Acquiring Drilling Data is Key reaching Geothermal Energy Sources
E-Spectrum Technologies, Inc. of San Antonio, Texas, a market leader in the development of technology-driven solutions for upstream energy markets, announced it has been selected for the next phase of a United States Department of Energy (DOE) sponsored Small Business Innovation Research (SBIR) grant for $985,773 to continue development of A Near-Real-time Electromagnetic Data-Link for Geothermal Downhole Instruments (Award Number: DE-SC0017065).
After successfully completing their Phase I grant, which is intended for feasibility studies and market analysis, E-Spectrum will use the Phase II funds to develop a fully commercialized product that will reduce hazards and lower costs associated with drilling geothermal wells.