Midstream competition is heating up in the Uinta, one of the few basins where oil production is set to grow at a $60/bbl price. The latest deal is an agreement between FourPoint Resources and Energy Transfer (ET) to double the size of the Price River Terminal in Wellington, UT.
Under the agreement announced Oct. 9, the partners will build a continuous loop track to improve rail logistics, plus a railcar rack capable of loading 140 Mb/d of crude oil. The project will add nine new rail loading arms, four truck offload lanes, and a heated storage tank with 140 Mbbl of capacity. The companies expect to complete the expansion by 4Q26.
ET owns 55% of the Price River Terminal, located southeast of Salt Lake City on the western edge of the Uinta. Under the agreement, FourPoint will take 50 Mb/d of capacity in the expanded terminal. The Denver-based producer has steadily run 1-2 rigs in the Uinta since 4Q24, according to the “Producer to System Analysis” dashboard in East Daley Analytics’ Energy Data Studio.
The Price River project will compete directly with Wildcat Midstream’s expansion of the Wildcat Terminal near Helper, UT. Wildcat, northwest of the Price River Terminal, plans to install additional unloading bays, upgrade loading systems and build a dedicated tank farm. The project will increase loading capacity from 20 to 100 Mb/d just next door.
Since 2020, Uinta oil production has been on the rise, averaging ~276 Mb/d in 2Q25. East Daley’s Production Scenario Tool projects 3.2% Y-o-Y production growth in 2026. The basin in northeastern Utah has longstanding takeaway constraints, limiting demand to local refineries near Salt Lake City and some railing capacity. Expansions like the Price River and Wildcat projects are critical to enable future growth from the basin.
Along with the terminal expansion, FourPoint announced a rebranding of the Uinta’s unique crude oil. Going forward, FourPoint will market the crude as “American Premium Uinta (APU),” changing the name from Uinta Wax. Uinta crude has some of the highest paraffinic content among US crude oil streams, but is also low in impurities like sulfur and metals. – Alec Gravelle Tickers: ET.
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