Big Opportunity in the Resource-Rich West
Product Mix isCustomizable with
H1 Energy
With H1 Energy technology, production can be “tuned” to produce different outputs depending on economics.After initial start up, the heat required for gasification is provided “free” from production and the sub-surface environment is readied for carbon sequestration.
H1 Energy ClearGEN Technology is a Game Changer
- H1 Energy owns a breakthrough patented technology for in-situ shale gasification from marlstone oil shale
- H1 Energy's Initial target is the Green River Formation in Utah, Wyoming and western Colorado, which is estimated to contain >1 trillion barrels of recoverable oil, hydrogen, and natural gas.
- Global reserves are estimated at ~5 trillion barrels with focus areas including western Canada and the Middle East, Australia, Brazil, and 33 other countries.
- Technology has been proven through laboratory stage – next step is field pilot operations.
- Technology Benefits
- + Excellent production economics – extraction costs of <$30/barrel
- + Lower environmental footprint – closed loop system with no water usage + Coupled with multiple options for a heat source, the process can generate massive amounts of electricity, hydrogen, low carbon natural gas, and high grade crude oil …. With very low carbon footprint
- + Product mix can be “tuned” to produce more hydrogen
- + Depleted reservoir is a perfect vehicle for CO2 sequestration
Green River Hydrogen Hub is Part of Vast American Source
Of Hydrogen From H1 Energy
The United States Geological Survey estimated there are 3 trillion equivalent barrels of Marlstone oil shale in the US alone and approximately five trillion barrels worldwide.
Much of the U.S. resources is centered in Colorado, Utah, and Wyoming.Successful production will turn the Green River Basin into a hydrogen hub.