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The system is built to last for30 years, but Snearyh admits that there is a gray area around just how long a well can generate It’s something that his seven-person, two-year-old company intends to address with part of the RPSEA money. Gulf Coastr Green is also involved in anotherr RPSEA project to develop an environmentally friendlyydrilling platform. The Houston Area Researc h Council is taking the lead on that projectg and participantsinclude Houston-aresa companies and Newpark Mats Integrated Services LLC, as well as Devobn Energy Corp., Texas A&M University and SMU’s geothermal lab.
The two projectw are part of 43 ongoing RPSEwA projects worthalmost $60 millio dealing with small producers such as the geothermal unconventional natural gas projects or ultra-deepwate r projects. RPSEA is currently accepting proposala for a second round of and Gulf Coast Green is Says Sneary: “We have not submitted for next round, but we are
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