Geothermal and hydrocarbon exploration -the double play synergy
conference paper
There is a clear synergy possible in geothermal and hydrocarbon exploration if wells are targeted in a double play concept. In the Netherlands, clastic aquifers which have been explored extensively by the hydrocarbon industry and are now targeted for geothermal energy qualify well for a double play. Through a simple example we demonstrate quantitatively the benefit of the double play in monetary risk and reward of an exploration project. Furthermore, we evaluated the potential effects of synergy for a synthetic portfolio of gas prospects in the Netherlands. It is shown that the potential benefits may be considerable and can lead to approximately 7 BCM additional gas being produced, and in the order of 10 geothermal doublets being developed.
Topics
TNO Identifier
954568
ISBN
9781632666949
Publisher
European Association of Geoscientists & Engineers
Source title
76th European Association of Geoscientists and Engineers Conference and Exhibition 2014: Experience the Energy - Incorporating SPE EUROPEC 2014, 76th European Association of Geoscientists and Engineers Conference and Exhibition 2014: Experience the Energy - Incorporating SPE EUROPEC 2014, 16 June 2014 through 19 June 2014
Pages
2659-2663
Files
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