Skip to main content

Oil and Gas Companies Focus on Geothermal

From Barrels To Steam, How Oil and Gas ⛽ Companies are Craving for More Steam



In a bold move towards sustainability and diversification, several major oil and gas companies are shifting their focus towards geothermal energy. This strategic shift signifies not only a response to the growing demand for clean energy but also a recognition of the potential of geothermal resources as a reliable and renewable energy source. Let's delve into the recent developments and initiatives taken by key players in the oil and gas industry towards embracing geothermal energy:


ExxonMobil's Exploration into Enhanced Geothermal Systems (EGS)


ExxonMobil's Chairman and CEO, Darrel Woods, recently hinted at the company's interest in Enhanced Geothermal Systems (EGS). This technology involves drilling deep into the earth's crust to access heat reservoirs and utilizing hydraulic fracturing techniques to enhance heat extraction. By leveraging their expertise in drilling and reservoir engineering, Exxon aims to unlock the vast potential of EGS for sustainable energy production.


Repsol's Geothermal Studies

Repsol, a global energy company, has been actively conducting geothermal studies as part of its commitment to renewable energy development. By leveraging their experience in exploration and production, Repsol aims to identify and assess geothermal resources worldwide, paving the way for future geothermal projects and investments.


Collaboration Between Baker Hughes and Continental Resources & Chesapeake Energy


Baker Hughes, a leading oilfield services company, has collaborated with Continental Resources and Chesapeake Energy, giants in the oil and gas industry, to explore opportunities in geothermal energy. This collaboration brings together technical expertise and resources to drive innovation and accelerate the adoption of geothermal technologies for sustainable energy production.


Chevron's Partnership with Baseload Capital for Geothermal Projects


Chevron's New Energies division has signed a partnership agreement with Baseload Capital to develop geothermal projects in the Weepah Hills region of Nevada. This partnership underscores Chevron's commitment to diversifying its energy portfolio and investing in renewable energy sources like geothermal, which offer long-term sustainability and environmental benefits.


US DOE's Insights on Permitting Time and Geothermal Development


Lauren Boyd, representing the US Department of Energy (DOE), has highlighted the potential for streamlining permitting processes in geothermal development, drawing from the experience of the oil and gas industry. By applying lessons learned from oil and gas operations, the geothermal sector can expedite project approvals and accelerate the deployment of geothermal energy projects.


Eavor Geothermal's Transition from Oil and Gas


Eavor Geothermal, formerly known for its involvement in the oil and gas industry, has successfully transitioned its focus to geothermal energy. This transition reflects a broader trend within the energy sector, where companies are repositioning themselves to capitalize on the growing demand for renewable energy solutions.

Petrolern's Venture into the Geothermal Market

You can support us here on world remit using mobile number 254701279086 Support Us

In conclusion, the shift towards geothermal energy among oil and gas companies signifies a paradigm shift towards sustainability and renewable energy. By leveraging their technical expertise, resources, and experience, these companies are poised to play a significant role in driving innovation and accelerating the transition towards a more sustainable energy future.

Labels:

Comments

Post a Comment

Hot Topics 🔥

LCOE Benchmarking: Eavor Technologies vs. Fervo Energy

LCOE Compared: Eavor Technologies vs.  Fervo Energy   Two Bets on Next-Generation Geothermal An Alphaxioms Geothermal Insights Analysis | May 2026 Image:  Eavor and Fervo Drilling Rigs well poised in their respective well pads , drill baby , baby what a time to be a live Introduction: Why the Cost Question Matters Now The global geothermal sector is in the middle of a pivotal moment. After decades of stagnation largely confined to volcanic hotspots, two fundamentally different technological approaches are racing to prove that geothermal energy can be deployed broadly, cheaply, and at scale. Eavor Technologies , the Calgary-based advanced geothermal systems (AGS) company, and Fervo Energy , the Houston-based enhanced geothermal systems (EGS) pioneer, represent the sharpest divergence in next-generation geothermal strategy today. Each company is backed by hundreds of millions of dollars in private capital, each has reached key commercial milestones, and each is advancing ...
Post a Comment
Read more

Ormat raises concerns over Kenya Power payment delays

When Power Stalls: Payment Delays Threaten Kenya’s Geothermal Momentum By: Robert Buluma Kenya’s geothermal story has long been told as one of Africa’s most compelling energy success narratives—a nation that dared to dig deep into the Earth and emerged with a reliable, renewable backbone for its electricity grid. From the steaming plains of Olkaria to the ambitious expansions across the Rift Valley, geothermal has positioned Kenya as a continental leader in clean baseload power. But beneath this success lies a growing tension—one that could quietly undermine the very foundation of this progress. Recent signals from , one of Kenya’s key independent power producers, have cast a spotlight on a familiar yet dangerous challenge: delayed payments from . What may appear as a routine financial hiccup is, in reality, a warning sign with far-reaching implications for investment, energy security, and the future trajectory of geothermal development in Kenya. The Backbone of Kenya’s Energy System T...
Post a Comment
Read more

The XGS Energy Heat Sponge Solves Geothermal's Biggest Problem

The XGS Energy Heat Sponge Solves Geothermal's Biggest Problem I mage: A californian XGS well pad Imagine drilling a hole into the Earth’s hot crust  but instead of simply dropping in a pipe and hoping for the best, you paint the inside of that hole with a magic material that soaks up heat like a sponge soaks up water. Then you seal it, circulate a fluid, and generate clean, firm electricity  24/7, no fracking, no water consumption, no earthquakes. That’s not science fiction. That’s XGS Energy . While most of the geothermal world has been chasing fracked reservoirs or massive drilling rigs, XGS quietly built a prototype, ran it for over 3,000 hours in one of the harshest geothermal environments on Earth, and landed a 150 MW deal with Meta – enough to power tens of thousands of homes or a massive data center campus. This is the story of a technology that might be the most elegant, low-risk, and capital-efficient path to scalable geothermal power. Let’s dig in. Part 1: The Pro...
Post a Comment
Read more

KenGen’s Sh32bn project stalled amid donor funding dispute

Donor Funding Row Freezes KenGen’s Sh32 Billion Geothermal Ambition A Billion-Shilling Dream Stalls in Kenya’s Energy Heartland By:  Robert Buluma In the shadow of the steaming vents and rugged volcanic terrain of Hell’s Gate National Park, one of Kenya’s most ambitious clean energy expansions has hit an unexpected wall. The multi-billion-shilling geothermal project led by the Kenya Electricity Generating Company (KenGen) — valued at approximately Sh32 billion — has been frozen following a donor funding dispute. What was once a symbol of Kenya’s global leadership in geothermal energy now finds itself entangled in financial uncertainty, bureaucratic friction, and the fragile nature of international development financing. The pause is more than a delay in infrastructure delivery. It is a signal of how modern energy transitions, even in globally admired renewable hubs like Kenya, are still deeply dependent on external capital flows, policy alignment, and institutional trust betwe...
Post a Comment
Read more

Poland Drills Deep to Unlock Low Temperature Geothermal Future

Drilling Into the Unknown: Poland’s Radoszyce GT-1 Geothermal Gamble Could Reshape Europe’s Low-Temperature Energy Future By: Robert Buluma In a quiet corner of southern Poland, far from the noise of global energy debates, a drilling rig has begun turning—slowly, deliberately, and with immense consequence. Beneath the modest landscapes of Radoszyce lies a question that could redefine how Europe thinks about geothermal energy: Can low-temperature geothermal resources power the next wave of sustainable heating and regional development? The launch of the Radoszyce GT-1 geothermal exploration well , executed by UOS Drilling S.A. , is more than just another drilling campaign. It is a test of resilience, ambition, and technological confidence in a region where previous geothermal attempts have not always delivered success. This is not just a story about a well. It is a story about risk, reinvention, and the silent heat beneath our feet . A Project Born From Persistence The Radoszyce GT...
Post a Comment
Read more

Sage Geosystems: Turning Underground Pressure Into 24/7 Power

Sage Geosystems : The Geothermal Startup That Turns Pressure Into Power By: Robert Buluma Most conversations about advanced geothermal circle around the same question: How do you extract heat from dry rock? Sage Geosystems started with a different question: What if the Earth could do most of the work for you? Based in Houston, Sage has quietly built a technology stack that treats the subsurface not just as a heat source, but as a pressure vessel. Their system captures heat and mechanical energy, stores energy underground like a battery, and uses a fraction of the surface pumping that conventional geothermal requires. This article focuses entirely on Sage , how their technology works, what makes it genuinely different, and where the blind spots still are. Part I: The Core Innovation , Pressure Geothermal Sage's foundational insight is simple but powerful: deep hot rock isn't just hot. It's also under immense natural pressure. Traditional geothermal systems ignore that pre...
Post a Comment
Read more

Geothermal Data Centers: Rewriting the Water-Energy Equation

Thirsty Servers, Silent Reservoirs: Can Geothermal Power the Water-Smart Data Center Era? By: Robert Buluma The digital economy runs on an invisible infrastructure—rows of servers humming inside vast data centers, processing everything from financial transactions to artificial intelligence models. But beneath this digital revolution lies a growing, often overlooked tension: water . Recent projections warn that data centers could consume as much freshwater as tens of millions of people by 2030 . Whether the exact figure is 30, 40, or 46 million, the signal is unmistakable: the world’s data infrastructure is becoming a major water consumer . At the same time, a quieter force is emerging from beneath the Earth’s surface— geothermal energy —with the potential not only to power data centers, but to fundamentally reshape their water footprint . This is not just a story about energy. It is a story about resource convergence —where water, heat, electricity, and digital demand collide—and ho...
Post a Comment
Read more

Singapore Explores Next Generation Geothermal Energy Feasibility Study

Singapore Tests the Limits of Geothermal Possibility By:  Robert Buluma Singapore has officially stepped into one of the most unlikely frontiers in modern energy. On 28 April 2026, the (EMA) announced a Request for Proposal (RFP) for a nationwide feasibility study into geothermal energy deployment. At face value, this might seem routine—another government exploring another renewable energy source. But this is not routine. Singapore is not , nor , nor with its . It is a dense, urban, non-volcanic island with no obvious geothermal pedigree. Which raises a deeper question: Why is Singapore even considering geothermal energy? The answer lies not in traditional geology—but in a technological shift that is quietly redefining what geothermal energy means. Not a Drilling Project—A Strategic Probe into the Subsurface The EMA study is not about immediate drilling. It is not a confirmation of geothermal reserves. It is something far more strategic. At its core, the study is desig...
Post a Comment
Read more

NASEO Geothermal Power Accelerator Driving Multi-State Energy Transformation

Geothermal Power Accelerator : America’s Quiet Race to Unlock the Earth’s Energy Core By:  Robert Buluma The global energy transition is often framed through the familiar lenses of solar panels stretching across deserts and wind turbines rising above coastlines. Yet beneath the surface—literally—lies one of the most powerful, reliable, and underutilized energy resources on Earth: geothermal power. Now, a bold initiative in the United States is attempting to rewrite the trajectory of this sector. The Geothermal Power Accelerator, a collaboration among 15 states, signals a decisive shift from cautious exploration to aggressive deployment. This is not just another policy framework. It is a coordinated, multi-state effort designed to eliminate long-standing barriers, attract private capital, and transform geothermal from a niche energy source into a cornerstone of grid reliability. A Coalition Built for Speed, Not Talk At its core, the Geothermal Power Accelerator represents somet...
Post a Comment
Read more

Kenya's Suswa Geothermal Field: GDC Begins Drilling Exploration

Kenya's Suswa Awakens: GDC Launches Exploration at the Rift Valley's Next 300 MW Geothermal Frontier By Alphaxioms Geothermal Insights There is something quietly momentous about the sight of a drilling rig being loaded onto a truck and driven south from Menengai toward the ancient caldera of Suswa. For most Kenyans who pass through the Rift Valley on the Nairobi–Naivasha highway, Suswa is a dramatic volcanic silhouette on the horizon — a brooding landform that has sat in geological patience while the country has built its geothermal identity elsewhere. That chapter is now ending. In January 2026, Kenya's Geothermal Development Company officially mobilised drilling rigs toward the Suswa geothermal field, signalling the beginning of active exploration at a site estimated to hold up to 300 megawatts of geothermal potential. It is, by any measure, one of the most consequential energy milestones Kenya has reached in years — and it deserves a thorough examination. At Alphaxioms ...
Post a Comment
Read more