Locator: 48524B.
Measles: measles outbreak in Texas. Everything suggests we'll be seeing more of this under the Trump administration.
AI: France, UAE agree to collaborate on major 1 GW AI data center. Links everywhere. WSJ here.
To
finance the first tranche of construction, FluidStack said it plans to
deploy its own cash and secure loans for $10.3
billion. It said talks are continuing with some of the world’s largest
AI developers about using the new facility, which could house around
120,000 of Nvidia’s AI chips in its first phase and some 500,000 by 2028
if the site is fully built out.
The company said it could further
expand to a 10 gigawatt facility, 10 times larger, by 2030.
Much
of the financing is necessary to purchase the chips, which have been in
short supply in recent years amid the AI boom. AI-computing companies
such as CoreWeave have pioneered new financing vehicles
secured by Nvidia’s chips and contracts with AI developers to raise
billions of dollars for new data centers, something FluidStack said it
plans to do as well.
FluidStack
said it is in regular contact with Nvidia about the project and has no
worries about being able to finance or get access to the chips. “Nvidia
has told me that they will send those chips when we need them,” César Maklary, the company’s co-founder and president, said in an interview. Nvidia declined to comment on the deal.
Tesla: TSLA fell 1.5% in premarket trading. Shares of the electric-vehicle company
fell 10% last week, including a 3.4% decline on Friday after data from
China revealed Tesla sales in the country during January fell 11.5% from
a year earlier.
Super Bowl ads: few auto ads and no (?) EV ads -- Bloomberg. Archived.
- commercial air time bought by carmakers
- Jeep: one exception; long commercial; Harrison Ford; your choice: ICE and plug-in hybrid models (not real EVs)
- no Tesla ads
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Back to the Bakken
WTI: $71.96.
New wells:
- Tuesday, February 11, 2025: 15 for the month, 61 for the quarter, 61 for the year,
- 40842, conf, CLR, Catron 2-26H,
- Monday, February 10, 2025: 14 for the month, 60 for the quarter, 60 for the year,
- 40851, conf, CLR, Taney 2-23HSL,
- 39844, conf, CLR, Harms West Federal 9-32H2,
- Sunday, February 9, 2025: 12 for the month, 58 for the quarter, 58 for the year,
- 22204, conf, BR, Manchester 24-9MBH,
- Saturday, February 8, 2025: 11 for the month, 57 for the quarter, 57 for the year,
- 40427, conf, Grayson Mill, Alfred North 17-15 2H,
- 38359, conf, Petro-Hunt, Sherven Trust 153-95-27A-26-1HS,
- 36622, conf, BR, West Kellogg 2A-UTFH,
RBN Energy: Haynesville gas producers hold steady ahead of expected LNG export surge.
Producers in the Haynesville Shale had anticipated that growth in LNG
exports in 2024 would goose prices and propel the play’s role as a
crucial source of LNG feedgas. Instead, lackluster demand, exacerbated
by delays at the Golden Pass LNG project, contributed to
lower-than-expected natural gas prices, which caused some producers to
scale back drilling plans and trimmed Haynesville production from about
16 Bcf/d in the first half of 2023 to less than 14 Bcf/d by the end of
2024. So, what do they have planned for 2025? In today’s RBN blog, we’ll
discuss the Haynesville’s promise and challenges and highlight what
E&Ps there are planning.
