42 - $49 $42 - $49 Origin Destination Mode Rail Rate & Transloading/Ton Trucking to Yorktown/Ton Transportation Cost to Well DFW Group Elmendorf, TX Rail ~ $40 $17 - $19 $57 - $59 DFW Group Gardendale, TX Rail ~ $40 $21 - $25 $61 - $65 DFW Group Yorktown, TX Truck $45 - $52 $45 - $52 17

18 THANK YOU! 18