THE WOODLANDS, TX, November 28, 2023 – ChampionX Corporation (NASDAQ: CHX) and Gold H2, Inc. (GH2) announce a strategic collaboration, which commenced on November 9, on field trials of GH2’s novel hydrogen production technology.
GH2, a subsidiary of Houston-based Cemvita Factory Inc., is working to advance the energy transition through its tailored subsurface microbiology solutions that use the power of microorganisms to enable in-situ hydrogen production from depleted or uneconomical oil reservoirs, known as Gold HydrogenTM.
ChampionX complements GH2 with a portfolio of services and chemical technologies that optimize and enhance production from oil and gas reservoirs. As a market leader with expertise spanning the oil and gas lifecycle and a footprint in every major producing area, ChampionX is equipped to support GH2 through these exciting field trials.
The collaboration between GH2 and ChampionX has potential to push the energy transition forward by driving innovation in applied microbiology and oil and gas operations. GH2’s novel technology, complemented with ChampionX’s production expertise, provides a strong foundation for testing this technology.
English 
Spanish