Pure Hydrogen has confirmed the initial gas flow testing of its Venus 1 pilot well in Queensland has now been completed with encouraging results.
The well is now shut in and Pure Hydrogen’s technical team and third party consultants will now engage with the Queensland Government to secure the relevant approvals to carry out the prosper stimulation of the target coals to prove commercial gas flow rates.
Project Venus contains high-quality coal seam gas (CSG) with very prospective acreage covering 154km2 which is within the main Walloon CSG Fairway and close to gas infrastructure.
The maiden Venus 1 pilot well was drilled late last year and completed for initial flow test starting in late May 2021.
The initial Venus pilot well test proved gas breakout after 50 barrels of water production with continued gas pressure that was built up and bleed off over the three-month test period.
The early gas breakout confirmed the interpreted high gas saturations of the target upper Walloon coal seams.
The analysis of the flow test data and modelling indicates a more aggressive stimulation method needs to be applied to the target coals for commercial gas flow rates to be achieved, allowing the conversion of contingent resources to reserves.
In addition, the company has also been in discussions with a range of large industrial users for back to base operations that are considering using hydrogen trucks.
Pure Hydrogen has been working closely with well known truck and bus producers and is building a hydrogen eco system that can provide hydrogen solution for vehicles.
The company is also assessing the possibility of converting Venus 1’s gas to a hydrogen source.
Working is commencing on the project and a fuller update is pending.
Managing director Scott Brown said Pure Hydrogen is pleased with the progress on Venus 1 and the results reported are encouraging.
“We can see a clear pathway to commercial gas flows and the certification of material gas reserves of project Venus,” he said.
“Gas prices on the east coat have risen significantly in the last few months, and when coupled with the quality of the Venus project and its potential to be feedstock to create hydrogen fuel, we have multiple catalysts to advance this project to the next stage of development.”