Harvesting the Technical, Environmental and Commercial Synergies Between the O&G and Geothermal Sectors
The workshop will offer an open forum to integrate two geo-energy communities where technical, environmental, social and business aspects associated with geo-energy exploration, development and production activities will be presented and discussed. The workshop will evolve around a two day program where on the first day a series of key-notes on all themes will provide the basis for in depth discussions, and where on the second day the community will share their knowledge and experiences through presentations and posters to explore the synergies in smaller groups. All with the purpose of coming to a final take-away: which opportunities should be redeemed, which synergies should be nurtured and which bridges are still to be build?
Although years of subsurface experiences are available for the fast-growing geothermal sector, real-life examples of true cross-fertilization that exceed good neighborliness are limited. For one is the subsurface (play) leading, while for the other the surface (demand) is leading. It is a difference of local markets in comparison to a huge world market. And the budgets available and the revenue streams are incomparable, as well as the economic lifetimes, whilst the risk exposure is comparable.
But despite the differences, the close collaboration is critical to enable the achievement of ambitious sustainable heating and electricity supply objectives. We believe that from a more integrated development, operation and collaboration, we can both preserve and create more societal, economical, technical and commercial value.
The continued changing global energy supply and demand landscape observed over the last 10 years, is currently leading to an unprecedented rethinking of energy industry priorities and long-term strategies. The need for improving the knowledge and technology transfer are sometimes recognized, but mostly not acted upon. In the field of exploration, development, production and abandonment the opportunities and synergies – although not yet widely valorized – are present and are the topics of our workshop.
Discussing and sharing experiences, best practices and knowledge on how to get the best from both the O&G sector and the geothermal sector, in order to both accelerate and improve the quality of the geo-energy transition, are the goals of a 3-halfday workshop organized by the AAPG and IGA , virtually during the 7th - 9th April 2021.
The workshop will offer an open forum to integrate two geo-energy communities where technical, environmental, social and business aspects associated with geo-energy exploration, development and production activities will be presented and discussed. The workshop will evolve around a 3 half day program where each session will start with a Keynote presentation followed by a series of talks which will provide the basis for in depth discussion during a panel discussion that will close each day. All with the purpose of coming to a final take-away: which opportunities should be redeemed, which synergies should be nurtured and which bridges are still to be build?