Geothermal energy
The capability of modern wellbore surveying to increase asset value through improved subsurface modeling and completion-equipment placement is being overlooked by managers of operating companies.
GeoMap Europe is the latest in a series of interactive global geothermal maps that combine large subsurface and surface data sets to highlight where geothermal resources and development opportunities are strongest for power, heat, cooling, and storage.
The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.
-
In its 2024 outlook, Enverus expects 3-mile-long lateral sections to become a new normal in the Permian and suggests the budding geothermal and lithium arenas may be the real deal. -
A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.
-
The companies have agreed to study the development of geothermal energy in Indonesia to further the country’s goal of adding 3.3 GW of geothermal capacity by 2030.
-
Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
-
An estimated $35 billion in investment is expected to pour into geothermal projects in Kenya and Ethiopia through 2050.
-
The oil and gas industry-backed geothermal firm plans to drill up to 29 wells in southwestern Utah that will deliver electricity to the state's grid by 2026.
-
Fervo Energy’s bet that fracturing methods can be used for geothermal power is looking like a winner.
-
Registration is open for the SPE Europe Energy GeoHackathon, which will be held in October and November. It will be preceded by 4-week online bootcamp sessions on data science and geothermal energy, which will begin on 2 October.
-
While innovation steadily advances technologies to produce geothermal energy, the determination of clearly defined laws and regulations is playing catch-up—state by state and case by case in courts. And until it does, scaling up of this promising energy source is at risk of being hamstrung.
-
Geothermal energy’s advantages make it popular across multiple sectors, from residential to industrial applications. Primary applications, namely electricity, direct use, and ground source heat pumps, offer diverse energy sources. Details of these and some unconventional applications are discussed.
