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Angus Energy is looking to leverage its oil and gas drilling and engineering assets to develop geothermal energy projects in the UK.
Subsurface software developer Getech announced on Monday that it had completed a geothermal study for UK-based oil and gas company Angus Energy, demonstrating “significant potential” for development of the clean energy source in the UK.
Angus Energy is looking to leverage its oil and gas drilling and engineering assets to develop geothermal energy projects in the UK, the companies said in a joint press statement. To achieve this, Angus deployed Getech’s subsurface software technology to locate and assess promising areas for geothermal energy production in south-west England.
Getech successfully identified favourable locations for geothermal energy applications in the study’s areas. The company has also produced a geoscientific interpretation that included structural mapping, depth estimation and heat flow analysis. The assessment, which featured 2D modelling and 3D inversions, will enable Angus Energy to make informed and cost-effective decisions regarding future development phases for geothermal projects.
Richard Bennett, acting CEO at Getech, said: “Given the drive for new ways to decarbonise operations and provide consistent heat and power, investment in alternative energy sources such as geothermal is ramping up. Getech’s subsurface and geoscience expertise is helping Angus Energy take an important step toward developing sustainable energy solutions that bolster the UK’s energy security and advance decarbonisation efforts.”
Angus Energy CEO Richard Herbert added: “We are pleased to have made good progress in bringing some of our traditional skills and focus on subsurface assessment out of the world of hydrocarbons into that of alternative energies. We are grateful to Getech for their professionalism, which will assist in de-risking future geothermal drilling programmes by all players in this developing sector.”
Interest in geothermal energy in the UK has begun to ramp up in recent years as the country looks to meet decarbonisation targets and bolster energy security. In March, UK-based geothermal developer Geothermal Engineering (GEL) secured $18m (£15m) to build the UK’s first commercial-scale deep geothermal power plant. In the same month, geologists at the British Geological Survey published a research paper mapping out in detail regions in central and southern England with the greatest potential to generate geothermal energy. |
