Gold H2, a Houston-based clean hydrogen producer, has officially launched its Black 2 Gold Technology (B2G). This proprietary biotech process converts crude oil into Gold Hydrogen®, offering it to select oil and gas owners for pilot demonstrations. The company has signed a significant memorandum of understanding (MOU) with a major US oil and gas firm, initiating a series of pilots with leading oil majors over the next year.
Gold H2 aims to demonstrate its pioneering Gold Hydrogen® biotechnology in commercial pilots, targeting a production cost of $0.80/kg, significantly cheaper and cleaner than current alternatives. This technology promises to transform uneconomical oil wells into efficient hydrogen production assets, thereby reshaping the traditional oil and gas industry and advancing the clean energy transition.
Using its B2G technology, Gold H2 converts depleted oil reservoirs into hydrogen biorefineries, focusing on reservoirs suitable for waterflooding with specific temperature and dissolved solids conditions. Their Mobile Microbe Manufacturer (M3) facilitates onsite fermentation, injecting tailored microbes and nutrients to initiate hydrogen production with minimal equipment and non-GMO microbes, ensuring corrosion and biofouling mitigation.
The MOU signals the start of waterflood pilots, paving the way for large-scale commercial deployment. Gold H2’s momentum is further bolstered by recent leadership appointments and ongoing discussions with industry leaders globally.
By leveraging its microbial technology, Gold H2 accelerates the energy transition by repurposing depleted oil assets into renewable, cost-effective Gold Hydrogen® production centers. This approach not only creates new revenue streams for the oil and gas industry but also addresses environmental concerns associated with idle oil wells.
“We are excited to introduce our Gold Hydrogen® technology, leveraging natural resources to produce the cleanest and most cost-effective hydrogen fuel available today,” said Alicia Dinges, Head of Business Development at Gold H2. “Our efforts over the past years have positioned us to lead in this space, with projects underway globally. We are committed to partnering with the oil industry to unlock new energy opportunities sustainably.”
About Gold H2:
Gold H2, headquartered in Houston, specializes in converting depleted oil wells into sources of clean hydrogen through its Black 2 Gold Technology, offering Gold Hydrogen® at a competitive rate of $0.80/kg.
