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.