trending Market Intelligence /marketintelligence/en/news-insights/trending/rXcitscAKuy4OZ9Qi7C9iA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Tidewater Midstream selling cogeneration units at Pipestone gas plant for C$85M

As COVID-19 Wears On, Regulators Examine Moratorium Extensions, Cost Recovery

Essential Energy Insights - June 11, 2020

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions

Essential Energy Insights - May 28, 2020


Tidewater Midstream selling cogeneration units at Pipestone gas plant for C$85M

Calgary, Alberta-headquartered Tidewater Midstream and Infrastructure Ltd. agreed to sell 32 MW of cogeneration units, totaling 32 MW, at its Pipestone gas plant to Kineticor Resource Corp. for C$85 million.

Along with this divestment, Tidewater Midstream agreed to pay fixed payments to Kineticor in exchange for supply power to the Pipestone gas plant upon its completion, according to a March 25 news release. The plant, which remains on budget, is expected to be commissioned in the third quarter of 2019.

The company maintained its guidance of C$30 million to C$35 million adjusted EBITDA contribution from the plant. Expected adjusted EBITDA contribution is based on approximately 100 MMcf/d of contracted volume at market rates.

Tidewater Midstream plans to use portion of the sale proceeds to begin scoping additional sour gas processing, natural gas storage and liquids handling capacity at Pipestone. Remaining proceeds will be used to fund Tidewater's ongoing capital program through 2019.