The Lone Cypress Hydrogen Project represents a partnership between Lone Cypress and Carbon TerraVault JV Holdco, LLC (“CTV”), a joint venture between California Resources Corporation (“CRC”) and Brookfield Renewable. The project aims to be the first blue hydrogen project in the state of California and one of the largest sources of liquified hydrogen in the Western United States. At 65 metric tons per day of hydrogen production, the facility will support the decarbonization of emissions-intensive sectors like heavy duty transportation, power generation, and industrial manufacturing. The project will leverage carbon sequestration assets currently in development by CTV in addition to being strategically located at the Elk Hills Field in Kern County, CA.

“CTV is pleased to be working with Lone Cypress to develop its blue hydrogen facility at our Elk Hills Field. The completion of the FEED study brings us one important step closer to enabling the net zero energy economy and advancing the energy transition in California and beyond,” said Francisco Leon, CRC President and Chief Executive Officer. – “Kern County, California”