Day 2 Tue, August 17, 2021 2021
DOI: 10.4043/31090-ms
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Repurposing Oil & Gas Wells and Drilling Operations for Geothermal Energy Production

Abstract: This paper explores a market solution for Operators’ companies to compound their investments in wells, fields, and infrastructure in a low carbon world by applying improved well design, drilling and completion technologies that are adapted to a new generation of geothermal energy production systems. The paper frames challenges posed to the upstream industry by the movement to a low carbon economy, including the climate transition risks related to societal, regulatory, and capital allocation trends. It then exa… Show more

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Cited by 4 publications
(1 citation statement)
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“…By doing so, an existing asset is leveraged while also aiding in climate change mitigation. Several studies [15][16][17][18][19][20][21][22][23] have investigated the possibility of repurposing an existing borehole for geothermal heat extraction by using a closed-loop deep borehole heat exchanger (DBHE). According to [24], flow rate and geothermal gradient are key parameters in repurposing oil and gas wells for geothermal energy extraction.…”
Section: Introductionmentioning
confidence: 99%
“…By doing so, an existing asset is leveraged while also aiding in climate change mitigation. Several studies [15][16][17][18][19][20][21][22][23] have investigated the possibility of repurposing an existing borehole for geothermal heat extraction by using a closed-loop deep borehole heat exchanger (DBHE). According to [24], flow rate and geothermal gradient are key parameters in repurposing oil and gas wells for geothermal energy extraction.…”
Section: Introductionmentioning
confidence: 99%