Caiman Energy Investing $1.3B in Midstream Facilities in WV

Caiman Energy plans to bring its total investment in natural gas processing (“midstream”) facilities in Marshall County, WV to $1.3 billion by the end of 2014. At midstream processing plants like the ones operated by Caiman, raw natural gas is processed to separate out methane from other components like ethane, propane, butane and pentane, or “natural gas liquids.” The liquids are sent to another facility for fractionation, to separate them from one another. Ethane then goes to a cracker plant where it is “cracked” or transformed into ethylene, used for making plastics.

Caiman is expanding its current processing facilities and building a new fractionation facility in Marshall County and spending nearly as much on their projects ($1.3 billion) as the much anticipated cracker plant that will be built by Shell somewhere in the Marcellus Shale region ($1.5-$2.0 billion).

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