Gold Hydrogen has taken a significant step towards exploring natural hydrogen and helium resources in South Australia by contracting Terrex to conduct a 2D regional seismic survey over its Ramsay Project.
The survey, covering approximately 650 line kilometers within the PEL 687 license area, is expected to provide crucial geological insights. Terrex, a leading onshore seismic survey acquisition specialist in Australia, will execute the survey. Additionally, Total Seismic has been contracted to assist with data interpretation, project management, and modeling.
This data, combined with historical and recent well data, will support the development of a comprehensive regional geological model, guiding the selection of drilling locations for the next campaign.
While the Ramsay Project holds promise, it is essential to contextualize Gold Hydrogen’s efforts within the broader industry benchmarks. Seismic surveys are a standard initial step in hydrocarbon exploration, providing a non-invasive means to map subsurface geology. The success of these surveys often determines the feasibility and direction of subsequent drilling operations.
In the context of the hydrogen energy sector, Gold Hydrogen’s focus on natural hydrogen and helium sets it apart. Most hydrogen projects globally are centered on green hydrogen, produced via electrolysis using renewable energy. The natural hydrogen approach, although less common, offers a potentially lower-cost and more straightforward production method if viable reservoirs can be identified and efficiently exploited.
The second phase of exploration well testing, scheduled to begin in early July, is poised to provide further insights. This stage involves mobilizing and installing a pump to lift formation water to the surface, potentially facilitating free gas flow. Success in this phase could significantly bolster the project’s prospects.
Gold Hydrogen’s proactive approach in leveraging modern seismic technology and expert partnerships positions it well within the competitive landscape of hydrogen exploration. However, the real test will come with the ability to convert these preliminary findings into commercially viable operations.
