Founded in 2017, Fervo Energy is aiming to leverage multistage hydraulic fracturing technology to create more-efficient geothermal wells that will power the Internet company's data infrastructure by 2022.
A variety of SPE resources and others are available to bring you up to speed on geothermal energy. Bob Pearson, SPE Technical Director of Projects, Facilities, and Construction, highlights several to get you started.
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.
Geothermal power offers enormous potential—an inexhaustible supply heat to drive huge electric plants around the clock—but that extreme heat can quickly kill conventional hardware, which led to something new.
A Canadian research organization believes the country’s oilfield technology could help another energy sector drive down its costs and it may work out for heavy oil producers too.
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