« Lose $2M, gain your life
» Carbon Prize: Talk about putting your money where your mouth is…

Business, Energy

Deep sea geothermal?

02.08.07 | Comment?

Ormat Technologies (ORA) was granted an 11,000 acre geothermal lease off the coast of Texas. This is significant in it represents the first such lease in Texas, home of petroleum.

One has to wonder about the feasibility of tapping into such a resource in that area. By all indications it is a DEEP resource we’re talking about that will be technically difficult to tap - think ocean drilling rig expensive. We’ll watch development of this resource with interest. Thanks to Jim for passing this along yesterday.


If you liked this entry, Digg It!
Tune: Splish Splash by Bobby Darin
Technorati Tags: | | | Mike Harding Blog

related

have your say

Add your comment below, or trackback from your own site. Subscribe to these comments.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

:

:




« Lose $2M, gain your life
» Carbon Prize: Talk about putting your money where your mouth is…