scholarly journals The Utilization of Abandoned Petroleum Wells in Geothermal Energy Sector. Worldwide Trends and Experience

2020 ◽  
Vol 154 ◽  
pp. 05004
Author(s):  
Anna Chmielowska ◽  
Barbara Tomaszewska ◽  
Anna Sowiżdżał

Since the oil crises in the 1970s, geothermal resources have received much attention and researches aimed at its recognition have been conducted all around the globe. Nevertheless, the investment cost associated mainly with drilling works is a crucial limitation for the successful implementation of new geothermal projects. The radical solution affecting the cost effectiveness of any geothermal investments might be an adaptation of existing un-exploited boreholes of the oil and gas sector for geothermal purposes. Moreover, a few studies on heat and/or energy recovery from oil and gas provinces have indicated that a tremendous amount of geothermal energy co-exists with petroleum fields. Thereby, the article centres on global concepts related to the adaptation of boreholes after the exploitation of hydrocarbon deposits or negative exploratory wells in order to exploit geothermal energy resources. Selected concepts focused on possible electricity production and the space heating sector are discussed. Other potential technologies based on utilization of geothermal energy attained by borehole heat exchangers are also indicated.

2021 ◽  
Vol 73 (01) ◽  
pp. 32-35
Author(s):  
Judy Feder

Geothermal energy has been described as an engineering problem that, when solved, provides the clean, reliable, safe, and affordable energy being sought globally. It is highly likely that the engineers who play the biggest role in solving that problem, and the technologies they adapt and advance, will come from oil and gas. There is enough energy in the earth’s crust, just a few miles down, to power all of humanity for ages, according to the US Advanced Research Projects Agency-Energy. The problem is how to tap into it safely, efficiently, and cost effectively. After many years of failure to launch because of technology or cost limitations, new companies and technologies - and smarter ways of leveraging those that already exist - are bringing geothermal out of its doldrums, to the point that it may finally be ready to scale and become a major player in the transition to cleaner energy, according to Jamie Beard, executive director of the Geothermal Entrepreneurship Organization (GEO) at The University of Texas at Austin (UT-Austin). “The cutting-edge technological developments in geothermal are devoted to drilling into ever-deeper, hotter, and harder rock,” she said, “and oil and gas holds the key to cost reduction for all of these concepts.” Eric Van Oort, drilling and well engineering expert, educator, and scientist, agrees. The UT-Austin engineering professor and director of the rig automation and performance improvement in drilling (RAPID) industry consortium, said, “Fifty to seventy-five percent of the cost of geothermal development is tied up in drilling and well construction. To scale it, we have to reduce that cost.” Designing for Extremes Well design for geothermal wells is similar to that for oil and gas wells. The challenges arise from drilling deeper and deeper, into hotter and hotter rock. Heat ranging from 150°C (302°F) to 373°C (703°F) and above can be used to profitably generate electricity. Oil and gas well designs traditionally have not had to contend with these extremes. Thermal considerations are unavoidable in deep geothermal well construction. Temperature and thermal effects, chemical composition of produced fluids, and rate of production or pressure depletion pose significant challenges to well casing and design. Nick Cameron, reservoir characterization manager at BP and leader of the supermajor’s studies into geothermal energy, said his company is using corporate data, geological understanding, and oil and gas expertise and experience to look at where their technology can reduce risk and drive down the cost of development. “Metallurgical understanding of materials and how they handle heat is crucial to these efforts,” he said. “Fortunately, there have been significant advancements in this area in recent years.” Cameron said that much work is also being done into changing the chemical composition of the fluids that flow through the geothermal reservoirs.


Author(s):  
Gianfranco Guidati ◽  
Domenico Giardini

Near-to-surface geothermal energy with heat pumps is state of the art and is already widespread in Switzerland. In the future energy system, medium-deep to deep geothermal energy (1 to 6 kilometres) will, in addition, play an important role. To the forefront is the supply of heat for buildings and industrial processes. This form of geothermal energy utilisation requires a highly permeable underground area that allows a fluid – usually water – to absorb the naturally existing rock heat and then transport it to the surface. Sedimentary rocks are usually permeable by nature, whereas for granites and gneisses permeability must be artificially induced by injecting water. The heat gained in this way increases in line with the drilling depth: at a depth of 1 kilometre, the underground temperature is approximately 40°C, while at a depth of 3 kilometres it is around 100°C. To drive a steam turbine for the production of electricity, temperatures of over 100°C are required. As this requires greater depths of 3 to 6 kilometres, the risk of seismicity induced by the drilling also increases. Underground zones are also suitable for storing heat and gases, such as hydrogen or methane, and for the definitive storage of CO2. For this purpose, such zones need to fulfil similar requirements to those applicable to heat generation. In addition, however, a dense top layer is required above the reservoir so that the gas cannot escape. The joint project “Hydropower and geo-energy” of the NRP “Energy” focused on the question of where suitable ground layers can be found in Switzerland that optimally meet the requirements for the various uses. A second research priority concerned measures to reduce seismicity induced by deep drilling and the resulting damage to buildings. Models and simulations were also developed which contribute to a better understanding of the underground processes involved in the development and use of geothermal resources. In summary, the research results show that there are good conditions in Switzerland for the use of medium-deep geothermal energy (1 to 3 kilometres) – both for the building stock and for industrial processes. There are also grounds for optimism concerning the seasonal storage of heat and gases. In contrast, the potential for the definitive storage of CO2 in relevant quantities is rather limited. With respect to electricity production using deep geothermal energy (> 3 kilometres), the extent to which there is potential to exploit the underground economically is still not absolutely certain. In this regard, industrially operated demonstration plants are urgently needed in order to boost acceptance among the population and investors.


2021 ◽  
Author(s):  
Aniko Toth ◽  
Peter Szucs ◽  
David K. Fenerty

Abstract There are many compelling arguments for using geothermal energy in Hungary. One of the most important is that the country could thereby exploit its abundant, relatively untapped network of geothermal reservoirs. These are considerably warmer and closer to the surface than in most of Europe. In the foreseeable future, Hungary’s geothermal resources can satisfy the conditions required for efficient energy production. The tremendous amount of energy stored in our geothermal reservoirs could satisfy much of the country’s long-term energy demand.Every geothermal project is designed to fulfill its project objectives by meeting time, budget, technical, and legal/regulatory provisions. Geothermal development is necessarily exposed to risks of varying degrees throughout its development, something which distinguishes geothermal from other kinds of renewable-energy projects. These risks most often concern the availability, amount, suitability, sustainability and use-potential of the geothermal resource, but may also include market, financing, commercial and macro-economic risks.


2018 ◽  
Vol 7 (2) ◽  
pp. 188-199 ◽  
Author(s):  
Barbara Tomaszewska ◽  
Anna Sowiżdżał ◽  
Anna Chmielowska

Abstract Geothermal resources have been used in Poland since the 90s of the last century. Since then, several geothermal heating plants, recreation and balneological centers have been operated. Accessing geothermal resources is possible due to deep boreholes that are either brand-new wells or old but revitalized petroleum and/or exploratory wells. In this case, the construction of production and injection wells is of significant importance. The utilization of deep geothermal energy resources is strongly dependent on the binding domestic law regulations – primarily in case of acquiring the concession enabling an execution of geological and drilling works, and subsequently a proper exploitation. The paper presents the current state of development of the geothermal energy sector in Poland, indicating examples of exploitation systems based on deep boreholes. Furthermore, the constructions of existing wells are discussed extensively. The existing examples of old but reconstructed wells in Poland, are characterized. The importance of national law and its influence on the development of a geothermal investment is highlighted, as well.


2020 ◽  
pp. 42-56
Author(s):  
A. Dolinsky ◽  
◽  
D. Chalaev ◽  
A. Pereyaslavtseva ◽  
N. Silnyagina ◽  
...  

Geothermal resources are an almost inexhaustible environmentally friendly source of renewable energy. In Ukraine, there are large reserves of hot thermal waters, which are practically not used for the needs of heat power engineering. Analysis of literature data and previous developments carried out at the institutes of IET and IVE NAS of Ukraine made it possible to correct the general and technically possible potential of geothermal energy in Ukraine and determine the most promising directions for the development and implementation of geothermal energy. According to expert estimates, the theoretically possible energy potential of geothermal energy in Ukraine is more than 40 GW in capacity, and the economically viable potential is about 10 GW. The main area of application of geothermal energy in Ukraine is small-scale energy, within which it is possible to create local geothermal energy complexes for the production of electrical and thermal energy, the extraction of useful mineral compounds. The list of modern technologies that are successfully used in the world, and which, in our opinion, must be applied in Ukraine should include: - introduction of technologies of geothermal circulation systems (GCS) with the injection of spent (cooled) geothermal fluid into the aquifer; - introduction of technologies for double-circuit geothermal power supply systems using corrosion-resistant heat exchangers and preinsulated pipelines made of high-strength composite materials; - introduction of GCS technologies with the use of a downhole coaxial heat exchanger of the “pipe-in-pipe” type; - development of technologies for the construction of high-rate wells with horizontal or inclined shafts in an aquifer; - conversion of a significant number of individual idle wells of oil and gas fields to the extraction of geothermal energy using deep coaxial heat exchangers of the “pipe in pipe” type and creating a circulation loop with an intermediate heat carrier; - introduction of modern binary GeoPPs of medium and low power on the basis of serial power modules, for example, “Obcon Powerbox”, Sweden or “Ormat”, Israel and the organization of production of such equipment in Ukraine; - introduction of heat pump technologies to increase the temperature potential of the coolant on the basis of vapor compression heat pumps or absorption thermotransformers; - development and implementation of integrated technologies for the utilization of geothermal energy and the extraction of useful hydromineral resources. A significant reserve for the extraction of geothermal energy is suspended wells in the territory of gas fields, of which there are several thousand on the territory of Ukraine. The developed oil and gas fields, even after their complete closure for the production of hydrocarbons, remain an important energy resource, primarily in the regions of their location, and in the development of state policy and appropriate measures at the state level, and the resource of the entire fuel and energy complex of Ukraine.


2019 ◽  
Vol 86 ◽  
pp. 00034
Author(s):  
Anna Sowiżdżał ◽  
Barbara Tomaszewska ◽  
Anna Chmielowska

Geothermal energy is an internal heat of the Earth, that is a prospective and sustainable source of renewable energy. In Poland, despite having significant amount of low-temperature geothermal resources, its share in the national energy mix remains marginal but growing. Currently, the utilisation of geothermal resources is related to hydrogeothermal resources, that are used mainly in space heating, recreation and balneotherapy. Nevertheless, the indication of potential electricity production is under research. The utilisation of geothermal resources entails a plenty of environmental benefits that are particularly important in the context of the present pollution problem. Therefore, the development of the geothermal energy sector is of relevant importance and with appropriate legal and financial conditions it may have a bearing on improvement of the environment’s quality and, ipso facto, living in Poland. Thus, this paper presents numerous possibilities of obtaining a financial support for investments in geothermal energy sector. Selected funding and financial backing systems currently available in Poland are discussed. The importance of opportunity of obtaining a financial support for an investment as one of the crucial factors for the geothermal sector development is emphasised. Moreover, the examples of installations implemented in the country in the context of obtained funding are presented.


2021 ◽  
Vol 11 (5) ◽  
pp. 2411 ◽  
Author(s):  
Martina Gizzi ◽  
Glenda Taddia ◽  
Stefano Lo Russo

Geological and geophysical exploration campaigns have ascertained the coexistence of low to medium-temperature geothermal energy resources in the deepest regions of Italian sedimentary basins. As such, energy production based on the exploitation of available geothermal resources associated with disused deep oil and gas wells in Italian oilfields could represent a considerable source of renewable energy. This study used information available on Italian hydrocarbon wells and on-field temperatures to apply a simplified closed-loop coaxial Wellbore Heat Exchanger (WBHE) model to three different hydrocarbon wells located in different Italian oilfields (Villafortuna-Trecate, Val d’Agri field, Gela fields). From this study, the authors have highlighted the differences in the quantity of potentially extracted thermal energy from different analysed wells. Considering the maximum extracted working fluid temperature of 100 °C and imagining a cascading exploitation mode of the heat accumulated, for Villafortuna 1 WBHE was it possible to hypothesise a multi-variant and comprehensive use of the resource. This could be done using existing infrastructure, available technologies, and current knowledge.


2020 ◽  
Vol 26 (3) ◽  
pp. 685-697
Author(s):  
O.V. Shimko

Subject. The study analyzes generally accepted approaches to assessing the value of companies on the basis of financial statement data of ExxonMobil, Chevron, ConocoPhillips, Occidental Petroleum, Devon Energy, Anadarko Petroleum, EOG Resources, Apache, Marathon Oil, Imperial Oil, Suncor Energy, Husky Energy, Canadian Natural Resources, Royal Dutch Shell, Gazprom, Rosneft, LUKOIL, and others, for 1999—2018. Objectives. The aim is to determine the specifics of using the methods of cost, DFC, and comparative approaches to assessing the value of share capital of oil and gas companies. Methods. The study employs methods of statistical analysis and generalization of materials of scientific articles and official annual reports on the results of financial and economic activities of the largest public oil and gas corporations. Results. Based on the results of a comprehensive analysis, I identified advantages and disadvantages of standard approaches to assessing the value of oil and gas producers. Conclusions. The paper describes pros and cons of the said approaches. For instance, the cost approach is acceptable for assessing the minimum cost of small companies in the industry. The DFC-based approach complicates the reliability of medium-term forecasts for oil prices due to fluctuations in oil prices inherent in the industry, on which the net profit and free cash flow of companies depend to a large extent. The comparative approach enables to quickly determine the range of possible value of the corporation based on transactions data and current market situation.


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