Gold H2, a Houston-based company, has introduced its proprietary Black 2 Gold Technology (B2G) to convert residual crude oil into clean hydrogen, enabling cost-effective hydrogen production at $0.80/kg. The company has signed a memorandum of understanding (MOU) with a major oil and gas operator in the USA to commence pilot demonstrations, aiming to convert uneconomical oil wells into hydrogen-producing assets. Using the Mobile Microbe Manufacturer (M3), Gold H2 plans to deploy its innovative biotechnology in depleted oil reservoirs to produce up to 2.5 tons of hydrogen per day per well, significantly transforming the energy landscape. The company's approach not only addresses concerns over non-productive oil wells but also accelerates the clean energy transition in the oil industry, offering new economic opportunities and renewable energy sources. Gold H2's collaboration with oil and gas companies worldwide demonstrates a commitment to revolutionizing traditional practices and contributing to a sustainable energy future.