Synthetic Supercritical Geothermal
A New Breakthrough: Scalable, Baseload, Carbon-Free Energy
WHO WE ARE
The GeoX Team
In 2019, the National Renewable Energy Laboratory (NREL) stated that the future of geothermal energy would depend on leveraging the expertise from the oil and gas industry in order to bring it to a commercialized market.
Our leadership consists of Fortune 500 oil and gas experts that have been responsible for managing the most complex oil and gas drilling projects globally. These projects have included both deepwater and land wells with high-pressure and high-temperature conditions, valued at billions of dollars for firms such as Shell, ExxonMobil, and ConocoPhillips. Synthetic Supercritical Geothermal demands the same drilling fundamentals and expertise as in the most complicated oil and gas projects, qualifying us to be the ones to bring GeoX power stations into reality.
The Department of Energy’s GeoVision report explicitly notes that geothermal's development "mirrors the oil and gas industry" because it relies on the same subsurface engineering capabilities. The core principles of geothermal projects are the same as oil and gas projects and the oil and gas industry drills 70,000 wells per year with a success rate of 99.99%, attributed to their meticulous risk mitigation strategies in design and execution.
HOW IT WORKS
Improved Oil & Gas Technology
GeoX has developed the new era of drilling technology, giving us the ability to drill into 850F formations. These temperatures exceed what traditional oil and gas tooling can operate in. GeoX’s innovative technology makes it possible to drill into and complete wells in these supercritical temperatures.
Carbon-Free, Baseload Energy
We have designed our technology to work using only water as the circulating fluid. Water is pumped into the heat exchanger and then brought to the surface as steam to power our turbines, delivering clean, carbon-free, baseload energy.
Standardized Design, LCOE - $0.025 per MW/h
Our standardized designed allows us to scale up our design to provide power stations that range from 100MWn to 5,000MWn and brings our projected LCOE to $0.025 per KW/h.
WHAT WE DO
Vertically Integrated Turnkey Power Stations
-

Geological Pre-Planning
GeoX's geophysicists evaluate and select the best possible sites for well placement and drilling.
-

Heat Exchanger System
GeoX's engineers construct heat exchangers used to circulate geothermally heated energy to surface to drive the turbines.
-

Standardized Fabrication
GeoX delivers standardized, prefabricated, modular geothermal power stations quickly.
-

System Installation
GeoX's field operation engineers install a power station and connect it to the grid.
-

Acceptance Testing
GeoX performs exhaustive acceptance testing of the heat exchanger and power station.
-

Production & Maintenance
GeoX's maintenance engineers manage and run the power station 24 hours a day, 365 days a year.