Geothermal energy
The geothermal company will use organic Rankine cycle (ORC) technology, which does not require steam to generate electricity.
The latest signs that momentum is building in the geothermal space include military bases.
Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new energy source.
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One of the problems with geothermal is that the rock that is hot enough to create the steam needed to run a power plant is also capable of destroying drilling hardware.
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The two companies said they will work together to try to find the best places to develop geothermal energy and advance the necessary technologies to commercial scale.
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Chevron and Occidental plan to launch separate projects to help secure the commercial future of geothermal development in the US.
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The oilfield service giant has identified the nation's potential geothermal sweet spots after analyzing data from more than 7,000 wells.
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Geothermal energy has the potential to play a significant role in Japan's energy transition.
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The Biden administration seeks to cut the cost of enhanced geothermal systems by 90% by 2035.
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Using CO2 as the geothermal power fluid to generate electricity from low-temperature abandoned hydrocarbon wells can help reduce well costs and optimize energy production. In this paper, a previously developed coupled well/reservoir model is extended to study the effects of fluid properties on thermal output.
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Hitting the next well during fracturing happens all the time. Predictably doing that on a large scale in granite looks a lot harder.
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The drilling of wells in shale and granite shares a common need—faster drilling is required to make it work.
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Founded in 2008, GA Drilling is developing plasma-based tools to achieve drilling speeds that are about three times faster than what conventional bit technology has historically achieved.