geothermal energy

Calgary-based Eavor Technologies has raised $40 million to build out geothermal systems that use horizontal-drilling technology and may someday give abandoned oil and gas fields a second act.

The energy transition is accelerating faster than any market observers have anticipated. Here, we highlight six opportunities in the oil and gas sector for oil and gas engineers to work on a cleaner future.

A $3-million investment by a climate fund founded by TED curator Chris Anderson and an additional $2-million investment by a subsidiary of Helmerich & Payne will fund a hybrid CLG/EGS demonstration well in Texas. Drilling could begin this summer.

The closing date for the ESP tender for the UK’s first geothermal power plant is in early February.

The cutting-edge technological developments in geothermal are devoted to drilling into deeper, hotter, and harder rock. Oil and gas expertise and know-how holds the key to cost reduction.

A Canadian company reports that it has drilled and completed a historic horizontal well in Saskatchewan.

Extending and transferring the high-temperature capabilities of existing E&P technologies could make geothermal energy development possible—and scalable—anywhere in the world.

The new geothermal project development company will offer expertise in subsurface and drilling, project development, and risk mitigation.

Researchers at OU have received $2.5 million of US Department of Energy funding for a three-phase study to develop technologies to increase power production from geothermal wells. The geothermal development research site in Southern California sits on the US Navy’s largest single landholding.

Nearly 90% of geothermal capacity built since 2000 is binary cycle.