The Shoe

The field of natural hydrogen exploration is currently experiencing a surge in global interest, with a notable focus on Australia, where recent legislative changes have created opportunities for exploration initiatives. But how can we effectively pursue this non-petroleum gas resource?

Australia boasts the largest resource of fluid inclusion data in the world, with more than 800 wells,
leading the way in application by the oil and gas industry. These datasets can add tremendous value to the exploration and development of oil and gas fields and the assessment for potential geological storage of CO2.

In 2015 ExxonMobil discovered oil in the Stabroek Block in the deep water of Guyana, South America.  Subsequent discoveries have resulted in announced reserves of 10+ billion barrels.  First oil commenced in December 2019 with a second development coming online February 1922.  Current production capacity is 340,000 barrels per day with additional developments in progress.