PGS’ Post

🌍 If you're attending GRC2024, don't miss the chance to hear from geothermal reservoir expert Santiago Rocha! He will share groundbreaking insights on the Salton Sea Geothermal Field (SSGF), renowned for its high-temperature, high-salinity complex-chemistry brine, in his “Conceptual Hydrothermal Model of the Salton Sea KGRA” presentation (Session 5C: Reservoir/Production 10:40 AM - 11:00 AM). Santiago will introduce a conceptual model that explores the interaction between permeability structures and thermo-chemical barriers, providing a perspective on the vertical distribution of salinity and temperature in the SSGF. This study is based on real data from the Hudson Ranch Power I project, unveiling the complex dynamics of the double-diffusive convective system and its significance for understanding SSGF behavior. This is a fantastic opportunity for professionals and enthusiasts in geothermal energy to engage with a true expert, ask questions, and learn from cutting-edge research in one of the world’s most complex and prolific geothermal systems! 🗓 Date: Wednesday, October 30, 2024 🕒 Time: 10:40 AM 📍 Location: Kohala 3, Session 5C: Reservoir/Production #GeothermalEnergy #SaltonSea #GeothermalReservoirEngineering #GRC2024

Will we see tightening of the land rig market in Continental Europe as the geothermal market grows? Read ModuSpec's latest blog (link below) raising the topic and highlighting rig compliance challenges for the industry. Geothermal will be discussed at the International Association of Drilling Contractors World Drilling Conference 18th & 19th June. Join Duco de Haan, Iain W. Morrice & Liam Pirie on booth#23 to discuss how ModuSpec can support future geothermal projects #ModuSpec #Geothermal #rigs #drillingrigs #compliance #IADC

Here is an overview of the #Drilling and #Abandonment activities in #TheNetherlands during Q1 2024: 1 drilling operations was finished: - A15-A-01, #offshore #development wells (Petrogas E&P), concluding the three well campaign. 1 drilling operations has been suspended: - PLD-GT-03(-S1) & -04(-S1, -S2), 2 #geothermal wells for the Poeldijk geothermal system (Aardwarmte Vogelaer). Numerous Abandonment operations were finished: - K09C-A wells, fully P&A (Neptune Energy). - Numerous #onshore wells suspended in the continuous NAM P&A campaign. 1 ongoing drilling operation: - MDM-GT-10, a geothermal well replacing the GT-06 well (Ennatuurlijk Aardwarmte). Numerous Abandonment operations are ongoing: - K12-C wells (Neptune Energy) - L08-P wells (Wintershall Noordzee) - VDM-02 (Nedmag B.V.) - Numerous #onshore wells in the continuous NAM P&A campaign (latest one is NOR-04) More information, including a map, on NLOG https://lnkd.in/eyHkccVJ

ICYMI: The stock price of Pancontinental Energy NL Energy, which controls a promising licence in #Namibia’s sizzling Orange basin, surged more than 20% last Friday because there is now a definitive end date by which Woodside Energy must exercise an option to farm into the #exploration acreage. via Upstream #PCL #ASX https://lnkd.in/dFuPKCMX

Costs, competitiveness and policy. Where is exploration on the NCS headed? At NCS Exploration Strategy next week, Anders Wittemann is hosting a panel bringing together the views of oil companies, Offshore Norway and analysts, to discuss the role and future for NCS exploration: How to ensure timely progress and use existing infrastructure for near field discoveries and more difficult resources against a backdrop of increasing industry costs and discoveries with fragmented ownership? How to decide on priorities for frontier and new ideas for, longer term exploration with Europe’s uncertain demand for fossil fuels and regulation of Norway oil & gas, emissions and CCS, and Norway’s political landscape changes? The panel features Marita Bjelland Botne, Offshore Norge, Therese Haaland, Equinor Malcolm Forbes-Cable, Wood Mackenzie and Ida Ianssen Lundh, OKEA ASA 👉 https://lnkd.in/dxd3rrU4   #ncsstrategy #exploration #subsurface #oilandgas #policy Olav Antonio Blaich, PhD Vaka Antonsdóttir Roy Davies Laila Elisabeth Pedersen Linda Aasum Burton

🌍📰 In the past few days, our Head of Product Development, Matus Gajdos, has been busy in the Netherlands 🇳🇱 and Germany 🇩🇪, meeting potential partners to expand our geothermal initiatives. At the same time, he published the 7th Edition of GeoNerd Digest, focusing on "Optimizing Drilling Strategies for Deep Wells in Complex Interbedded Formations." This edition highlights challenges faced in drilling through complex geological formations, particularly regarding Bottom Hole Assembly (BHA) design and drill string stress and outlines challenges that we will be tackling together with our recently announced partners, Petrobras. By leveraging our combined expertise, we aim to develop innovative solutions for cost-efficient geothermal drilling. Read more here: https://lnkd.in/eBRYuqF9 Let’s keep pushing the boundaries of geothermal energy together! 🚀💡 #GeoNerd #GADrilling #Geothermal #Innovation #DrillingTechnology #Challenges #Partnership #Petrobras #GeothermalAnywhere

Buru Energy is pleased to announce that it has identified a high potential, shallow prospect, partially overlying it’s Rafael conventional gas and condensate discovery in Exploration Permit EP 428.   Named Rafael Shallow, the target reservoirs in the prospect are the Poole Sandstones and Grant Formation at less than 1,200 metres depth. The structure is of considerable size (18 sq kms), has over 125 metres of vertical closure, a robust top seal, and is an ideal candidate for low-cost drilling and potentially accelerated commercialisation.   Planning is now underway to drill Rafael Shallow during the 2024 operating season.   Buru’s CEO, Thomas Nador, said “ The acquisition of the Rafael 3D seismic survey has provided valuable insights into both the Rafael conventional gas and condensate accumulation, that was the survey’s main target, as well as the prospectivity of the broader Rafael region.   With the potential to drill the Rafael Shallow prospect later this year with a smaller rig than would be needed for a Rafael deep appraisal well, we are planning to keep our appraisal and exploration momentum going.   The full ASX update can be read here: https://lnkd.in/gTEQSwQX   #energy #gas #exploration #development #diversifiedenergy

We're pleased to share that Top End Energy has officially been granted 38th Petroleum Exploration Permit in the Territory, marking our entry into the thriving energy landscape of the Northern Territory 🌱   This achievement is the culmination of years of dedication and collaboration with our native title holders and the Northern Territory Government. We're grateful for their support and constructive engagement throughout this process.   With EP258 in hand, we're eager to kickstart our exploration journey in earnest. Our planned activities, including the acquisition of an Airborne Gravity Gradiometry program, signify our commitment to unlocking the full potential of our acreage position.   But our vision extends beyond conventional exploration. Alongside natural gas, we're dedicated to uncovering the vast potential of hydrogen and helium resources, paving the way for a more diverse and sustainable energy future.   We're honoured to be entrusted with this responsibility and are keenly aware of the opportunities it brings not just for us, but for the Territory as a whole. From supporting local businesses along the supply chain to contributing to the East Coast gas market, we're committed to making a positive impact every step of the way.   As the Minister for Mining, Mark Monaghan, rightly puts it, "Natural Gas is the way of the future and the Beetaloo Sub-basin holds some of the world’s largest reserves of the highly sort after energy source," and we’re poised to harness its potential for the benefit of the Territory and beyond.   Join us as we embark on this exciting journey as we continue to strive to be an energy company for tomorrow.   Read more here: https://bit.ly/4ebtPrF   Oliver Oxenbridge James Pratt   #TopEndEnergy #TEE #ExplorationJourney #SustainableFuture #NorthenTerritory

88 Energy is pleased to update shareholders on our exploration activities within Petroleum Exploration Licence 93 (PEL 93) in the Owambo Basin, Namibia. Initial processing and interpretation of the 2024 2D seismic data, conducted by Monitor Exploration Limited, has revealed 10 significant independent structural closures within the licence area.   Several of these leads, located in the southern portion of PEL 93, show large structural closures, with some covering up to 100 km². These prospects exhibit vertical relief and strong hydrocarbon charge potential from source rocks to the north.   We have received the seismic data from Monitor and are now validating these findings by integrating all available datasets. A prospective resource estimate for PEL 93 is expected to be completed in the first half of 2025.   88 Energy remains focused on advancing this exciting opportunity and will continue to provide updates as we progress.   Read the full announcement here: https://bit.ly/4gsduzb   #88Energy #88E #OilAndGas #EnergyExploration #ASX

How do you optimize 8.75" lateral performance when drilling hard and abrasive granite laterals in geothermal drilling environments? For Fervo Energy, they applied people and resources to reduce the number of bits/BHAs per well and overall cost and nonproductive time, achieving impressive results on a recent 6-well project. Through a comprehensive analysis of performance and drill bit design, our team collaborated with Fervo to summarize the results. Next week, Jordan Self, a stakeholder in the project, will present "Optimizing Hard Rock Geothermal Drilling Efficiency With PDC Bits: A Comprehensive Study" at the Geothermal Rising Conference, explaining how Fervo increased single-bit footage by an astounding 556%. #Ulterra #Geothermal #GeothermalDrilling