Dutch Company Presents Idea to Harvest Geothermal Heat from Oil Wells at EAGE Annual Conference
For the second consecutive year Amsterdam Petroleum Geoscience (AmsterdamPG) was present at the European Association of Geoscientists & Engineers (EAGE) annual conference and exhibition, which took place in London June 10-13.
At this year's exhibition, AmsterdamPG introduced the idea of turning abandoned wells, drowned wells or water-injection wells of petroleum fields into geothermal systems.
Abandoned oil & gas wells or wells that watered-out, often can be converted into geothermal producers at low effort and costs.
Geothermal energy is an upcoming source of clean, sustainable and directly available energy. It has near-zero CO2 emission, is non-polluting and represents long-term stable energy prices. Exploration, appraisal and development of geothermal reservoirs have many similarities with oil and gas development.