Wednesday, February 4, 2015

USA, Wyoming:

Teapot Dome Oilfield is Sold (News Release)

Property boasts a number of 190 degree geothermal wells


A 250-kW Organic Rankine Cycle unit was used in
geothermal tests (Courtesy RMOTC)
As of January 30th the Department of Energy finalized the sale of NPR-3, to its new owners Stranded Oil Resources Corporation. The sale is the culmination of a competitive bidding process that closed on October 16th, 2014. NPR-3, also known as the historic Teapot Dome Oilfield, consists of 9,481 acres that was set aside in 1915 as a naval oil reserve. One hundred years after its beginnings the Teapot Dome Oilfield begins a new chapter under new owners.

The property also boasts a number of hot water wells. These geothermal features produce hot water from the Ten Sleep and Madison formations.

Clarke Turner, director of RMOTC has said "We have a great geothermal resource — 190 degree water from the Ten Sleep Formation — that could be used in low temperature electrical generators to produce energy that could run some of the systems."

According to the website " With the existing geologic structure at RMOTC, promising potential exists for Enhanced Geothermal System (EGS) testing. The field also has two reliable water resources for supporting low-temperature geothermal testing. RMOTC can support multiple field-scale geothermal testing and demonstration and has the capability to provide project management off site."