Geothermal energy
The appraisal well in Utah confirmed a geothermal resource exceeding 555°F at a depth of approximately 11,200 ft.
The NLR has released its 2025 US Geothermal Market Report, documenting 4 years of industry growth and providing policymakers and stakeholders with an updated overview of the US geothermal market.
Experience in subsurface production and lift design is shaping a new generation of geothermal operations built for reliability and scalability.
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The emergency permitting rules aim to accelerate geothermal energy development. Ormat Technologies' three Nevada projects will be the first to benefit from the streamlined process, with environmental reviews cut from years to weeks. -
SponsoredAltitude Energy Partners optimized drilling efficiency by minimizing dysfunctions and protecting downhole components. Their directional drilling team ensured consistent curves and laterals through precise BHA design, modeling, and trajectory control—reducing nonproductive time and drilling costs, and achieving a 100% improvement in efficiency by pad completion.
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Geothermal systems, which rely on extracting heat from deep within the Earth, face many of the same technical challenges that oil and gas operators have tackled for decades. Geothermal development can be advanced efficiently and economically by applying proven oil and gas technologies.
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The companies have announced they will work together to integrate geothermal well engineering and project delivery globally.
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Closed-loop geothermal systems have entered the new-energy arena to generate electricity using the underground as a heat exchanger.
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The companies said they plan to work together on developing geopressured geothermal systems for low-carbon energy storage and geothermal power generation.
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The agreement aims to accelerate new commercial technologies that address challenges with geothermal development.
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GEODE is a consortium led by Project InnerSpace and the Society of Petroleum Engineers and funded by the US Department of Energy’s Geothermal Technologies Office.
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Geothermal energy in the US has historically been concentrated in the West due to favorable geology, but emerging technologies have expanded the possibilities.
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New IEA Report: Next-Generation Geothermal Can Go Global, But Oil and Gas Industry Must Show the WayThe upstream sector could help unlock geothermal energy’s potential but up to $1 trillion in project spending would be necessary over the next decade, the report says.
