Geothermal - Turning Liabilities into Assets
Repurposing end of life Oil and Gas Wells and Drilling New Closed Loop Geothermal Wells
Page last modified
April 19 2024
CeraPhiWell™ proprietary patents covers the design and installation of a downhole heat exchanger system utilizing existing technologies in a novel manner. The system has a level of flexibility that allows the recovery of commercially useable heat energy from the sub-surface virtually anywhere around the globe. Additionally, the CeraPhiWell™ can be considered a fallback / insurance option for those wells that fall short of expectations regarding well production. In this type of instance CeraPhiWell™ retrofit architecture can be installed to bring some commercial return instead of having to undertake a costly well abandonment.
Pros & Limitations
1
Extending Well Life After Production Use
1
Generates Carbon Offset
1
Additional Revenue Stream
1
Reducing Operational Costs
1
Provides Renewable Energy ESG Value Proposition
0
In the Early Stages of Implementation and Deployment Onshore
Specification
| Title | Description |
|---|---|
| Theme/Discipline | Emission ReductionWell Plug and AbandonmentUtilities & Heat Transfer |
| Core Tech | Power Generation |
| Industry | Geothermal |
|
Well Design
|
Advanced Closed Loop System
|
|
Tubing Coaxial Design
|
Heat Exchanger
|
|
Software Design
|
Heat Transfer Modelling Software
|
Technology Readiness Level
The Technology Readiness Level (TRL) indicates the maturity level of novel technologies. Learn more about the TRL scale used by us.
[9/9]
Development
Technology demonstration
Mature / Proven
CeraPhi is on a mission to change the way we use energy, using the earths heat from deep wells and end of life oil and gas wells to produce clean baseload energy, building energy security, cleaning up the environment, and helping fossil fuel companies transition to net zero.
CeraPhi Energy has developed a novel solution to reuse end of life oil and gas wells, using its proprietary down hole heat exchanger system we extract existing heat by circulating working fluids through a closed loop system carrying the heat to the surface to turn ORC's to produce 100% clean electricity to produce green hydrogen. The system will extend the life of none productive Oil and Gas wells deferring plug and abandonment liability and transitioning these liabilities into clean energy assets to produce clean green hydrogen.
Country of Headquarters
United Kingdom
Relative Business Impact
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