Renewables

Oil company Mazarine Energy developing geothermal project for oil, gas wells in Romania

mazarine energy romania oil well geothermal

Photo: Mazarine Energy

Published

May 19, 2021

Country

Comments

comments icon

0

Share

Published:

May 19, 2021

Country:

Comments:

comments icon

0

Share

Oil and gas company Mazarine Energy has started a project for using geothermal energy by repurposing some of the current oil and gas wells in its Romania’s portfolio.

Mazarine Energy operates 28 oil and gas fields in Romania as well as five gas-to-power units with a total installed capacity of 8.3 MW, according to the company’s website.

Many companies in the petroleum industry have already started developing geothermal projects or they plan to do it

Many companies in the petroleum industry have already started developing geothermal projects or they plan to do it, and Mazarine is among companies with such interest in Romania, said Spencer Coca, country manager at Mazarine Energy and president of the Romanian Petroleum Exploration and Production Companies Association (ROPEPCA), Energynomics reported.

Mazarine will stop oil production in three fields and use them for geothermal projects

According to Coca, Mazarine will abort oil production in three wells near the Bucharest ring road and use them for geothermal projects. The company is cooperating with a firm from the United Kingdom specialized in geothermal technology that is using closed-loop systems with heat pumps that are placed inside the well. The system requires only one well instead of one for injection and another for production.

Geothermal projects cannot be developed on a large scale without the involvement of the oil industry

“This is the future,” Coca said, claiming that from a cost perspective, it’s much more effective to use such a system than to start drilling injection wells that are very expensive.

He said geothermal projects cannot be developed on a large scale without the involvement of the oil and gas industry. In his view, it is as an opportunity for the industry to participate in the energy transition.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Horius exclusive distributor PupinEnergy chargers Serbia

Horius becomes exclusive distributor of PupinEnergy chargers for Serbia

25 April 2025 - Horius signed an exclusive agreement and became the authorized distributor of PupinEnergy AC electric vehicle chargers in Serbia

Project Albania first gas power plant enters next stage

Project for first gas power plant in Albania enters next stage

25 April 2025 - Greece-based GEK Terna and DEPA Commercial are preparing to build the first gas power plant in Albania, with local partner Gener 2

catl Naxtra Battery sodium ion lithium

CATL: World’s first mass-produced sodium ion battery is here

25 April 2025 - Naxtra breaks resource constraints and strengthens the foundation of the new energy industry, according to CATL

Terna Energy pumped storage wind power hybrid Amari Crete

Terna Energy to make pumped storage, wind power hybrid in Amari in Crete

25 April 2025 - Greek company Terna Energy, recently acquired by Masdar, made a step forward in its Amari hybrid power plant project in Crete