Geoflow Imaging

GEOFLOW IMAGING IS A GLOBAL COLLECTIVE OF SCIENTISTS, DEVELOPERS AND BUSINESS EXPERTS WHO COLLABORATE TO MAKE GEOTHERMAL ENERGY MORE COMMERCIALLY VIABLE THAN TRADITIONAL SOURCES OF POWER. It’s difficult to build a robust business case for geothermal exploration today. Existing seismic techniques provide little detail, instead they rely on data from drilling speculative wells at a high cost to investors. Our precise exploration technology allows the economic output of a site to be accurately measured before any wells are sunk. Exploration costs are projected to be reduced by at least 50%, finally making geothermal highly competitive with other energy sources. The same precision techniques will also be used to locate productive new wells in existing fields, in order to boost their financial return. The technology is in a final testing phase with full field trials in Java, Indonesia, scheduled for completion in early 2019. Once fully proven, we expect GeoFlow Imaging to invigorate the geothermal sector and enable many low emission opportunities to be realised in the fight against climate change.

Auckland, Auckland Region
Founded in 2019
1-10 employees

GEOFLOW IMAGING IS A GLOBAL COLLECTIVE OF SCIENTISTS, DEVELOPERS AND BUSINESS EXPERTS WHO COLLABORATE TO MAKE GEOTHERMAL ENERGY MORE COMMERCIALLY VIABLE THAN TRADITIONAL SOURCES OF POWER. It’s difficult to build a robust business case for geothermal exploration today. Existing seismic techniques provide little detail, instead they rely on data from drilling speculative wells at a high cost to investors. Our precise exploration technology allows the economic output of a site to be accurately measured before any wells are sunk. Exploration costs are projected to be reduced by at least 50%, finally making geothermal highly competitive with other energy sources. The same precision techniques will also be used to locate productive new wells in existing fields, in order to boost their financial return. The technology is in a final testing phase with full field trials in Java, Indonesia, scheduled for completion in early 2019. Once fully proven, we expect GeoFlow Imaging to invigorate the geothermal sector and enable many low emission opportunities to be realised in the fight against climate change.

Company Information

Industry
Company Type
Privately Held
Founded
2019
Employee Range
1-10
Revenue Range
Not available

Location

Address
43 High St Auckland
City
Auckland
Region
Auckland Region
Postal Code
1010
Country
New Zealand

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