To say the geothermal industry is heating up in the U.S. might be an understatement.
Once shunned by potential investors due to project failures, poor planning and other investment risks, geothermal company leaders and others in the energy sector are turning the situation around.
And they are using techniques from oil and gas company playbooks. Think horizontal drilling and multi-well pads. Oilfield service companies are unearthing new ways to use their products, such as insulated tubing to minimize heat loss and maximize energy as fluids in geothermal wells move from the subsurface to the surface.