Articles Tagged with ''geothermal drilling''

The state is still heavily dependent on oil and gas revenues, but with fossil fuel production expected to decline sharply by 2035, the pressure is on to diversify the energy mix.

Energy Secretary Chris Wright directed his department earlier this year to emphasize technologies that strengthen energy reliability.

Of the seven companies that submitted winning bids for geothermal leases, Invenergy Geothermal Development LLC acquired five leases, the most of the companies that successfully bid on the geothermal leases.

With smarter tools, faster drills, and better data, the company is making clean, 24/7 power a lot more attainable—and a lot more exciting.

Borehole geophysics specialist Robertson Geo has officially opened its new UK headquarters

EWAB says “Several factors must be prioritized to ensure production strength for the oil, natural gas, and geothermal industries.”

In The Driller Newscast #150, Brock Yordy celebrates a major milestone with a special episode that blends heartfelt storytelling with industry insight, with an appearance from his archnemesis, Bron.

As electricity demand surges from AI, data centers, and electrification efforts, that kind of firm, carbon-free energy could be exactly what the grid needs.

The IRA contains a provision called the “production tax credit” (PTC) that allows taxpayers to deduct a percentage of the cost of renewable energy systems from their federal taxes, according to the Environmental Protection Agency (EPA).

Advances in technology such as directional drilling; fiber optic sensing; and hydraulic fracturing techniques from the oil and gas sector have “unlocked geothermal energy in places where it was previously impossible,” said Tim Latimer.