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Tidewater Midstream and Infrastructure Ltd. announces agreement to sell Sylvan Lake Gas Processing Facility to Parallax Energy Operating Inc.

BOE Report

(TSX: TWM) CALGARY, AB, July 3, 2025 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Corporation”) (TSX: TWM) is pleased to announce that it has entered into a definitive agreement with Parallax Energy Operating Inc. (“Parallax”) for the sale of its Sylvan Lake gas plant and associated (..)

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Vaquero Midstream’s 76 Miles Powerhouse Pipeline Expansion

Oil Gas Leads

Vaquero Permian Gathering LLC—under the larger Vaquero Midstream banner—is strengthening its Pipeline Addition (PA) footprint with a significant 76 miles of new high-pressure loop pipe, fully detailed in Permit #09432. These areas are cornerstones of the Delaware Basin, where associated gas volumes continue to surge alongside crude output.

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Tidewater to Sell Gas Processing Assets in Alberta

Rigzone

Image by Grigorii_Pisotckii via iStock Tidewater Midstream and Infrastructure Ltd. for the sale of its Sylvan Lake gas plant and associated gas gathering infrastructure for total proceeds of approximately $4 million (CAD 5.5 Image by Grigorii_Pisotckii via iStock Tidewater Midstream and Infrastructure Ltd.

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Permian Growth and Midstream Investment: Enterprise Products Partners’ Expansion Strategy

Oil Gas Leads

oil and gas production. With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations. .”

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100 Mbbl/d increase in Canadian oil sands sends condensate demand up, AECO gas prices down

Enverus

the largest source of gas in Canada, as well as select midstreamers, the companies that gather and process the gas and liquids, Rix said. Due to insufficient growth within the highest-yielding condensate regions of the Montney gas play in B.C. and Alberta, a supply gap will become apparent over the next couple of years.

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Cenovus Energy Leads Q1 2025 Drilling Activity in Western Canada

Oil Gas Leads

emerged as the top driller in Western Canada during Q1 2025, maintaining robust activity levels across its oil sands and conventional heavy oil assets. The company recorded 266 drilling operations in Q1 2025, marking a 9% increase from 244 in Q1 2024 Oil Gas Leads. billion in 2025. Cenovus Energy Inc. billion to $5.0

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Exploring the Future of Canadian Oil Sands and Montney Plays

Enverus

As Montney E&Ps pivot towards condensate-directed drilling, they will likely produce large quantities of associated gas. This could lead to an oversupply of cheap gas, putting downward pressure on AECO hub prices. Figure 2: Canadian bitumen, condensate and associated gas growth projections through 2030.

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