Move it storage lake charles la11/14/2023 ![]() No dumpsters privileges unless location specified. Units must be completely cleaned out and all trash must be removed from premises. Bidding in the last two minutes will reset the time clock to 2 minutes, then an additional bid(s) will reset the 2-minute timer.Īll sales are final and considered “as is.” Bids are considered a contractual agreement that must be fulfilled. You must have an invoice in order to access the unit.īuyers must follow the facility’s auction terms. Once the initial payment is collected you will receive an invoice for the remaining balance to be paid directly to the facility. Upon winning an auction you will be automatically charged the auction fee along with 10% of the unit sale price. There is a $10 minimum or 15% auction fee (whichever is greater) for every unit won in addition to the unit sale price. The Storage Facility (Move It Storage-Common Street) reserves all rights to cancel or postpone auctions at any point.Īll bids on the site are in $10 increments. These four sites have a combined authorized storage capacity of 714 million barrels.Lien laws must always be followed. After the oil is removed from the SPR caverns, pipelines send it to various terminals and refineries around the nation. The water displaces the crude oil to the surface. To withdraw crude oil, fresh water is pumped into the bottom of a cavern. The fact that oil floats on water is the underlying mechanism used to move oil in and out of the SPR caverns. It is these self-healing characteristics which will almost instantly close any microcracks, should they develop in the walls of the salt caverns. Rock salt exhibits extremely low porosity and permeability, plastic deformation characteristics, and self-healing characteristics, at the subsurface depths that the caverns are located. For every barrel of crude oil to be stored in the SPR’s caverns, it takes approximately seven barrels of raw water to create the storage space.īesides being the lowest cost way to store oil for long periods of time, the use of deep salt caverns is also one of the most environmentally secure. By carefully controlling the freshwater injection process, salt caverns of very precise dimensions can be created. In creating the SPR caverns, the dissolved salt was removed as brine and either reinjected into disposal wells or more commonly, piped several miles offshore into the Gulf of Mexico. Salt caverns are carved out of underground salt domes by a process called "solution mining." Essentially, the process involves drilling a well into a salt formation, then injecting massive amounts of fresh water. To stockpile oil beyond the first 250 million barrels, the Department of Energy created additional caverns. This was the most rapid way to begin securing an emergency supply of crude oil following the oil shocks of the 1970s. Government decided to create the Strategic Petroleum Reserve in the mid-1970s, it acquired previously created salt caverns to store the first 250 million barrels of crude oil. Salt caverns along the Gulf Coast have been used for storage for many years by the petrochemical industry. SPR Storage Sites in Texas: Big Hill and Bryan Mound.SPR Storage Sites in Louisiana: Bayou Choctaw and West Hackberry.Each of these pipelines systems has access to one or more major refining centers, interstate crude oil pipelines, and marine terminals for crude oil distribution. The SPR’s oil storage facilities are grouped into three geographical pipeline distribution systems in the Gulf Coast: Seaway, Texoma, and Capline. Storage locations along the Gulf Coast were selected because they provide the most flexible means for connecting to the Nation's commercial oil transport network. These four sites have a combined authorized storage capacity of 714 million barrels. The Reserve contains 60 of these huge underground caverns. In view of the short distance and low rail rate of 3.09 per ton from La. One storage cavern is large enough for Chicago's Willis Tower to fit inside with room to spare. , by rail, and 2,700 tons from Jennings, La. Strategic Petroleum Reserve caverns range in size from 6 to 37 million barrels in capacity a typical cavern holds 10 million barrels and is cylindrical in shape with a diameter of 200 feet and a height of 2,500 feet. Created deep within the massive salt deposits that underlie most of the Texas and Louisiana coastline, the caverns offer the best security and are the most affordable means of storage, costing up to 10 times less than above ground tanks and 20 times less than hard rock mines. Emergency crude oil is stored at the Strategic Petroleum Reserve (SPR) in underground salt caverns at four major oil storage facilities in the Gulf Coast region of the United States, two sites in Texas (Bryan Mound and Big Hill), and two sites in Louisiana (West Hackberry and Bayou Choctaw).
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