Geothermal asset development

Accessing 24/7 clean electrons

Is your business is looking to secure 24/7 sources of clean power to satisfy its sustainability objectives or customer demand? Have you considered geothermal as an option? Geothermal power is gaining traction as a renewable energy source because of its many benefits: grid stability, high-capacity factor, small footprint, and low emissions. In addition, technology advancements are transforming previously unsuitable geologies into viable opportunities and making projects more cost‑effective and bankable.

At SLB, we can help you explore geothermal energy as an option. Whether your objective is to build a new power plant, distribute clean electrons, or secure direct access, we can provide a single point of contact to help navigate the process. Orchestrated by leading expertise from SLB’s GeothermEx™ geothermal consulting services, SLB geothermal asset development services combine advanced subsurface technology and expertise with strategic partnerships in engineering, procurement, and construction (EPC) and project and operations management to integrate the full geothermal value chain. As a result, from demand identification to power generation, you gain access to clean electrons faster.

SLB geothermal asset development services are delivered via one of three options:

• Energy at the wellhead—We’ll develop your field, ready to plug into your power plant design.
• Energy at the plant—We’ll develop your asset and turn it over to you to own and operate.
• Energy for you to use—We’ll develop the asset, which will be owned and operated by our partner, and you receive clean, firm, and flexible energy.

• Commercial and industrial businesses looking for 24/7 renewable energy to meet net-zero or sustainability objectives
• Military complexes looking for a secure, reliable, and local source of energy
• Firm, baseload renewable power for independent power producers or utilities
• Grids looking to improve stability
• Plants looking to address intermittency with renewable baseload power

SLB’s geothermal asset development services reduce risk, improve project economics, and accelerate the production of clean electrons by providing a comprehensive solution. This includes

• advanced modeling systems to reduce uncertainty during geothermal exploration
• innovative drilling technologies utilized in more than 12,500 wells and 87 million meters of integrated well construction
• specific solutions to optimize development and production
• innovative technologies to fast-track next-generation systems and enhance existing assets
• commercial models tailored to meet your financial needs and objectives.

Photo above was taken at Ormat's Casa Diablo 4 - CD4.