Hess Reports Another Nice Manitou Well; Active Rig Count At Seventeen -- May 6, 2021

Dow: opens at record high. First record since April 16, 2021.

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Active rigs: 

$65.36	5/6/2021	05/06/2020	05/06/2019	05/06/2018	05/06/2017
Active Rigs	17	22	62	62	49

Two wells coming off confidential list -- Thursday, May 6, 2021: 11 for the month, 35 for the quarter, 116 for the year:

• 37831, drl/NC, WPX, Dakota 1-36HW, Mandaree, no production data,
• 36602, F/A, Hess, EN-Anderson-LE-156-94-1820H-9, Manitou, first production, 11/20; t--; cum 77K 3/21;

RBN Energy: a review of hydrogen production pathways. 

It’s been two weeks since our last blog on hydrogen, so we’re back again with the latest installment of what has become something of a “Hydrogen 101” course. As with any college course, the time comes to review some material, in preparation for what will be our “final” on the subject, a one-day virtual conference in late June.

No, today’s blog won’t be a repeat of what we discussed before, but we thought it would be helpful to look over the various hydrogen production pathways we have discussed so far this year, this time focusing on the drivers, advantages and disadvantages, and how they relate to each other. Finally, we will also review the general carbon intensity of each approach to producing H₂, a method that we think will eventually replace the somewhat flawed hydrogen “color” scheme. In today’s blog, we draw upon our recent coverage of hydrogen production technologies and put them in perspective.