“. . . An expanding geothermal space means more job opportunities for geologists and other highly qualified personnel in Canada’s oil and gas industry.”

How do we leverage a skilled oil & gas workforce in the transition to a low-carbon future?

“A career path is rarely a straight line. Following your passions, lead from that place, explore and lean into what your skills are. Lisa Mueller has a love for writing and a passion for solving complex engineering problems. Today she finds herself using both of these skills while working to solve one of the most complex problems of today... delivering low to no carbon energy. With FutEra Power, Lisa is working on delivering a groundbreaking co-produced geothermal power project.”

“‘We can create so much advantage by using our existing oil and gas infrastructure, and expertise, to transition to a lower carbon future,’ she says. ‘Energy literacy is getting people both internally (within Canada) and externally (global community) to see the changes that are necessary.’”

“In the context of Alberta’s growing geothermal sector, the FutEra model sets itself apart in that it is truly transitional within one operational framework — by directly linking the inherent value in conventional oil and gas operations to a future baseload energy source.”

“Canadian start-ups are leveraging their oil and gas drilling expertise to attract international attention in the geothermal sphere. These projects demonstrate the potential for [the] development of geothermal energy and the existing talent for Canada to become an industry leader.”

In May 2021, FutEra Power Corp. (“FutEra”), a subsidiary of Razor, entered the project execution stage of its Geothermal Project. FutEra expects the total capital cost of the Geothermal Project to be C$34 million. Stage Gate 1 is fully funded. Stage Gate 2 requires additional financing, which FutEra continues to seek. With both Stage Gate 1 and 2 of the Geothermal Project complete, the total nameplate electricity output will be 18 MW, of which up to 30% will be sustainable clean power generation (so around 6 MW).