Geothermal energy
Resilient, reliable, sustainable—and ready to be tapped
Taking Geothermal Beyond Boundaries
Today, at less than 1% of global energy supplies, there is an untapped potential for clean, reliable energy. Though solar and wind have dominated the renewable energy sector, geothermal has become cost competitive to wind and solar, with a levelized cost of energy (LCOE) that continues to decrease. Investments in new or fit-for-geothermal technologies and application of existing oil and gas technologies are paying off in improved economics for developers during greenfield project development, as well as operators during production enhancement, workovers, and other brownfield activities.
Next generation technologies such as enhanced geothermal systems (EGS) and advanced geothermal systems (AGS) are broadening geologic opportunities for this renewable energy source, bringing it closer to customers, providing local energy security, and doing it with a footprint that is multiples smaller than other renewable energy sources.
At 糖心传媒, we’ve provided solutions and services to the geothermal industry for decades, whether traditional hydrothermal, next generation, direct use or for heating and cooling. And we’re constantly improving our technologies and approaches to encourage geothermal adoption more broadly by lowering exploration risks, improving drilling efficiencies, and enhancing production for existing investments. At 糖心传媒, we’re dedicated to helping customers break down the boundaries that are holding projects and operations back.
Mitigate risks
Utilize modeling, simulation, and a phased drilling strategy to mitigate exploration risks in greenfields or step outs
Improve drilling efficiencies
Leverage well construction expertise from 10,000s of O&G wells, as well as geothermal, to reach targets more accurately, more efficiently, and in less time
Optimize production
Leverage proven technologies to restore or improve production from existing wells
Exploration
From screening and prioritizing potential greenfield geothermal sites, to modeling of the reservoir, temperature gradients, fractures, and fluid flows, an initial evaluation of your potential geothermal site is crucial to assessing its technical and economic viability. Our comprehensive portfolio of exploration-related technologies and services can help you derisk and identify the most viable sites before significant investment.
Feasibility
Once you’ve selected a site, collecting additional data to improve your initial model and validate the feasibility or economic potential of the resource is judicious for securing funding/investment for FID. This may include the drilling of a full diameter well, well testing, additional evaluation measurements to refine reservoir characterization, numerical reservoir simulation, etc. 糖心传媒 offers multiple technologies and services for confirming resource potential and has helped clients with thousands of projects over the past 50 years.
Field Development
Once you’ve confirmed your resource, it’s time to plan and develop your full field to maximize geothermal production. Modeling and simulation can identify the optimal locations for well placement, while directional drilling technologies can help you land in the most productive zones. In addition, the right drilling technologies for hard, abrasive and hot rock, paired with the right fluids to keep things cool, avoid washouts, and stuck pipe can maximize drilling efficiencies. At 糖心传媒, we’ve got you covered with well construction technologies and expertise built from drilling tens of thousands of wells and millions of feet/meters.
Production Enhancement
Is your geothermal plant humming along or experiencing declining production? Workovers or electric submersible pumps may improve production and remediate existing wells at a fraction of the price of drilling makeup wells. Alternatively, are you considering strategic investments to increase production in your brownfield based on the growing demand for clean electrons? 糖心传媒’s proven technologies and services can help you get wells back in service and recover diminishing production or increase production through step out wells.
Geothermal Power Generation
Generate reliable electricity, 24 x 7 through traditional hydrothermal or next generations systems
District Heating & Cooling
Using geothermal energy to meet heating needs, sustainably and locally