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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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Energy Transfer to Bolster Gathering Network in the Delaware and Anadarko Basins

Oil Gas Leads

Energy Transfer (NYSE: ET) continues to scale its natural gas infrastructure footprint in Texas, receiving approval from the Railroad Commission of Texas (RRC) for a sweeping pipeline permit that spans more than 8,100 miles. For example, permit T10568 (an interstate gas gathering system) is being merged into intrastate permit T09207.

Basin 52
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Pantheon Resources Pushes Ahead with Dubhe-1 Drilling on Alaska’s North Slope

Oil Gas Leads

In May, the company reported that Megrez-1 produced over 2,000 barrels per day of liquids—but no meaningful oil or gas. In addition to the primary Ahpun Topset target, Dubhe-1 will test three additional zones and may undergo a lateral completion and long-term flow test to confirm oil deliverability and gas quality.

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Two Gunslingers - The Duel Over Moving Bakken Shale NGLs to Downstream Fractionators

RBN Energy

Associated gas production in the Bakken Shale continues to increase and, with more NGL pipeline capacity coming online and a new option on the horizon, there’s a gunfight brewing between two of the U.S.’s s largest midstreamers. As we discuss in today’s RBN blog, Kinder is the first to challenge ONEOK in this space.

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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 MORE FROM THIS AUTHOR Rocky Teodoro Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!

Gas 67
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100 Mbbl/d increase in Canadian oil sands sends condensate demand up, AECO gas prices down

Enverus

The report examines the effects on AECO hub gas pricing, the Canadian benchmark price for natural gas, from what is expected to be exceptional levels of condensate-directed Montney drilling in the coming years. Due to insufficient growth within the highest-yielding condensate regions of the Montney gas play in B.C.