Fossil to Future

Geothermal Energy from Oil and Gas Production and Infrastructure

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

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:

AgricultureGeothermal EquipmentEnergyPilot Project
Arrow Down
Touch to highlight info below
Business Division Graphic
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.

Thermal Resources Map
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.

Arrow Down
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.

Arrow Down
Touch image TO PREVIEW DESIGN
HXC Geothermal System Side View with DescriptionHXC Geothermal System Side View
Arrow Down
SCROLL OVER IMAGE TO PREVIEW DESIGN
HXC Geothermal System Top View With DescriptionHXC Geothermal System 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.

Pilot ProjectPilot ProjectPilot ProjectPilot ProjectPilot ProjectPilot Project
Pilot Project
Pilot Project
Pilot Project
Pilot Project
Pilot Project
Pilot Project
Arrow Left
Arrow Right

Opportunity

Transforming Hydrocarbon Infrastructure for a Sustainable Geothermal Tomorrow

Arrow Down
SCROLL OVER THE GRAPH FOR LARGER VIEW
Capacity Chart
Renewable Energy Chart
Renewable Energy Chart
Capacity Chart

Capacity Factor by Generation Type

Renewable Energy Lead Time

Capacity Factor by Generation Type

Renewable Energy Lead Time

Capacity ChartRenewable Energy ChartRenewable Energy ChartCapacity Chart

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

Arrow Down
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

Benjamin Burke, PhD

Chief Executive Officer, Gradient Geothermal
Learn More +
Talal Debs

Talal Debs, PhD

Founder, Chief Strategic Officer, Director
Learn More +
Johanna Ostrum

Johanna Ostrum

Chief Operating Officer
Learn More +

Catherine Flax

Chairman
Learn More +
Lia Sedillos

Lia Sedillos

Chief Technology Officer
Learn More +
Jeremy Linzee

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.

XMC logoZMC logoXMST logo

Revenue Generation & Current Pipeline

Gradient Geothermal produces revenue from 6 interconnected business lines

Gradient Geothermal Logo
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