The Silver Oak processing plant, owned by TEAK Midstream, is up and operating and ready to be neighborly.
The facility held an open house and lunch on Jan. 15, inviting county commissioners,sheriff’s office, the county judge, the road and bridge department, local firefighters, the emergency management coordinator, members of the Grizzle Scholarship Foundation and more.
Chris Aulds, co-chief executive officer of TEAK Midstream, gave a presentation to the group about TEAK and what exactly the company’s cryogenic plant does.
“You are literally fueling America from the wells here (in South Texas),” he said.
The company’s plant, which began processing gas in October 2012, separates wet gas produced from the Eagle Ford wells in to two separate products. One is dry gas, ready for market consumption, and the other is a co-mingled mixture of natural gas liquids that is transported via pipelines on another location, near Houston, for further separation.
Aulds highlighted the positive economic impact the plant will have on the county and the number of jobs created.
He said the county stands to gain over $325,000 a year in tax revenue for the plant and pipelines. Employment levels during construction reached more than 200 positions.
Now that construction is complete, the jobs on site are closer to 30, but Aulds anticipates that increasing when the company starts construction on a second plant during the summer.
“We want to develop a relationship with the community,” Aulds said.
The company has taken steps towards being a good neighbor. In late 2012, the company donated approximately half the cost to build a new bridge on West King Lane. Another midstream company picked up the tab for the other half, and the project cost the county nothing.
TEAK also has made a $10,000 commitment to the Grizzle Scholarship Foundation that will award $2,000 a year in scholarships to Pettus seniors over the next five years.
After a question-and-answer session with those present, tours were offered of the plant.
Aulds, along with the rest of his staff, not only believes in being neighborly but also being safe.
There was a separate meeting in the afternoon where he met with first responders, and the two groups established a plan so as to be prepared in case of one of those “worst situation scenarios.