The Baker Hughes Energy Innovation Center in Oklahoma City, Oklahoma (source: GreenFire Energy)
GreenFire Energy Inc. will provide its Advanced Geothermal System (AGS), a closed-loop technology, as an industrial affiliate in the Wells2Watts Geothermal Energy Consortium. The consortium’s near-term focus is in using closed-loop geothermal technology to transform dry, non-productive geothermal wells and non-productive oil and gas wells into geothermal wells capable of producing electrical power.
GreenFire Energy’s AGS will be used in the first consortium project that will demonstrate the technology under many different reservoir and well conditions. Previously, the technology was used in the first field-scale demonstration of closed-loop technology at the Coso geothermal field in Coso, California.
The consortium project will run controlled closed-loop geothermal testing using a test well at Baker Hughes’ Energy Innovation Center in Oklahoma City, Oklahoma. The project will create the first of its kind closed-loop geothermal laboratory in the world. GreenFire Energy and strategic partner, Vallourec, will provide in-kind materials and labor for construction, testing, and piloting.
“Working with Baker Hughes and the other Wells2Watts Geothermal Energy Consortium members to advance our closed-loop technology to retrofit non-productive oil and gas wells is an extraordinary technical and economic opportunity for GreenFire Energy,” said Joseph Scherer, chief executive officer, GreenFire Energy Inc.