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Effective URL: https://www.gradientgeothermal.com/
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Effective URL: https://www.gradientgeothermal.com/
Submission: On February 25 via api from US — Scanned from US
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AboutSERVICEsAdvantagesTEAMCONTACT BENJAMIN BURKE, PHD Chief Executive Officer, Gradient Geothermal Ben is a subsurface resource professional, trained as a geoscientist and educator. His previous employment includes ExxonMobil Upstream Companies, Noble Energy, and Woodard & Curran, Inc. AB, Bowdoin College; MBA, Texas A&M University; PhD, Dartmouth College. TALAL DEBS, PHD Founder, Chief Strategic Officer, Director Talal is an expert in energy investing and a thought leader. He held senior roles at JP Morgan in finance and risk, lectured at Harvard and the London School of Economics, and received his PhD in Foundations of Physics from Cambridge. His publications include the book, Objectivity, Invariance and Convention, published by Harvard Press. JOHANNA OSTRUM Chief Operating Officer Johanna's extensive expertise spans the Oil and Gas industry, where she has excelled in engineering, regulatory, policy, and management roles. Her professional journey includes significant contributions at Noble Energy, SM Energy, Extraction Oil & Gas, and the Clean Air Task Force. Currently, Johanna is a valued member of the Board of the Energy Leadership Institute. She holds a Bachelor of Science in Geological Engineering from Montana Tech. CATHERINE FLAX Chairman Catherine is an energy sector and finance senior executive with experience leading both large scale and early-stage companies. Formerly global CMO, CEO commodities EMEA at JP Morgan and Head of FICC at another leading financial institution, she currently serves on the Board of the Independent System Operator of New England. LIA SEDILLOS Chief Technology Officer Lia N. Sedillos has over 20 years in the Oil & Gas industry. Most recently as VP of Technical Sales at Covia Corporation and Engineering and Operations Manager at Noble Energy. BS in Engineering and a ME in Petroleum Engineering from the Colorado School of Mines, MBA from Tulane University JEREMY LINZEE Chief Development Officer Former Chief Design Officer at FullStack Modular, a Modular Design, Construction, Manufacture company. AB Harvard and M.Arch from Princeton University School of Architecture. FOSSIL TO FUTURE TRANSFORMING HYDROCARBON INFRASTRUCTURE FOR A SUSTAINABLE GEOTHERMAL TOMORROW Learn More HXC Geothermal System ABOUT TRANSFORMING HYDROCARBON INFRASTRUCTURE FOR A SUSTAINABLE GEOTHERMAL TOMORROW As we transition into a carbon-free electricity future, we need all forms of renewable energy to power the world. Geothermal energy is clean, renewable, and most importantly baseload. Gradient Geothermal Inc, formed by the combined expertise of Transitional Energy LLC and X Machina Sustainable Technologies Inc., is based in Denver, Colorado and was founded to create the world’s premier producer of geothermal energy in the oil and gas sector. Business Divisions BUSINESS DIVISIONS AN INTEGRATED APPROACH DESIGNED TO MAXIMIZE THE POTENTIAL OF GEOTHERMAL ENERGY WITHIN THE OIL AND GAS INDUSTRY Our business focuses on 4 areas within the creation of geothermal power in the oil and gas space. They are as follows: Touch to highlight info below 1 Leasing Leasing Equipment leasing and logistics for geothermal equipment to outside clients 2 Energy Energy Electricity sales to site owner and/or grid 3 Consulting Consulting Research and grant development of geothermal assets and technologies for company projects as well as outside clients 4 DIRECT USE DIRECT USE Geothermal heat sales for civic, residential, commercial, industrial, and/or agricultural use SERVICES UNLOCKING THE HIDDEN VALUE OF THERMAL RESOURCES Gradient Geothermal offers a comprehensive solution for oil and gas operators looking to optimize their energy use and reduce their carbon footprint. Our HXC Sled fit-for-purpose ORC equipment can be used to cool produced fluids to meet pipeline specification and generate onsite, emissions-free, geothermal electricity for use on the pad or to be net-metered to the grid. 2.9M US Market 500k+ Applicable Wells 13GW Potential Energy Production $11.4Bn Potential Market Size 18.2M Tons CO2 avoided / year SERVICES 1. THERMAL RESOURCE EVALUATION At Gradient Geothermal, we offer a comprehensive solution for oil and gas operators looking to optimize their energy use and reduce their carbon footprint. Our HXC Sled plus fit-for-purpose ORC equipment can be used to cool produced fluids to meet pipeline specification and generate onsite emissions-free electricity for use on the pad or to be net-metered to the grid. Before installing our equipment, we provide a specific use case evaluation of your thermal resources and the associated economic benefits of such an installation. This benefit analysis includes a thorough review of all applicable tax credits and incentives, as well as the project's all-in carbon emissions accounting. HXC Geothermal System 2. HXC GEOTHERMAL SYSTEM Gradient Geothermal provides our HXC System fit-for-purpose ORC equipment to operators for a fixed monthly fee. Our equipment can be used to cool produced fluids to meet pipeline specification as well as generate onsite emissions-free electricity for use on the pad or to be net-metered to the grid. Touch image TO PREVIEW DESIGN Side View SCROLL OVER IMAGE TO PREVIEW DESIGN Top View TECHNOLOGY INITIAL INSTALLATION IN NEVADA In May 2022, we partnered with Grant Canyon Oil and Gas LLC and ElectraTherm to successfully generate clean, lower-carbon electricity at an oil field in Nevada. The energy is used to power a portion of Grant Canyon’s operations at the oil field, reducing total greenhouse gas emissions from their operations. This was the first step in our goal to provide affordable energy that bridges the gap between fossil fuels and renewable energy. OPPORTUNITY TRANSFORMING HYDROCARBON INFRASTRUCTURE FOR A SUSTAINABLE GEOTHERMAL TOMORROW SCROLL OVER THE GRAPH FOR LARGER VIEW CAPACITY FACTOR BY GENERATION TYPE RENEWABLE ENERGY LEAD TIME CAPACITY FACTOR BY GENERATION TYPE RENEWABLE ENERGY LEAD TIME With the highest percentage of continuous output of any renewable energy source, geothermal energy is an essential component to transitioning the energy grid to non-carbon sources. Though extremely important, the development of geothermal energy has lagged behind its other renewable counterparts due to the high costs of exploration and drilling and the lengthy permitting process required. ADVANTAGES ADVANTAGES OF USING OIL AND GAS FIELD GEOTHERMAL OVER TRADITIONAL Touch to highlight info below USES EXISTING FLUID PRODUCTION 100% Oil and Gas Field Production NO EXPLORATION Eliminates Cost and Risk of Subsurface exploration NO DRILLING Utilizes Existing Wellbores SHORTER DEVELOPMENT CYCLE 94% Reduction in Activation time LOCAL USE FOR POWER Offset high carbon power sources DEFERRED P&A LIABILITIES Potential 20yrs Timeframe to defer plugging and abandonment liabilities INCREASED ENTERPRISE VALUE FROM CLEAN ENERGY MULTIPLES 50% Increased on multiple (6x to 9x) LEVERAGE EXISTING OIL AND GAS WORKFORCE Providing a just transition for 2.7M Estimated jobs lost from fossil fuel sector by 2030 TEAM THE LEADERSHIP BEHIND GEOTHERMAL'S FUTURE Our team has a deep background in Oil and Gas, Geothermal Energy and Energy Markets. BENJAMIN BURKE, PHD Chief Executive Officer, Gradient Geothermal Learn More + TALAL DEBS, PHD Founder, Chief Strategic Officer, Director Learn More + JOHANNA OSTRUM Chief Operating Officer Learn More + CATHERINE FLAX Chairman Learn More + LIA SEDILLOS Chief Technology Officer Learn More + JEREMY LINZEE Chief Development Officer Learn More + CONTACT GET IN TOUCH WITH GRADIENT GEOTHERMAL Gradient Geothermal Inc. 730 17th Street, Suite B-1, Denver, CO 80202 info@gradientgeothermal.com PARTNERSHIP POWER THE ADVANTAGES OF SYNERGETIC ALIGNMENT Gradient Geothermal was initially created by parent company X Machina Sustainable Technologies and sits within the X Machina Capital Strategies Portfolio of companies which includes Zefiro Methane Corp. About Business Division ServiceS Team Contact HXC Geothermal System Pilot Project in Nevada Advantages Gradient Geothermal Inc. All rights reserved 2024 REVENUE GENERATION & CURRENT PIPELINE GRADIENT GEOTHERMAL PRODUCES REVENUE FROM 6 INTERCONNECTED BUSINESS LINES 1 CONSULTING Research and Grant Development of Geothermal Assets and Technologies for Company Projects as well as outside clients 2 LAND Sourcing, Acquisition, and Revenue from Geothermal Land Leases for Company Projects as well as outside clients 3 SERVICE Equipment Leasing and Logistics for Geothermal Equipment to outside clients 4 ENERGY Electricity Sales to Site Owner and/or Grid 5 DIRECT USE Geothermal Heat Sales for civic, residential, commercial, industrial, and/or agricultural use 6 EQUIPMENT Manufacturing and Sales of ORC geothermal equipment to keep profit margins in house as well as benefit from additional sales 1 CONSULTING Research and Grant Development of Geothermal Assets and Technologies for Company Projects as well as outside clients 2 LAND Sourcing, Acquisition, and Revenue from Geothermal Land Leases for Company Projects as well as outside clients 3 SERVICE Equipment Leasing and Logistics for Geothermal Equipment to outside clients 4 ENERGY Electricity Sales to Site Owner and/or Grid 5 DIRECT USE Geothermal Heat Sales for civic, residential, commercial, industrial, and/or agricultural use 6 EQUIPMENT Manufacturing and Sales of ORC geothermal equipment to keep profit margins in house as well as benefit from additional sales