Oil and Gas Companies Entering the Geothermal Energy Industry Oil and gas companies are becoming increasingly active in geothermal energy. Their involvement includes direct project development, investment in geothermal startups, drilling and well services, engineering, equipment manufacturing, subsurface studies, geothermal heating, and the conversion of abandoned or nonproductive oil and gas wells. At least 80 oil and gas companies have some form of participation in the geothermal sector. When major oil companies, national oil companies, oilfield-service providers, drilling contractors, engineering firms, geoscience companies, equipment manufacturers, investors, and technology startups are included, the number can reasonably exceed 100. This shift is one of the most important developments in the modern geothermal industry. Oil and gas companies already possess many of the skills required to develop geothermal resources, including geological interpretation, seismic imaging, reservoir m...
Mastering the Subsurface: A Geothermal Reservoir Engineer's Insights on EGS, Stimulation, Digital Twins, and the Future of Clean Baseload Power
Geothermal energy is often called the “quiet backbone” of the clean energy transition. To understand the science, challenges, and innovations driving this sector, we spoke with a seasoned geothermal reservoir engineer with experience spanning the Andes, Nevada, Utah, and volcanic fields worldwide. Here’s what they shared. By: Robert Buluma This interview was conducted by Robert Buluma, Founder of Alphaxioms. The responses were provided by Jerjes Porlles, Ph.D., Regional Technical & Business Development Manager – Latin America at Avasthi & Associates, Worldwide Energy Consulting. 1. What sparked your passion for geothermal reservoir engineering, and did you ever imagine yourself working in some of the world’s most challenging geothermal fields ? My passion was sparked during my early career in the petroleum industry, specifically in reservoirs. I was fascinated by the subsurface—how fluids move, how heat and pressure interact but it wasn’t until I worked on projects in Peru...