Getech has recently published a white paper on helium exploration. This document delves into the current helium market, the geological systems that produce helium, and the synergy between helium and natural hydrogen exploration.
Getech leverages its extensive geoscience expertise, Globe geoscience platform, and advanced machine learning analytics to predict the locations of subsurface helium deposits. With over 30 years of experience in the hydrocarbon space, Getech uses its knowledge of hard-rock source formations and soft-rock reservoir and trapping mechanisms to map essential components of natural helium systems. This capability has secured clients like Helium One, for whom Getech conducted a detailed multi-phased project in Tanzania.
The advanced analytical workflow designed for Helium One, which includes 3D inversions of full tensor gradiometry and magnetic data, is repeatable and applicable across various projects. This repeatability is crucial for scalability and broader application in the industry.
Helium is a critical raw material with applications across multiple sectors, including medical, electronic, aerospace, nuclear, and telecommunications. The global helium market, valued at approximately 5.0 billion euros, is growing at a CAGR of 5-7.5%, with demand outpacing supply. This imbalance highlights the strategic importance of efficient helium exploration techniques.
Getech’s focus on helium comes at a time when the world is increasingly turning towards sustainable energy sources. The exploration of natural hydrogen, which shares production similarities with natural gas, presents an economically and environmentally friendly alternative to fossil fuels. Getech’s dual focus on helium and hydrogen exploration positions the company to benefit from both markets, potentially enhancing the economic viability of white hydrogen extraction by capitalizing on helium byproducts.
In comparison to other players in the hydrogen and helium sectors, Getech’s integration of advanced geoscience techniques and machine learning analytics is noteworthy. However, it’s essential to evaluate these achievements against broader industry standards and benchmarks.
The global push towards hydrogen as a sustainable energy source is marked by substantial investments in research and development. For instance, the European Union’s Hydrogen Strategy aims to install at least 6 GW of renewable hydrogen electrolyzers by 2024. Against such ambitious benchmarks, Getech’s current projects, while technologically advanced, represent a step within a larger framework of ongoing global efforts.
Getech’s work in co-locating helium and natural hydrogen resources highlights a strategic approach to resource exploration. By offering co-location services, Getech can potentially increase the efficiency and economic returns of their exploration projects. This approach is particularly relevant as both helium and hydrogen are critical components in the global energy transition.
