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Texas Previous HitGeothermalNext Hit Previous HitEnergyNext Hit: A New Profit Commodity for the Oil and Gas Industry*

By

Richard J. Erdlac1

 

Search and Discovery Article #80001 (2006)

Posted July 3, 2006

 

*Poster presentation, at AAPG Annual Convention, Houston, Texas, April 10-12, 2006

 

 Click to view presentation in PDF format.

 

 1University of Texas Permian Basin, Center for Previous HitEnergyNext Hit & Economic Diversification, Odessa, TX ([email protected])

 

Abstract 

In the latter part of 1989, a new system for Previous HitenergyNext Hit and power production was first tested in Texas. A hybrid Previous HitgeothermalNext Hit power plant was built, tested, and run for 121 days producing electrical power that was sold to HP&L. While a technological success, timing was poor for commercialization. Oil and gas were inexpensive. No incentives existed for renewable Previous HitenergyNext Hit production in the state, no one was concerned about not having sufficient electrical Previous HitenergyNext Hit for the economy, and California and other parts of the country had yet to experience electrical power shortages. Those times have changed.

The deep Permian Basin is one of 5 regions within the state that has the potential for holding vast amounts of renewable heat Previous HitenergyNext Hit. Temperatures well in excess of 212F are present in deep wells. This hot water, generally considered a liability when encountered in the O&G drilling process, holds the key for a restoration of the Texas oil and gas industry and its infrastructure for decades to come. Existing technology can capture this heat and generate electrical power. Many 1,000's Megawatts are probable from this heat Previous HitenergyNext Hit. Conventional Previous HitgeothermalNext Hit Previous HitenergyNext Hit companies have yet to target deep sedimentary basins due to a lack of knowledge…knowledge of the available resource…knowledge of the subsurface geological architecture…and knowledge of the data resources developed over many decades of oil and gas production. The existing O&G industry is presently poised to take advantage of this Previous HitenergyNext Hit resource and begin developing heat Previous HitenergyNext Hit concurrently with oil and gas production efforts. This presentation discusses the available heat Previous HitenergyNext Hit and its future development.

 

  

Texas Previous HitgeothermalNext Hit areas, characteristics, and use (map courtesy of Virtus Previous HitEnergyTop Research Associated, adapted by author)