Wednesday, May 14, 2025

RBN On Hydrogen -- May 14, 2025

Locator: 48623B.

SIRTRUMP, the art of the deal, and making America great again:

  • in past few days one can see that in many cases Trump sees win-win situations and "nothing" is a zero-sum game
  • friendship, loyalty, respect go a long way in business deals


Saudi photo-ops: must see. One of many examples.

US LNG handshake Louisiana LNG project; link here.

NVDA:

  • CEO announces chip deal with Saudi-backed Humain
  • to power 500MW AI data center,
  • scaling to 1.9 GW by 2023

AMD: hits a three-month high; link here;

  • AMD joins Saudi firm Humain
  • $10-billion push to build AI infrastructure

ARM: cuts into AMD, Intel (INTC) 

China: ????

Russia: ????

  • Ukraine is so much for worse for Russia than Vietnam ever was for US
  • will take decades to recover; media will fail to cover
  • will be a story for Trump's successors twenty years from now

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Back to the Bakken

TXO (not to be confused with XTO):

WTI: $63.21.

New wells:

  • Thursday, May 15, 2025: 38 for the month, 138 for the quarter, 330 for the year,
    • 41037, conf, XTO, HBU Lizette State Federal 21X-16B,
    • 40806, conf, Hess, EN-Horst-LW-154-93-1003H-2,
    • 40493, conf, Oasis, Lee N 5201 21-5 5B,
  • Wednesday, May 14, 2025: 35 for the month, 135 for the quarter, 327 for the year,
    • 40910, conf, BR, Devils Backbone 5D,
    • 40804, conf, Hess, EN-Horst-LW-154-93-1004H-1,
    • 40177, conf, Five States Operating, RH 1-16H,
    • 39981, conf, Zavanna, Collie 13-25 3H,
    • 37575, conf, BR, Keene 21-2 TFH,

RBN Energy: as hydrogen market evolves, best uses will focus on cost, sustainability. Archived.

Hydrogen has a well-established, if limited, role in the modern economy. It has been used in refining and ammonia production for decades, but its potential has long been touted in various areas, including decarbonizing hard-to-abate industrial processes such as steelmaking, as well as in larger roles in heavy-duty transportation and energy storage. The last few years have seen a significant push to expand hydrogen’s role — an attempt to capitalize on its versatility and lack of carbon dioxide (CO2) emissions —  but a number of formidable obstacles to wider adoption remain, including price, availability and infrastructure, in addition to its tenuous political support.
In today’s RBN blog, we look at the challenges that make forecasting the industry’s growth difficult and the emerging consensus around the most practical end uses for hydrogen.

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