Genesis Energy
Genesis Energy provides a comprehensive range of midstream services to energy companies in the Gulf of Mexico, including marine transportation, crude oil infrastructure, and sulfur services. Headquartered in Houston, Texas, it operates extensive offshore pipelines, onshore storage, and soda ash production facilities.
Company Overview
Genesis Energy is a master limited partnership headquartered in Houston, Texas. The company provides an integrated suite of midstream services to energy companies operating in the Gulf of Mexico and along the Gulf Coast. Genesis Energy's operations include offshore pipelines, onshore crude oil and refined product infrastructure, marine transportation services, and sulfur services for emissions reduction. The company is publicly traded and is recognized for its extensive network of assets, including pipelines, storage terminals, and a notable marine fleet.
Genesis Alkali
Genesis Alkali is a leading producer of natural soda ash, boasting a low-cost and lower-emission production process. The division operates one of the world's largest natural trona mines located in Green River, Wyoming. It has an annual soda ash production capacity of approximately 4.8 million tons. The soda ash produced is critical for various industries, including glass manufacturing, chemicals, and detergents.
Sulfur Services
The Sulfur Services business segment of Genesis Energy operates under the name TDC. It serves as a crucial partner for emissions reduction in the refining industry by designing, engineering, constructing, and operating facilities to treat, process, and repurpose sour gas streams. The business is a leading producer of sodium hydrosulfide (NaHS) and a marketer of caustic soda (NaOH). Sulfur Services provides design, construction, and operation of NaHS processing units, along with logistical planning and technical services to ensure safety and meet time-sensitive orders.
Marine Transportation Services
Genesis Marine provides Jones Act marine transportation services, featuring both inland and offshore fleets. The inland fleet comprises 33 boats and 82 barges with a total design capacity of 2.3 million barrels, while the offshore fleet includes 9 boats and 9 barges with a total design capacity of 0.9 million barrels. Genesis Marine also operates the M/T American Phoenix, an ocean-going tanker with a design capacity of 0.3 million barrels. These marine assets are pivotal for the transportation of crude oil and refined products, ensuring efficient delivery to refinery-centric demand centers.
Pipeline and Storage Infrastructure
Genesis Energy owns an extensive network of approximately 2,400 miles of offshore pipelines and 450 miles of onshore crude oil pipelines. The company's onshore storage capacity is approximately 4.2 million barrels, spread across several terminal locations, including Texas City, Baton Rouge, Scenic Station, Raceland, Webster, Walnut Hill, and Natchez. The offshore pipeline network is utilized to transport crude oil and natural gas from the Gulf of Mexico to refineries along the Gulf Coast. This infrastructure supports the company's role in facilitating the downstream movement of production and ensuring reliable energy supplies.