Geothermal energy
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.
Sponsored
Altitude 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.
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 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.
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Nearly 90% of geothermal capacity built since 2000 is binary cycle.
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Oil and gas are not the only things in the ground that can power our lives. Heat in the form of geothermal energy is rapidly taking its place alongside other sources of renewable energy, buoyed by the lessons learned from decades of drilling for oil.
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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.
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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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