Capital Markets | Private Equity Activity
Caballo Energy Builds New Mississippi Lime and Cana Woodford Processing Plant
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Caballo Energy, LLC (Caballo) announced today that the company is building a new cryogenic processing plant to serve expanding natural gas production in the liquids-rich Mississippi Lime and Cana Woodford Shale plays. Known as the Carmen Gas Processing Plant, the new facility will have the capacity to process 60 million cubic feet of natural gas per day (MMcf/d), bringing Caballo’s processing capacity in the region to approximately 100 MMcf/d.
The Carmen plant will be in service by the end of the first quarter of 2013. The plant is strategically located near Carmen, Oklahoma, at the intersection of the liquids-rich Mississippi Lime and Cana Woodford Shale plays. The 160-acre site allows for the construction of a second cryogenic processing plant at the same location.
The new Carmen plant…
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