Geothermal Energy Generation
in Oil and Gas Settings Conference
March 13-14, 2006
Southern Methodist University
James M. Collins Executive Education Center
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| Gold
Sponsors: |
ALBERT HALFF |
| Silver
Sponsors: |
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| Bronze
Sponsors: |
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Conference Speaker's Abstracts and Presentations
DVD of Conference Video Recording
Example of Installation of the new small binary turbines
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Conference
Organizers
David Blackwell / Maria Richards
214-768-2745 / 214-768-1975
Purpose
The objective of this first-ever type of conference is to bring together geothermal industry experts with hydrocarbon development companies, state and federal government agencies, research groups, and other interested parties to exchange information and discuss the economic feasibility of geothermal energy from hot water in oil and gas settings. Geothermal energy generates over 8,000 MW of electricity throughout the world, yet the perception of needing water >400°F at depths of less than 10,000 ft still dominates, although no longer true. Because of recent changes in the marketplace and improvements in power conversion this perception is seemingly outdated. In fact, the utilization of geothermal energy is currently being realized in a wide variety of situations and areas. This conference will explore these new concepts and resource capabilities.
Advantages for the Oil and Gas Industry
There are numerous advantages to be had by the Oil and Gas Industry. The following are some examples:
1. Secondary geothermal energy could pay for the cost of pumping water in flood situations - i.e. flood water would become a valuable commodity;
2. The technology is grounded in the practices of the hydrocarbon industry;
3. A basic infrastructure already exists - i.e. roads, power lines, etc.;
4. Geothermal systems can use existing oil and gas reservoirs or modify them after production ends
5. Development costs are lower than start-from-scratch geothermal development costs and estimated payouts may be as low as 3 - 5 years; and
6. Mini power plants can be scaled and enlarged as systems are developed and technology continues to evolve; they can be moveable to meet the changing needs of the oil and gas field evolution.
More topical thoughts. . .