DiagnaMed and TerraVent Announce Strategic Collaboration for Next-Generation Clean Hydrogen Production
DiagnaMed Holdings Corp. (DGNMF) has announced a strategic collaboration with TerraVent Environmental Inc. to advance two hydrogen production technologies. The first technology, developed by Dr. Qingwang Yuan at Texas Tech University, combines hydraulic fracturing with electromagnetic heating to extract hydrogen from oil, gas, and shale reservoirs at costs as low as $0.86 per kilogram.
The second technology, developed by TerraVent, stimulates naturally occurring hydrogen generation using electromagnetic heat, with expected production costs at approximately half of the U.S. Department of Energy's $1/kg goal for 2031. The partnership will leverage existing infrastructure, including over 25,000 active oil and gas fields globally and 2-3 million abandoned wells in the United States.
This collaboration builds on DiagnaMed's recent partnership with Québec Innovative Materials Corp. at their St-Bruno-de-Guigues Hydrogen Project, where test results showed hydrogen concentration measurements reaching 7,119 ppm and maintaining 2,886 ppm, with several other measurements above 550 ppm.
DiagnaMed Holdings Corp. (DGNMF) ha annunciato una collaborazione strategica con TerraVent Environmental Inc. per promuovere due tecnologie di produzione di idrogeno. La prima tecnologia, sviluppata dal Dr. Qingwang Yuan presso la Texas Tech University, combina il fracking idraulico con il riscaldamento elettromagnetico per estrarre idrogeno da giacimenti di petrolio, gas e scisti a costi che possono scendere fino a $0.86 per chilogrammo.
La seconda tecnologia, sviluppata da TerraVent, stimola la generazione naturale di idrogeno utilizzando il calore elettromagnetico, con costi di produzione previsti a circa la metà dell'obiettivo di $1/kg fissato dal Dipartimento dell'Energia degli Stati Uniti per il 2031. La partnership sfrutterà le infrastrutture esistenti, compresi oltre 25.000 campi attivi di petrolio e gas a livello globale e tra 2-3 milioni di pozzi abbandonati negli Stati Uniti.
Questa collaborazione si basa sulla recente partnership di DiagnaMed con Québec Innovative Materials Corp. nel loro progetto di idrogeno a St-Bruno-de-Guigues, dove i risultati dei test hanno mostrato misurazioni della concentrazione di idrogeno che hanno raggiunto 7.119 ppm e mantenuto 2.886 ppm, con diverse altre misurazioni superiori a 550 ppm.
DiagnaMed Holdings Corp. (DGNMF) ha anunciado una colaboración estratégica con TerraVent Environmental Inc. para avanzar en dos tecnologías de producción de hidrógeno. La primera tecnología, desarrollada por el Dr. Qingwang Yuan en la Universidad Tecnológica de Texas, combina la fracturación hidráulica con el calentamiento electromagnético para extraer hidrógeno de reservorios de petróleo, gas y esquisto a costos tan bajos como $0.86 por kilogramo.
La segunda tecnología, desarrollada por TerraVent, estimula la generación natural de hidrógeno utilizando calor electromagnético, con costos de producción esperados en aproximadamente la mitad del objetivo del Departamento de Energía de EE. UU. de $1/kg para 2031. La asociación aprovechará la infraestructura existente, incluidos más de 25,000 campos activos de petróleo y gas a nivel mundial y entre 2-3 millones de pozos abandonados en los Estados Unidos.
Esta colaboración se basa en la reciente asociación de DiagnaMed con Québec Innovative Materials Corp. en su proyecto de hidrógeno en St-Bruno-de-Guigues, donde los resultados de las pruebas mostraron mediciones de concentración de hidrógeno que alcanzaron 7,119 ppm y mantuvieron 2,886 ppm, con varias otras mediciones por encima de 550 ppm.
DiagnaMed Holdings Corp. (DGNMF)는 TerraVent Environmental Inc.와 함께 두 가지 수소 생산 기술을 발전시키기 위한 전략적 협력을 발표했습니다. 첫 번째 기술은 텍사스 공대의 Qingwang Yuan 박사가 개발하였으며, 유압 파쇄와 전자기 열을 결합하여 석유, 가스, 셰일 저장소에서 수소를 꺼내는 것으로, 비용은 킬로그램당 $0.86까지 낮출 수 있습니다.
두 번째 기술은 TerraVent에서 개발하였으며, 전자기 열을 이용하여 자연적으로 발생하는 수소 생성 자극을 합니다. 예상 생산 비용은 2031년까지 미국 에너지부의 $1/kg 목표의 약 절반에 달할 것으로 보입니다. 이 파트너십은 전 세계에서 25,000개 이상의 활성 석유 및 가스 필드와 미국 내 200만에서 300만 개의 폐쇄된 우물을 포함한 기존 인프라를 활용할 것입니다.
이 협력은 DiagnaMed가 Québec Innovative Materials Corp.와 St-Bruno-de-Guigues 수소 프로젝트에서 최근에 체결한 파트너십에 기반을 두고 있으며, 테스트 결과에서 수소 농도 측정이 7,119 ppm에 도달하고 2,886 ppm을 유지하며 550 ppm 이상의 다양한 다른 측정값이 나타났습니다.
DiagnaMed Holdings Corp. (DGNMF) a annoncé une collaboration stratégique avec TerraVent Environmental Inc. pour faire progresser deux technologies de production d'hydrogène. La première technologie, développée par le Dr Qingwang Yuan à l'Université Texas Tech, combine le fracturation hydraulique avec le chauffage électromagnétique pour extraire de l'hydrogène des réserves de pétrole, de gaz et de schiste à des coûts aussi bas que 0,86 $ par kilogramme.
La deuxième technologie, développée par TerraVent, stimule la génération naturelle d'hydrogène en utilisant de la chaleur électromagnétique, avec des coûts de production prévus à environ la moitié de l'objectif de 1 $/kg fixé par le Département de l'Énergie des États-Unis pour 2031. Le partenariat profitera des infrastructures existantes, y compris plus de 25 000 champs de pétrole et de gaz actifs dans le monde et entre 2 et 3 millions de puits abandonnés aux États-Unis.
Cette collaboration s'appuie sur le partenariat récent de DiagnaMed avec Québec Innovative Materials Corp. dans leur projet d'hydrogène à St-Bruno-de-Guigues, où les résultats des tests ont montré des mesures de concentration d'hydrogène atteignant 7 119 ppm et maintenant 2 886 ppm, avec plusieurs autres mesures au-dessus de 550 ppm.
DiagnaMed Holdings Corp. (DGNMF) hat eine strategische Zusammenarbeit mit TerraVent Environmental Inc. angekündigt, um zwei Wasserstoffproduktionstechnologien voranzubringen. Die erste Technologie, entwickelt von Dr. Qingwang Yuan an der Texas Tech University, kombiniert hydraulisches Fracking mit elektromagnetischer Erwärmung, um Wasserstoff aus Öl-, Gas- und Schieferlagerstätten zu gewinnen, und das zu Kosten von bis zu 0,86 $ pro Kilogramm.
Die zweite Technologie, entwickelt von TerraVent, regt die natürlich vorkommende Wasserstofferzeugung durch elektromagnetische Wärme an, wobei die erwarteten Produktionskosten in etwa der Hälfte des Ziels des US-Energieministeriums von 1 $/kg für 2031 liegen. Die Partnerschaft wird bestehende Infrastrukturen nutzen, darunter über 25.000 aktive Öl- und Gasfelder weltweit und 2-3 Millionen verlassene Brunnen in den Vereinigten Staaten.
Diese Zusammenarbeit baut auf DiagnaMeds jüngster Partnerschaft mit Québec Innovative Materials Corp. in ihrem Wasserstoffprojekt in St-Bruno-de-Guigues auf, wo Testergebnisse zeigten, dass die Wasserstoffkonzentrationsmessungen 7.119 ppm erreichten und 2.886 ppm aufrechterhielten, mit mehreren anderen Messungen über 550 ppm.
- Development of low-cost hydrogen production technology at $0.86/kg, well below DOE's 2031 target of $1/kg
- Ability to leverage existing infrastructure of 25,000+ active oil fields and 2-3M abandoned wells
- Successful test results at St-Bruno-de-Guigues project showing high hydrogen concentration (7,119 ppm)
- None.
TORONTO, Jan. 22, 2025 (GLOBE NEWSWIRE) -- DiagnaMed Holdings Corp. (“DiagnaMed” or the “Company”) (CSE: DMED) (OTCQB: DGNMF), a leading provider of innovative technology solutions for the cleantech and life sciences industries, is proud to announce a strategic collaboration with TerraVent Environmental Inc. (“TerraVent”). This partnership will advance the evaluation and integration of two ground-breaking hydrogen production technologies with TerraVent’s proprietary Heatwave® electromagnetic thermal tools in both petroleum reservoirs and geologic hydrogen producing geologies. Together, this collaboration will produce low-cost, carbon-zero hydrogen, revolutionizing traditional methods and significantly reducing greenhouse gas emissions.
Revolutionizing Hydrogen Production
This strategic alliance underscores DiagnaMed’s commitment to commercializing its breakthrough hydrogen production processes.
The first technology, pioneered by Dr. Qingwang Yuan of the HOPE Group at Texas Tech University, is an innovative method combining hydraulic fracturing with electromagnetic heating to efficiently extract hydrogen from light oil, gas, and shale reservoirs. By repurposing existing oil and gas infrastructure, including over 25,000 active oil and gas fields globally and the 2-3 million abandoned wells in the United States, this technology can be implemented far more quickly than technologies still in the ideation stage, positioning DiagnaMed at the forefront of the clean hydrogen revolution. With projected hydrogen production costs as low as
The second, developed in-house at TerraVent, stimulates naturally occurring hydrogen generation (“White”, Natural”, or Geologic” Hydrogen) with small amounts of zero-Carbon ElectroMagnetic (“EM”) heat. TerraVent’s novel process, combined with their existing EM heating systems, increases the production of geologic hydrogen, bringing marginal production sites to full commercial viability. Hydrogen production costs for enhancing natural production of Hydrogen are expected to be even lower than production from hydrocarbon reservoirs, close to half the
Driving Innovation Through Strategic Partnerships
This collaboration builds on DiagnaMed’s recent partnership with Québec Innovative Materials Corp. (CSE: QIMC, FSE: 7FJ, OTCQB: QIMCF) (“QIMC”) to implement its pioneering hydrogen extraction technology at QIMC’s St-Bruno-de-Guigues Hydrogen Project in Québec, which QIMC recently announced its test results that have exceeded expectations with one hydrogen concentration measurement reaching a high of 7119 parts per million (ppm) and plateauing at 2886 ppm and five other measurements above 550 ppm including one of over 2400 ppm, one of over 1000 ppm and one of over 900 ppm. QIMC’s existing geologic hydrogen assets provide the perfect demonstration site of geologic hydrogen production, years earlier than the industry anticipated. Together, these partnerships solidify DiagnaMed’s role as a leader in advancing sustainable energy solutions.
Fabio Chianelli, Chairman and CEO of DiagnaMed, stated:
"Partnering with TerraVent is a pivotal step in our mission to drive innovation in clean hydrogen production. By combining our proprietary hydrogen extraction from hydrocarbons technology with TerraVent’s geologic hydrogen stimulation process and advanced EM thermal tools, we are uniquely positioned to deliver cost-effective, carbon-neutral hydrogen solutions that meet the growing global demand for sustainable energy. This collaboration exemplifies our commitment to empowering the energy sector with transformative technology that unlocks new value from existing resources."
John Karagiannidis, CEO Québec Innovative Materials Corp. (QIMC), commented:
"DiagnaMed’s hydrogen technology represents a game-changing advancement in the clean energy sector. This collaboration with TerraVent is a bold step toward making large-scale, carbon-zero hydrogen production a reality. We are proud to support DiagnaMed’s efforts in accelerating the global transition to sustainable energy."
Kevin Pope, CEO of TerraVent Environmental Inc., added: “TerraVent is excited to team up with DiagnaMed and QIMC to accelerate demonstration of hydrogen production at commercial scales and costs that will enable a hydrogen energy economy to form far more quickly than expected, well in advance of the DOE’s 2031 target.”
About TerraVent
TerraVent Environmental Inc. is a leader in environmental technologies focused on sustainable resource extraction. Its process for stimulating natural, geologic production of Hydrogen dramatically increases available sites for clean Hydrogen production at commercials scales. Its proprietary Heatwave® electromagnetic thermal tools enable efficient and environmentally responsible extraction processes in petroleum reservoirs and natural hydrogen fields. Visit Terra-Vent.com for more information.
About DiagnaMed
DiagnaMed Holdings Corp. (CSE: DMED) (OTCQB: DGNMF) delivers innovative technology solutions for the cleantech and life sciences industries, with a focus on hydrogen production and AI-driven drug discovery and diagnostics. Visit DiagnaMed.com for more information.
For more information, please contact:
Fabio Chianelli
Chairman and CEO
DiagnaMed Holdings Corp.
Tel: 416-800-2684
Email: info@diagnamed.com
Website: www.diagnamed.com
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FAQ
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