Geothermal energy
Utah, Colorado, Arizona, and New Mexico have formed the Mountain West Geothermal Consortium to turn geothermal energy into gigawatts of baseload power.
The collaboration aims to provide a dedicated land rig for geothermal wells in the US.
The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
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New funding aims to launch up to seven pilots to help expand the deployment of enhanced geothermal systems. -
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.
