Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Texas  + Houston-Galveston  + Industrial  | 

Plans Are Afoot for Lower-Carbon Gas Manufacturing Facility

The Odessa Development Corporation and Houston-based Nacero Inc. plan to build a $6.5 to $7 billion lower carbon gasoline manufacturing facility at a site in Penwell, TX in two phases. Construction is slated to begin before the end of this year.

Phase one will produce 70,000 barrels per day of gasoline component (ready for blending). Phase two will increase that capacity to 100,000 barrels per day.

The gasoline produced at the facility will contain no sulfur and have half the lifecycle carbon footprint of traditional gasoline. The gasoline will be made from a combination of natural gas, captured bio-methane and mitigated flare gas.

Nacero gasoline will be useable in today’s cars and trucks without modification, sold locally in addition to being distributed widely, and cost competitive with traditional gasoline. Construction of the Penwell facility will employ a peak of 3,500 skilled workers during the four years of phase one construction. When fully operational, the plant will employ 350 full-time operators and maintenance personnel in three shifts with a projected annual salary of approximately $85,000 per person.

Nacero is planning additional facilities in Pennsylvania and Arizona.


Inside The Story

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.