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Friday, February 9, 2024

A Dozen Wells Coming Off Confidential List Over Weekend -- February 9, 2024

Locator: 46767B.

WTI: $76.19

Sunday, February 11, 2024: 28 for the month; 87 for the quarter, 87 for the year
40048, conf, CLR, Harms East Federal 3-33H,
40042, conf, CLR, Quale Federal 5-1H2,
39415, conf, Liberty Resources M&M W 158-93-28-33-3MBH,
39342, conf, Enerplus, Sprint 148-93-04A-09H,
38711, conf, Petro-Hunt, Terres 144-97-18A-19-3H,

Saturday, February 10, 2024: 23 for the month; 82 for the quarter, 82 for the year
40045, conf, CLR, Quale Federal 8-1H2,
40043, conf, CLR, Quale Federal 6-1H,
39416, conf, Liberty Resources M&M W 158-93-28-33-5MBH,
39414, conf, Liberty Resources M&M W 158-93-28-33-2MBH,
39413, conf, Liberty Resources M&M W 158-93-28-33-1MBH,
39344, conf, Enerplus, Pitstop 148-93-04A-09H,
39343, conf, Enerplus, Rally 148-93-04A-09H,
39114, conf, Hess, EN-Hegland-155-94-0508H-7,

Friday, February 9, 2024: 15 for the month; 74 for the quarter, 74 for the year
39752, conf, Slawson, Armada Federal 5-14-18TFH,

RBN Energy: clean hydrogen rules on deliverability to posse new challenges for producers.

The Biden administration has placed some big bets on clean hydrogen, seeing it as a replacement fuel for some hard-to-abate industries and putting it at the heart of its long-term decarbonization efforts. All of these bets are backed by a brand-new tax credit. But the goal isn’t just to drive production of more hydrogen — it’s also to make hydrogen in a specific way, with measurable decreases in greenhouse gas (GHG) emissions. That means producing hydrogen that qualifies for the tax credit is going to be a lot easier said than done. The proposed rules include a concept called deliverability — one of the “three pillars” of clean hydrogen — that adds further challenges to producers hoping to cash in on the tax credit and puts into further peril any number of potential projects. In today’s RBN blog, we’ll explain how deliverability works, how it fits into the proposed rules, and the challenges it will pose for hydrogen producers and power generators alike.

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