Formed In December 2012 Blue Racer Midstream is a $1.5 billion joint venture between Caiman Energy II, LLC and Dominion (NYSE: D) dedicated to providing Utica Shale producers with midstream services and the ability to receive the highest value for their products. Known for its speed, the blue racer snake is indigenous to Ohio and the source of our name. With midstream assets already strategically located in the heart of the Utica and a robust expansion plan in place to serve production from both the Utica and rich gas regions in the Marcellus Shale, the services provided by Blue Racer's supersystem of assets include natural gas gathering, compression, treating, processing and transportation; condensate handling; and the fractionation, storage, transportation and marketing of natural gas liquids. Blue Racer's management team has a strong history of rapid execution and the necessary capital, we are dedicated to keeping pace with producer drilling schedules in the Utica and Marcellus shale plays, and providing our customers with maxium flexibility.
Dominion contributed existing midstream assets to Blue Racer including more than 500 miles of gathering lines that span the Utica Shale, the Natrium Natural Gas Processing & Fractionation Plant in Marshall County, West Virginia, and a Dominion Transmission pipeline connecting Natrium to the Dominion East Ohio gathering system. Caiman’s contribution includes $800 million in equity capital commitments and the experience and expertise required to manage and expand Dominion’s asset base.
Our Natrium complex in Marshall County West Virginia houses Natruium I and Natrium II. Both are 200 million cubic feet per day (MMcf/d) cryogenic processing plants. Natrium also houses a 46,000 barrel per day (Bbls/d) fractionator. Immediate expansion plans include construction of the Western Connector pipeline and expansion to 126,000 Bbls/d in fractionation capacity at Natrium by March 2015. Construction of an additional 200 MMcf/d processing plant is underway at our Berne complex in Monroe County, Ohio. Berne I is expected to come online later this year. Additional processing facilities are expected. Together the Natrium and Berne sites are large enough to accommodate 1 Bcf/d in processing capacity as activity in the play expands.