North Dakota road conditions today:
Keyless entry: our apartment complex has gone keyless!
- SmartRent! Link here to the ad.
Flightradar24, link here, fight's on!
- Redeye6 -- USAF Boeing E-8C Joint Stars, departing Ramstein, Germany;
- with how many fighters do you think? and,
- 23155 -- unidentified; departing Sevastopol. Link here.
- Noble 42 -- USAF B-52 on its way from Spain to Norway.
Lost US drone: a lot of finger-pointing, but the USAF (specifically General Milley) in this case, blew it. Not Austin III. Not the president (that would be Biden).
Get Up! I haven't watched sports talk television since the Super Bowl, but today I'm tuning in:
- the Cowboys released Zeke Elliott; and,
- March Madness commences
Dividends:
- where investors are parking their cash now -- Barron's;
- spoiler alert: money-market funds
- and, how long have I been saying this, LOL -- Barron's.
My favorite chart: will soon be updated --
- link here; should be updated within the next few days;
Dividends:
- I'm way overweight in a certain blue-chip stock;
- I keep telling myself not to buy any more;
- its dividend: pays greater than 7%;
- yeah, I'll be buying more.
Disclaimer: this is not an investment
site. Do not make any investment, financial, job, career, travel, or
relationship decisions based on what you read here or think you may have
read here.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
I can't say it enough: thank you to all my twitter followers.
*****************************
Back to the Bakken
Active rigs: 45.
Peter Zeihan newsletter.
WTI: $67.52.
Natural gas: $2.503
Friday, March 17, 2023: 56 for the month; 218 for the quarter, 218 for the year
38656, conf, Oasis, Ramirez 5196 42-32 2B, followed here;
38652, conf, Oasis, Ramirez 5196 42-32 6BX, a section line well; , followed here;
37649, conf, BR, Tailgunnerr2E TFH,
39151, conf, Petro-Hunt, USA 146-97-29A-32-3H,
39141, conf, CLR, Micahlucas 10-5H1, to be tracked here?
39127, conf, Crescent Point Energy, CPEUSC Szarka 2-36-25-159N-100W-MBH,
37650, conf, BR, Tailgunner 2F MBH-ULW,
37570, conf, Iron Oil Operating, Antelope 2-31-30H,
RBN Energy: HIF Global advancing plans for first world-scale EFuels plant, part 2.
As the push for decarbonization in the transportation sector gathers momentum, electrofuels — also known as eFuels, which are produced by using electricity to combine the hydrogen molecules from water with the carbon from carbon dioxide (CO2) — are beginning to attract attention as an alternative fuel with three important selling points in today’s environment.
First, eFuels are available now and can be made with current technology, although there is a lot of room for future improvements and growth. Second, because they are considered drop-in replacements, they are essentially indistinguishable from the fossil-based conventional fuels in use today, which means they can be used without any changes to the existing energy infrastructure. Third, they can capitalize on a rapidly growing set of hydrogen and CO2 suppliers eager to secure a diversified set of offtakers. In today’s RBN blog, we look at HIF Global’s approach to eFuels production, its demonstration plant in Chile and its big plans for Texas and beyond.
The Texas connection:
The demonstration plant is just a starting point for HIF Global.
Next, let’s look at what HIF USA has in mind for Texas, where its first world-scale facility is being planned for Matagorda County, southwest of Houston.
The project is expected to cost about $6 billion, with construction beginning in Q1 2024 and production commencing in 2027.
Similar to Haru Oni, Chile (about as far south on the continent as one can get), the production process will use captured CO2 and green hydrogen to make low-carbon fuels. HIF USA said February 23, 2023, it is working with Texas-based Denbury to source and transport up to 2 million tons per annum (MMtpa) of CO2 captured from industrial sources.
Denbury is a leader in carbon capture, use and storage (CCUS) and has operations in the Gulf Coast and Rocky Mountain regions, and already sequesters more than 4 MMtpa of CO2 captured from industrial sources. HIF also plans to work with point sources within proximity of the facility to engineer and install carbon-capture equipment to source more CO2 supply.
To boost its carbon-capture efforts, HIF USA said March 7 that it had also reached an agreement with Baker Hughes to cooperate on developing its Mosaic DAC technology to accelerate deployment at commercial scale. HIF USA said the technology could be deployed at the Haru Oni and Matagorda County locations.
HIF USA is working with Bechtel, Siemens Energy and Topsoe on the Texas facility’s front-end engineering and design (FEED). Bechtel will conduct the engineering and design of the overall facility, while Siemens Energy will be responsible for the engineering and design of its proprietary Silyzer 300 electrolyzers required to produce approximately 300,000 tons per year of green hydrogen at Matagorda. (HIF and Siemens Energy announced March 8 the execution of a manufacturing capacity expansion agreement to ensure the supply of electrolyzers required for the Matagorda project are available.) Topsoe will provide engineering and design for the methanol and methanol-to-gasoline processes, which will combine the green hydrogen and CO2 to produce approximately 1.4 million tons of eMethanol, which would then be synthesized into 750 million liters (200 million gallons) per year of carbon-neutral fuels, most of which will be eGasoline.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.