HF Sinclair Corporation (HF Sinclair) operates as an independent energy company that produces and markets light products, such as gasoline, diesel fuel, jet fuel, renewable diesel, and other specialty products.
As of December 31, 2024, the company:
Owned and operated a refinery in El Dorado, Kansas (the ‘El Dorado Refinery’), two refinery facilities located in Tulsa, Oklahoma (collectively, the ‘Tulsa Refineries’), the Puget Sound refinery in Anacortes, Washington (the ‘Puget Sound Refinery’),...
HF Sinclair Corporation (HF Sinclair) operates as an independent energy company that produces and markets light products, such as gasoline, diesel fuel, jet fuel, renewable diesel, and other specialty products.
As of December 31, 2024, the company:
Owned and operated a refinery in El Dorado, Kansas (the ‘El Dorado Refinery’), two refinery facilities located in Tulsa, Oklahoma (collectively, the ‘Tulsa Refineries’), the Puget Sound refinery in Anacortes, Washington (the ‘Puget Sound Refinery’), a refinery in Artesia, New Mexico that is operated in conjunction with crude oil distillation and vacuum distillation, and other facilities situated 65 miles away in Lovington, New Mexico (collectively, the ‘Navajo Refinery’), a refinery in West Bountiful, Utah (the ‘Woods Cross Refinery’), a refinery in Sinclair, Wyoming (the ‘Parco Refinery’), and a refinery in Casper, Wyoming (the ‘Casper Refinery’);
Owned and operated a renewable diesel unit (‘RDU’) in Artesia, New Mexico (the ‘Artesia RDU’), an RDU in Cheyenne, Wyoming (the ‘Cheyenne RDU’), and an RDU in Sinclair, Wyoming (the ‘Sinclair RDU’), and a pre-treatment unit (‘PTU’) in Artesia, New Mexico (the ‘Artesia PTU’);
Owned and operated a manufacturing facility in Mississauga, Ontario, which produces base oils and other specialized lubricant products for the company’s Petro-Canada Lubricants business;
Owned and operated manufacturing facilities in Petrolia, Pennsylvania, and the Netherlands, which produce specialty lubricant products for the company’s Sonneborn business, such as white oils, petrolatums, and waxes;
Owned and operated Red Giant Oil Company LLC (‘Red Giant Oil’), which supplies locomotive engine oil and has blending, storage, packaging capabilities, and distribution facilities in Iowa and Texas;
Owned and operated HF Sinclair Asphalt Company LLC (‘Asphalt’), which operates various asphalt terminals in Arizona, New Mexico, and Oklahoma; and
Owned and operated logistics and refinery assets consisting of petroleum product and crude oil pipelines, terminals, tankage, loading rack facilities, and refinery processing units that principally support the company’s refining operations in the Mid-Continent, Southwest, and Rocky Mountains geographic regions of the United States.
As of December 31, 2024, the company’s operations were organized into five segments: Refining, Renewables, Marketing, Lubricants & Specialties, and Midstream.
The Refining segment includes the operations of the El Dorado, Tulsa, Puget Sound, Navajo, Woods Cross, Parco, and Casper Refineries, and Asphalt.
The Renewables segment includes the operations of the Artesia, Cheyenne, and Sinclair RDUs, and the Artesia PTU.
The Marketing segment includes branded fuel sales.
The Lubricants & Specialties segment includes the operations of the Petro-Canada Lubricants, Red Giant Oil, and Sonneborn businesses, in addition to specialty lubricant products produced at the Tulsa West refinery.
The Midstream segment includes petroleum product and crude pipelines, and terminal, tankage, and loading rack facilities that primarily support the company’s refining operations.
Refinery Operations
The company’s refinery operations serve the Mid-Continent, Southwest, and Rocky Mountains, extending into the Pacific Northwest geographic regions of the United States. The company owns and operates seven complex refineries having a combined crude oil processing capacity of 678,000 barrels per stream day (BPSD). Each of the company’s refineries has the complexity to convert discounted, heavy, or sour crude oils into a high percentage of gasoline, diesel, and other high-value refined products.
Products and Customers
Light products are shipped to customers via product pipelines or are available for loading at the company’s refinery truck facilities and terminals. Light products are also made available to customers at various other locations via exchange with other parties.
The company’s principal customers for gasoline include other refiners, branded sites, convenience store chains, independent marketers, and retailers. Diesel fuel is sold to other refiners, branded sites, truck stop chains, wholesalers, and railroads. Jet fuel is sold for commercial airline use. Base oils are intercompany sales to the company’s Lubricants & Specialties segment. LPGs are sold to LPG wholesalers and LPG retailers. The company produces and purchases asphalt products that are sold to governmental entities, paving contractors, or manufacturers. Asphalt is also blended into fuel oil and is either sold locally or is shipped to the Gulf Coast. For the year ended December 31, 2024, the company had one customer, Shell, together with certain of its affiliates, that accounted for 10% or more of its total annual revenues at approximately 11%.
Mid-Continent Region
Facilities
The El Dorado Refinery is a high complexity coking refinery with a 135,000 BPSD processing capacity and the ability to process significant volumes of heavy and sour crudes. The integrated refining processes at the Tulsa West and East refinery facilities provide the company with a highly complex refining operation having a combined crude processing rate of approximately 125,000 BPSD.
The El Dorado Refinery is located on 1,100 acres south of El Dorado, Kansas, and is a fully integrated refinery. The principal processing units at the El Dorado Refinery consist of crude and vacuum distillation; hydrodesulfurization of naphtha, kerosene, diesel, and gas oil streams; naphtha fractionation; isomerization; catalytic reforming; aromatics recovery; catalytic cracking; alkylation; delayed coking; hydrogen production; hydrogen generation; and sulfur recovery.
The Tulsa West facility is located on a 750-acre site in Tulsa, Oklahoma. The principal processing units at the Tulsa West facility consist of crude and vacuum distillation (with light ends recovery), naphtha hydrodesulfurization, propane de-asphalting, lubes extraction, MEK dewaxing, delayed coker, and butane splitter units.
The Tulsa East facility is located on a 466-acre site also in Tulsa, Oklahoma. The principal processing units at the Tulsa East facility consist of crude and vacuum distillation, naphtha hydrodesulfurization, FCC, isomerization, catalytic reforming, alkylation, scanfiner, diesel hydrodesulfurization, and sulfur units.
Crude Oil and Feedstock Supplies
Both of the company’s Mid-Continent refineries are connected via pipeline to Cushing, Oklahoma, a significant crude oil pipeline trading and storage hub. The El Dorado Refinery and the Tulsa Refineries are located approximately 125 miles and 50 miles, respectively, from Cushing, Oklahoma. Local pipelines provide direct access to regional Oklahoma crude production, as well as access to United States onshore and Canadian crudes. The proximity of the refineries to the Cushing pipeline and storage hub provides the flexibility to optimize their crude slate with a wide variety of crude oil supply options. Additionally, the company has transportation service agreements to transport Canadian crude oil on the Spearhead and Keystone Pipelines, enabling it to transport Canadian crude oil to Cushing for subsequent shipment to either of its Mid-Continent refineries.
The company also purchases isobutane, natural gasoline, butane, and other feedstocks for processing at its Mid-Continent refineries. The El Dorado Refinery is connected to Conway, Kansas, a gas liquids trading and storage hub, via the Oneok Pipeline. From time to time, other feedstocks, such as gas oil, naphtha, and light cycle oil, are purchased from other refiners for use at the company’s refineries.
Markets
The El Dorado Refinery primarily serves Colorado and the Plains states, which include the Kansas City metropolitan area. The gasoline, diesel, and jet fuel produced by the El Dorado Refinery are primarily shipped via pipeline to terminals for distribution by truck or rail. The company ships product via the NuStar Pipeline Operating Partnership L.P. pipeline to the northern Plains states, via the Magellan Pipeline Company, L.P. (‘Magellan’) mountain pipeline to Denver, Colorado, and on the Magellan mid-continent pipeline to the Plains states. Additionally, the company’s midstream operations’ on-site truck and rail racks facilitate access to local refined product markets.
The Tulsa Refineries serve the Mid-Continent geographic region of the United States. Distillates and gasolines are primarily delivered from the Tulsa Refineries to market via pipelines owned and operated by Magellan. These pipelines connect the refinery to distribution channels throughout Colorado, Oklahoma, Kansas, Missouri, Illinois, Iowa, Minnesota, Nebraska, and Arkansas. Additionally, the company’s midstream operations’ on-site truck and rail racks facilitate geographic refined product distribution within the Mid-Continent region.
The Tulsa Refineries’ principal customers for conventional gasoline include other refiners, branded sites, convenience store chains, independent marketers, and retailers. Truck stop operators and railroads are the primary diesel customers. Jet fuel is sold primarily for commercial use. The Tulsa Refineries’ asphalt and roofing flux products are sold via truck or railcar directly from the refineries or to customers throughout the Mid-Continent geographic region, primarily to paving contractors and manufacturers of roofing products.
West Region
Facilities
The Navajo Refinery has a crude oil processing capacity of 100,000 BPSD and has the ability to process sour crude oils into high-value light products, such as gasoline, diesel fuel, and jet fuel. The Woods Cross Refinery has a crude oil processing capacity of 45,000 BPSD and processes regional sweet and wax crude oil into high-value light products. The Puget Sound Refinery, which is a complex refinery with a 149,000 BPSD processing capacity, has the ability to process a variety of light, medium, heavy sweet, and sour crudes. The company’s subsidiary, the Parco Refinery, which has a crude oil processing capacity of 94,000 BPSD and has the ability to process heavy and sweet crudes, and the Casper Refinery, which has a crude oil processing capacity of 30,000 BPSD and processes regional sweet crude into high-value light products.
The Navajo Refinery’s Artesia, New Mexico facility is located on a 561-acre site and is a fully integrated refinery with crude oil distillation, vacuum distillation, FCC, ROSE (solvent deasphalter), HF alkylation, catalytic reforming, hydrodesulfurization, mild hydrocracking, isomerization, sulfur recovery, and product blending units.
The Artesia facility is operated in conjunction with a refining facility located in Lovington, New Mexico, approximately 65 miles east of Artesia. The principal equipment at the Lovington facility consists of a crude oil distillation unit and associated vacuum distillation units. The Lovington facility processes crude oil into intermediate products that are transported to Artesia by three of the company’s midstream operations’ intermediate pipelines. These products are then upgraded into finished products at the Artesia facility. The combined crude oil capacity of the Navajo Refinery facilities is 100,000 BPSD, and it typically processes or blends an additional 10,000 BPSD of natural gasoline, butane, gas oil, and naphtha.
The Woods Cross Refinery facility is located on a 200-acre site in West Bountiful, Utah, and is a fully integrated refinery with crude oil distillation, solvent deasphalter, FCC, HF alkylation, catalytic reforming, hydrodesulfurization, isomerization, polymerization, sulfur recovery, and product blending units. In addition, the company’s Woods Cross Refinery includes a crude unit, which is primarily an atmospheric distillation tower, a desalter, and a heat exchanger. The facility typically processes or blends an additional 2,000 BPSD of natural gasoline, butane, and gas oil over its 45,000 BPSD capacity.
The Puget Sound Refinery facility is located on approximately 850 acres in Anacortes, Washington, and is a fully integrated refinery. The principal processing units at the Puget Sound Refinery consist of crude and vacuum distillation, FCC, delayed coking, sulfuric alkylation, catalytic reforming, hydrodesulfurization, isomerization, sulfur recovery, cogeneration, and product blending. In addition to refining assets and an on-site cogeneration facility, the Puget Sound Refinery also includes a deep-water marine dock, a light product loading rack, a rail terminal, and storage tanks with approximately 5.8 million barrels of crude, product, and other hydrocarbon storage capacity.
The Parco Refinery facility is located on approximately 420 acres in Sinclair, Wyoming, and is a fully integrated refinery. The principal processing units at the Parco Refinery consist of gas oil hydrocracking, gas oil hydrotreating, delayed coking units, and associated hydrogen generation.
The Casper Refinery facility is located on approximately 250 acres in Casper, Wyoming, and is a fully integrated refinery. The principal processing units at the Casper Refinery consist of crude oil distillation, FCC, catalytic reforming, hydrodesulfurization, sulfur recovery, and product blending. In addition to refining assets, the Casper Refinery also includes a light product loading rack, a heavy oil rail terminal, and crude and product storage tanks.
Crude Oil and Feedstock Supplies
The Navajo Refinery is situated near the Permian Basin, an area that has historically, and continues to have, abundant supplies of crude oil available both for regional users and for export to other areas. The company purchases crude oil from independent producers in southeastern New Mexico and west Texas, as well as from oil companies. The crude oil is gathered through the company’s midstream operations’ pipelines and through third-party tank trucks and crude oil pipeline systems for delivery to the Navajo Refinery.
The company also purchases volumes of isobutane, natural gasoline, and other feedstocks to supply the Navajo Refinery from sources in Texas and the Mid-Continent area that are delivered to this region on a common carrier pipeline owned by Enterprise Products, L.P. Ultimately, all volumes of these products are shipped to the Artesia refining facilities on the company’s midstream operations’ intermediate pipelines running from Lovington to Artesia. From time to time, the company purchases gas oil, naphtha, and light cycle oil from other refiners for use as feedstock.
The Woods Cross Refinery obtains crude oil from suppliers in Canada, Wyoming, and Utah, as delivered via common carrier pipelines, including the SLC Pipeline and Frontier Pipeline. Supplies of wax crude oil are shipped via truck.
The Puget Sound Refinery is well positioned geographically and logistically to source advantaged Canadian and Alaskan North Slope crudes. The Canadian crudes are sourced from Edmonton, Alberta, and are supplied directly to the Puget Sound Refinery by the Trans Mountain pipeline system. The Alaskan North Slope crudes are supplied by oil tankers that load the crude from Valdez, Alaska, and offload at the Puget Sound Refinery’s marine dock. The dock also allows the refinery to receive other crude oil via marine transport.
The Parco Refinery and Casper Refinery purchase much of their crude oil from inland domestic sources, primarily in areas of Wyoming, North Dakota, and Colorado, as well as crude oil delivered via pipeline from other regions, including Canada. A long-term agreement with the Express Pipeline allows delivery of up to 40,000 BPD of crude oil from Canada directly to these refineries and affords the optionality between Western Canadian Select and Syncrude.
Markets
The Navajo Refinery primarily serves the southwestern United States, including the metropolitan areas of El Paso, Texas; Albuquerque, Moriarty, and Bloomfield, New Mexico; Phoenix and Tucson, Arizona; and portions of northern Mexico. The company’s products are shipped through its midstream operations’ pipelines from Artesia, New Mexico, to El Paso, Texas, and from El Paso to Albuquerque and to Mexico via products pipeline systems owned by Magellan, and from El Paso to Tucson and Phoenix via a products pipeline system owned by SFPP, L.P. (‘SFPP’). In addition, petroleum products from the Navajo Refinery are transported to northwest New Mexico, to Moriarty, New Mexico, near Albuquerque, via the company’s pipelines running from Artesia to San Juan County, New Mexico, and to Bloomfield, New Mexico. The company has refined product storage through its midstream operations at terminals in Artesia and Moriarty, New Mexico.
The Woods Cross Refinery primarily serves Utah, which is currently supplied by a number of local refiners and the Pioneer Pipeline. It also supplies a small percentage of the refined products consumed in Idaho, Wyoming, eastern Washington, and Nevada. The company’s Woods Cross Refinery ships refined products over a common carrier pipeline system owned by Tesoro Logistics Northwest Pipelines LLC to numerous terminals, including its terminal at Spokane, Washington, and third-party terminals at Pocatello and Boise, Idaho, and Pasco, Washington, as well as to Cedar City, Utah, and Las Vegas, Nevada via the UNEV Pipeline.
The Puget Sound Refinery primarily serves the Pacific Northwest, including Washington, Oregon, and British Columbia. It supplies jet fuel for the Seattle-Tacoma, Washington, Portland, Oregon, and Vancouver, British Columbia airports. Products are shipped to Seattle, Tacoma, and Portland terminals by the common carrier Olympic Pipeline. Additionally, products are loaded across the Puget Sound Refinery’s marine dock to deliver to the same locations in the Pacific Northwest, and to expanded locations in California and Alaska.
The Parco Refinery’s products are primarily distributed by direct pipelines to Denver, Colorado, and to Salt Lake City, Utah, connecting to pipelines owned by the company, its joint ventures, or third parties, serving an extensive network of terminals or by exchange. The Parco Refinery’s customers are located in Colorado, Utah, Arizona, Idaho, Nebraska, Nevada, Oregon, South Dakota, Washington, and Wyoming.
The Casper Refinery’s products are primarily distributed by direct pipelines serving the Rocky Mountain region and western South Dakota through an extensive network of terminals or by exchange. The Casper Refinery’s customers are located in Colorado, Utah, South Dakota, and Wyoming.
HF Sinclair Asphalt Company
The company manufactures commodity and modified asphalt products at its manufacturing facilities located in Glendale, Arizona; Albuquerque, New Mexico; Artesia, New Mexico; and Catoosa, Oklahoma. The company’s Albuquerque and Artesia facilities manufacture commodity and modified hot asphalt products, as well as commodity and modified asphalt emulsions from base asphalt materials provided by its refineries and third-party suppliers. The company’s Glendale facility manufactures commodity, modified, and specialty modified hot asphalt products from base asphalt materials provided by its refineries and third-party suppliers. The company’s Catoosa facility manufactures commodity, modified, and specialty modified hot asphalt products, and commodity asphalt products from base asphalts supplied by its refineries. The company primarily sells its finished asphalt products in Arizona, California, Colorado, New Mexico, Oklahoma, Kansas, Missouri, Texas, Arkansas, and northern Mexico. The company’s products are shipped via third-party trucking companies to commercial customers that provide asphalt-based materials for private, commercial, and government agency projects.
Renewables Operations
The company’s renewables business includes the operations of the Cheyenne RDU, the Artesia RDU, and the Sinclair RDU, which it acquired from REH Company in the Sinclair Transactions. The Artesia RDU facility also includes rail infrastructure and storage tanks and has a production capacity of approximately 135 million gallons a year. The company’s Artesia PTU, co-located with the Navajo Refinery, was completed and operational in the first quarter of 2022. The Artesia PTU provides feedstock flexibility for both the company’s Cheyenne RDU and Artesia RDU. The company acquired the Sinclair RDU, co-located with the Parco Refinery. The Sinclair RDU has been operational since 2018 and produces approximately 153 million gallons a year. The Artesia RDU and Sinclair RDU are dependent upon, and share certain infrastructure, including a hydrogen plant, with the refineries where they are co-located, respectively.
The company’s RDUs allow it to process soybean oil and other renewable feedstocks into renewable diesel. Renewable diesel is a cleaner burning fuel with 50% to 80% (results dependent on the feedstock) lower lifecycle greenhouse gas (‘GHG’) emissions than conventional diesel. The renewable diesel produced by the RDUs is sold to customers in California, Oregon, Utah, and Canada.
Marketing Operations
The company’s marketing operations include branded fuel sales to more than 1,600 branded sites in the United States, and licensing fees for the use of the Sinclair brand at more than 300 additional locations throughout the United States. The company’s marketing operations also include revenues from branded gasoline, diesel, and other marketing activities. The company’s branded sites are located in several states across the United States, with the highest concentration of the sites located in its West and Mid-Continent regions.
Lubricants & Specialties Operations
The company’s lubricants and specialties operations consist of its Petro-Canada Lubricants, Red Giant Oil, Sonneborn, and the Tulsa lubricants businesses.
The company’s Petro-Canada Lubricants business produces automotive, industrial, and food-grade lubricants and greases, base and process oils, and specialty fluids. It is a manufacturer of Group III base oils in North America. Products are marketed in over 80 countries worldwide to a diverse customer base through a global sales force and distributor network.
The company’s Red Giant Oil business provides high-quality lubricants to the railroad industry.
The company’s Sonneborn business produces specialty products, such as white oils, petrolatums, and waxes for the personal care, cosmetic, pharmaceutical, and food processing industries. Combined with Petro-Canada Lubricants, it is s producer of pharmaceutical white oils.
The company’s Tulsa Refinery produces high-quality base oils, process oils, waxes, horticultural oils, and asphalt performance products. Products are marketed through strategically located terminals in the United States and selected distributors internationally.
Petro-Canada Lubricants Inc. (‘PCLI’) owns and operates a production facility located in Mississauga, Ontario, having lubricant production capacity of 15,600 BPD, and has the flexibility to match unique lubricant product formulations. The primary operating units are high-pressure hydrotreating and hydrofinishing, solvent dewaxing, and catalytic dewaxing. In addition, the facility operates a hydrogen plant, naphtha hydrotreater, and catalytic reformer, along with other utility units to support production. The Mississauga plant also includes packaging facilities and has extensive distribution capabilities with marine, truck, and rail access.
Red Giant Oil owns and operates blending and distribution facilities in Council Bluffs, Iowa, and Joshua, Texas.
Sonneborn has manufacturing facilities in Petrolia, Pennsylvania, and the Netherlands. The Sonneborn Petrolia site has a production capacity of 6,000 BPD, with flexibility to produce a full range of finished specialty products. The primary operating unit is a high-pressure hydrotreater with hydrofinishing. In addition, the facility operates a hydrogen plant along with other utility units to support production. The Petrolia plant also includes packaging facilities with distribution capabilities through rail and trucking. The Sonneborn Netherlands site is located in Amsterdam and has a production capacity of approximately 1,500 BPD. The primary operating units include base oil acid treating, percolation filtration, and bleaching & steaming operations. The Netherlands sites include packaging facilities with distribution capabilities through truck and marine.
Midstream Operations
The company’s midstream operations comprise logistic assets consisting of petroleum product and crude oil pipelines, and terminals, tankage, and loading rack facilities that principally support its refining operations, as well as other third-party refineries, in the Mid-Continent, Southwest, and Rocky Mountains geographic regions of the United States. Additionally, the company owns a 50% ownership interest in each of Osage Pipe Line Company, LLC, the owner of a pipeline running from Cushing, Oklahoma, to El Dorado, Kansas (the ‘Osage Pipeline’), Cheyenne Pipeline, LLC, the owner of a pipeline running from Fort Laramie, Wyoming, to Cheyenne, Wyoming (the ‘Cheyenne Pipeline’), and Cushing Connect Pipeline & Terminal LLC (‘Cushing Connect’), the owner of a crude oil storage terminal in Cushing, Oklahoma, and a pipeline that runs from Cushing, Oklahoma, to its Tulsa Refineries; a 26.08% ownership interest in Saddle Butte Pipeline III, LLC, the owner of a pipeline from the Powder River Basin to Casper, Wyoming (the ‘Saddle Butte Pipeline’); and a 49.995% ownership interest in Pioneer Investments Corp., the owner of a pipeline from Sinclair, Wyoming, to the North Salt Lake City, Utah Terminal (the ‘Pioneer Pipeline’).
The company’s midstream operations generate revenues by charging tariffs for transporting petroleum products and crude oil through its pipelines, by charging fees for terminalling refined products and other hydrocarbons, and by storing and providing other services at its storage tanks and terminals. The company’s midstream operations do not take ownership of products that it transports, terminals, stores, or refines; therefore, it is not directly exposed to changes in commodity prices.
As of December 31, 2024, the company’s midstream assets included:
Pipelines
Approximately 660 miles of refined product pipelines, including 340 miles of leased pipelines, that transport gasoline, diesel, and jet fuel principally from the company’s Navajo Refinery in New Mexico to its customers in the metropolitan and rural areas of Texas, New Mexico, Arizona, Colorado, Utah, and northern Mexico;
One 205-mile pipeline that transports refined product from the company’s Parco Refinery in Wyoming to its customers in Colorado;
One 114-mile bi-directional products pipeline that transports finished and intermediate products between the company’s Parco and Casper Refineries in Wyoming;
Approximately 510 miles of refined product pipelines that transport refined products from Delek US Holding, Inc.’s (‘Delek’) Big Spring refinery in Texas to its customers in Texas and Oklahoma;
Two 65-mile pipelines that transport intermediate feedstocks and crude oil from the company’s Navajo Refinery crude oil distillation and vacuum facilities in Lovington, New Mexico, to its petroleum refinery facilities in Artesia, New Mexico;
One 65-mile intermediate pipeline that is used for the shipment of crude oil from the gathering systems in Barnsdall and Beeson, New Mexico, to the company’s Navajo Refinery;
The SLC Pipeline, a 95-mile intrastate crude oil pipeline system that transports crude oil into the Salt Lake City, Utah area from the Utah terminus of the Frontier Pipeline, as well as crude oil flowing from Wyoming and Utah via the Marathon Wamsutter system;
The Frontier Pipeline, a 289-mile crude oil pipeline running from Casper, Wyoming, to Frontier Station, Utah, through a connection to the SLC Pipeline;
Approximately 990 miles of crude oil trunk, gathering, and connection pipelines located in west Texas, New Mexico, and Oklahoma that primarily deliver crude oil to the company’s Navajo Refinery;
Approximately 535 miles of crude oil trunk, gathering, and connection pipelines in Wyoming that primarily deliver crude oil to the company’s Parco and Casper Refineries;
Approximately 10 miles of refined product pipelines that support the company’s Woods Cross Refinery located near Salt Lake City, Utah;
Gasoline and diesel connecting pipelines that support the company’s Tulsa East facility;
Five intermediate product and gas pipelines between the company’s Tulsa East and Tulsa West facilities;
Feedstock receiving assets located at the company’s Cheyenne facility;
The UNEV Pipeline, which is a 427-mile, 12-inch refined products pipeline running from Woods Cross, Utah, to Las Vegas, Nevada, and Cedar City, Utah;
A 50% interest in the Osage Pipeline, a 135-mile pipeline that transports crude oil from Cushing, Oklahoma, to the company’s El Dorado Refinery, and also has a connection to the Jayhawk pipeline that services the CHS refinery in McPherson, Kansas;
A 50% interest in the Cheyenne Pipeline, an 87-mile crude oil pipeline running from Fort Laramie, Wyoming, to Cheyenne, Wyoming;
A 50% interest in the Cushing Connect Pipeline, a 50-mile crude oil pipeline running from Cushing, Oklahoma, to the company’s Tulsa Refineries;
A 49.995% interest in the Pioneer Pipeline, a 312-mile refined product pipeline running from Sinclair Station in Wyoming to the terminal in North Salt Lake City, Utah. Through connections, this pipeline is also able to deliver refined products to the UNEV refined products pipeline; and
A 26.08% interest in the Saddle Butte Pipeline, a crude oil pipeline that collects crude oil from the Powder River Basin in Wyoming and primarily delivers into the company’s crude oil pipeline system that supplies its Parco and Casper Refineries.
Refined Product Terminals and Refinery Tankage
Two refined product terminals located in Orla, Texas, and Moriarty, New Mexico, with an aggregate capacity of approximately 240,000 barrels, that are integrated with the company’s refined product pipeline system that serves its Navajo Refinery;
One refined product terminal located in Spokane, Washington, with a capacity of approximately 430,000 barrels, that serves third-party common carrier pipelines;
One refined product terminal near Mountain Home, Idaho, with a capacity of approximately 120,000 barrels, that serves a nearby United States Air Force Base;
Two refined product terminals, located in Wichita Falls and Abilene, Texas, and one tank farm in Orla, Texas, with aggregate capacity of approximately 560,000 barrels, that are integrated with the company’s refined product pipelines that serve Delek’s Big Spring, Texas refinery;
A refined product terminal in Catoosa, Oklahoma, with a capacity of approximately 70,000 barrels that stores specialty lubricant products and is utilized by the company’s Tulsa Refineries;
A refined product loading rack facility at each of the company’s El Dorado, Tulsa, Navajo, and Woods Cross Refineries, heavy product/asphalt loading rack facilities at the company’s Tulsa East facility, Lovington facility, and Cheyenne facility, LPG loading rack facilities at the company’s El Dorado Refinery, Tulsa West facility, and Cheyenne facility, lube oil loading racks at the company’s Tulsa West facility, and crude oil Leased Automatic Custody Transfer units located at the company’s Cheyenne facility;
Refined product storage capacity at the company’s Parco and Casper Refineries, as well as at seven refined product terminals in Colorado, Idaho, and Wyoming serving the company’s Parco and Casper Refineries, with a capacity of approximately 1,960,000 barrels;
One refined product terminal in Kansas City, Missouri, having an aggregate storage capacity of approximately 380,000 barrels;
On-site crude oil tankage at the company’s Tulsa, Navajo, and Woods Cross Refineries and Cheyenne facility, having an aggregate storage capacity of approximately 1,440,000 barrels;
On-site refined and intermediate product tankage at the company’s El Dorado, Tulsa, Navajo, and Woods Cross Refineries and Cheyenne facility, having an aggregate storage capacity of approximately 8,280,000 barrels;
Eleven crude oil tanks adjacent to the company’s El Dorado Refinery with a capacity of approximately 1,040,000 barrels that primarily serve the company’s El Dorado Refinery;
Crude oil tankage at five crude oil terminals with a capacity of approximately 1,790,000 barrels that primarily serve the company’s Parco and Casper Refineries;
Crude oil tankage with an aggregate storage capacity of approximately 450,000 barrels that primarily serves the company’s Navajo Refinery;
SLC Pipeline and Frontier Pipeline’s tankage with an aggregate capacity of approximately 380,000 barrels;
The UNEV Pipeline’s product terminals near Cedar City, Utah, and Las Vegas, Nevada, with an aggregate capacity of approximately 650,000 barrels;
A 50% interest in Cushing Connect Terminal with a capacity of approximately 1,500,000 barrels of crude oil storage in Cushing, Oklahoma;
A 26.08% interest in Saddle Butte Pipeline III, LLC, which has approximately 160,000 barrels of crude oil storage in Wyoming; and
A 49.995% ownership interest in Pioneer Investments Corp., which has approximately 655,000 barrels of refined product storage in Utah.
Governmental Regulation
Some of the company’s existing pipelines provide interstate transportation services subject to regulation by the Federal Energy Regulatory Commission (the ‘FERC’) pursuant to the Interstate Commerce Act (the ‘ICA’).
While the FERC regulates the rates for interstate shipments on the company’s interstate liquids pipelines, the New Mexico Public Regulation Commission regulates the rates for intrastate shipments on the company’s pipelines in New Mexico, the Texas Railroad Commission regulates the rates for intrastate shipments on the company’s pipelines in Texas, and the Oklahoma Corporation Commission regulates the rates for intrastate shipments on the company’s pipelines in Oklahoma.
Many of the company’s pipelines are subject to regulation by the Pipeline and Hazardous Materials Safety Administration (‘PHMSA’) of the Department of Transportation (‘DOT’). Furthermore, other related federal and state programs, such as the EPA’s Risk Management Program and the OSHA’s Process Safety Management (‘PSM’) standard or European equivalents (post-Seveso legislation) apply to some of the company’s terminals and associated facilities.
The company’s operations are subject to certain requirements of the federal Clean Air Act (‘CAA’), as well as related state and local laws and regulations, and similar laws in Canada and the Netherlands.
The company is subject to the EPA’s regulations governing fuels and fuel additives used in motor vehicles, non-road equipment, and airplanes.
The company imports transportation fuels produced at its Puget Sound Refinery into Oregon, and is thereby subject to the Clean Fuels Program (‘CFP’), including, among other things, the requirement to purchase and retire CFP credits to offset the deficit created through its sale of gasoline and diesel fuel into Oregon.
The company sells gasoline and diesel fuel produced at its Puget Sound Refinery in Washington, and is thereby subject to the Clean Fuel Standard (‘CFS’), including, among other things, the requirement to purchase and retire CFS credits to offset the deficit created through its sale of gasoline and diesel fuel in Washington.
The company’s subsidiary, HF Sinclair Refining & Marketing LLC, presumably became subject to the Climate Protection Program (the ‘CPP’) rules in the second quarter of 2022 due to its sale of transportation fuel over the rack in Oregon, primarily from the Puget Sound Refinery.
The company’s operations are also subject to the Federal Clean Water Act (‘CWA’), the Federal Safe Drinking Water Act (‘SDWA’), and comparable state and local requirements, as well as similar laws in Canada and the Netherlands.
The principal legislation affecting the company’s Canadian operations is the Canadian Environmental Protection Act, the Fisheries Act, the Greenhouse Gas Pollution Pricing Act, and their regulations at a federal level, and various provincial statutes and regulations, such as the Ontario Environmental Protection Act, the Ontario Occupational Health and Safety Act, and the Ontario Water Resources Act.
The statutes to which the company’s Dutch assets and operations are subject include the Environmental Protection Act, the Climate Act, the Environment and Planning Act, and other subordinate decrees and regulations relative to environmental control, permitting, and enforcement.
The company’s operations are subject to various laws and regulations relating to health and safety, including the Occupational Safety and Health Administration (‘OSHA’), comparable state statutes, Canadian regulations applicable to its operations in Canada, and Dutch regulations, including the Health and Safety Act and other subordinate decrees and regulations applicable to its operations in the Netherlands.
Some of the company’s operations are also subject to OSHA Process Safety Management (‘PSM’) regulations and the EPA’s CAA Risk Management Plan regulations, both of which are designed to prevent or minimize chemical accidents and any resulting releases of toxic, reactive, flammable, or explosive chemicals.
History
HF Sinclair Corporation was incorporated in 1947.
