Geopressured-Geothermal Commercialization: Four Mid-Term Cameos
- Key words
- Geopressured; Commercialization; Moderate Temperature; Methane; Reservoir Parameters; Economics; Legal; Incentives; Taxes; Boiler Fuel; Petrochemicals; US DOE; University of Texas Austin
- Location
- United States
- Conference
- Geothermal Resources Council Transactions
- Year
- 1979
- Session
- Geopressured reservoirs; Economics; Laws and regulations; Ta
- Language
- English
Abstract
Four of the most probable patterns ("cameos") for commercialization of geopressured-geothermal energy in the mid term are presented here. Mostly because of anticipated physical limitations of the resource itself, the cameos presented do not contemplate the geothermal generation of electricity in excess of reinjection needs. The economics of utilizing this low grade (325°F) heat source in process applications in the mid term suggest that such use will be, if at all, only incidental to other uses. Production of the resource of rits methane content (40scf/bbl) is at the heart of each mid term cameo presented; because of historic natural gas curtailment policies and the ERA's exemption of geopressured methane from boiler fuel restrictions, development of the resource is potentially attractive to several types of firms.
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