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mapson4
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In the life of many oil fields, they starts out producing mostly oil, gradually the percentage shifts to increasing amounts of "Water Fraction". At some point it is producing so much water and so little oil, it is no longer economic to continue. So the well is shut down and abandoned. With this technology, a crew can bring the electricity generator and bolt it onto an existing well. No exploration costs or risks, and start producing electricity 24 x 7, and the oil produced is now the bi-product. The abandoned wells in west Texas alone could deliver over 5000MW (Or 5 large nuclear power plants) of base load power, quickly with a modest investment and minimal emissions and no nuclear waste. According to a recent study by the Geothermal Energy Association. Nationwide there are over 2 Million abandoned oil wells. If this technology is applied, a significant amount of electricity can be generated using existing technology.