Gold Hydrogen Is An Untapped Resource In Depleted Oil Wells
Cemvita Factory, a biotech firm in Texas, had spritzed a carefully selected combination of bacteria and nutrients down the bore hole. Once inside the well, the microbes began breaking down the residual oil hydrocarbons in there—dregs that would be unprofitable to extract—to generate hydrogen and CO2. This field test in July, though small in scale, was a “huge success,” says chief business officer Charles Nelson. Nelson would not comment on what bacteria and nutrients the company is using, but he says his firm aims to produce hydrogen for $1 per kilogram, which would be competitive against other methods of obtaining the fuel....