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Incorporated in 1947 and headquartered in Dallas, Texas, Holly Corporation is principally an independent petroleum refiner, producing high-value light products such as gasoline, diesel fuel and jet fuel as well as specialty lubricants. Holly, our parent company, owns and operates three refineries consisting of a petroleum refinery in Artesia, New Mexico, that is operated in conjunction with crude oil and vacuum distillation and other facilities situated 65 miles away in Lovington, New Mexico (collectively known as the "Navajo Refinery"), and a refinery in Woods Cross, Utah and a refinery located in Tulsa, Oklahoma. Navajo Refining Company, L.P., one of Holly's wholly-owned subsidiaries, owns the Navajo Refinery. With a crude capacity of 100,000 BPD, this refinery can process several sour (high sulfur) crude oils and serves markets in the southwestern U.S. and northern Mexico. In June 2003, Holly acquired the Woods Cross refining facility from ConocoPhillips. The Woods Cross Refinery, just north of Salt Lake City, has a crude capacity of 31,000 BPD and is operated by Holly Refining & Marketing Company, a wholly-owned subsidiary of Holly Corporation. In June 2009 Holly Corporation acquired an 85,000 BPD refinery from Sunoco located in Tulsa, Oklahoma that supplies the Mid Continent market with gasoline and diesel. The refinery also produces specialty lube, process oils and waxes which are distributed throughout North and South America. Along with refining, Holly has sole rights for the Phillips gasoline brand until June 2012 for the states of Montana, Idaho, Utah and Wyoming. For more information about our parent company, please visit Holly Corporation on the Web at www.hollycorp.com. Page last updated: 8/10/09 |
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Did You Know? In pre-pipeline days, teams and wagons moved oil barrels if a well wasn't next to a river bank or navigable creek. Haulage prices were steep - up to over $4 per barrel for long hauls and $1+/barrel for shorter ones. The volatile price of oil compounded the problem. More... |
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