Thursday, January 19, 2006

Petroleum firms turning to geothermal energy & synfuels

Odessa American Online: Serving the Permian Basin of West Texas:
by Bill Modisett, Odessa America -- 1/19/2006
"Richard Erdlac with the UTPB Center for Energy and Economic Diversification told the gathering abandoned oil and gas wells 'might be a gold mine waiting for someone to deepen to get into the hot water zone.'
Erdlac said he is now talking with two oil companies about the prospect of using abandoned wells for geothermal energy production. He said a recent government report noted the deepest wells throughout West Texas had water in them with temperatures nearing 400 degrees...
'The possibility that Texas has for using hot water for generating geothermal energy is fantastic,' he said."

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