Sage Geosystems Company Research Report

Company Overview

Name: Sage Geosystems™

Mission

Sage Geosystems™ aims to make geothermal energy available and affordable everywhere by ingeniously harnessing both heat and pressure, utilizing proven oilfield technology to cut costs and provide reliable, flexible, and sustainable geothermal power and energy storage solutions.

Founded

Sage Geosystems was founded in 2020 by former oil and gas professionals with expertise from Shell, ExxonMobil, Weatherford, and General Electric, bringing over 150 years of combined oil and gas industry experience and over 200 patents.

Key People

Cindy D. Taff – Chief Executive Officer

Dr. Lev M. Ring – President

R. Lance Cook – Chief Technical Officer

Jason Peart – GM of Strategy & Development

Douglas R. Simpkins – Director of Simulation and Modeling

Mike Eros – Chief Geoscientist

Shannon Bolton – Project Manager

Brianna L. Byrd – Operations Engineer & PR Manager

Dayton Trichel – Operations Supervisor

Mauricio Rivas – Project Engineer

Parker Anderson – Geosystems Engineer

Holly Hicks – Administrative Manager

Headquarters

515 W Greens Road, Houston, TX 77067

Number of Employees

No information is available

Revenue

No information is available

What is the Company Known For

Sage Geosystems is known for its innovative Geopressured Geothermal System (GGS) technology which ingeniously harnesses both heat and pressure to double energy output and advance sustainable power solutions.

Products

Geopressured Geothermal System (GGS)

High-Level Description: A unique geothermal system leveraging both heat and pressure in a well to double energy output.

Key Features:

Baseload power available 24/7

Protected from storms and freezes

Secure and suitable for critical infrastructure

Zero emissions and low maintenance

Easily scalable to megawatts

Easy regulatory approval

Geothermal Energy Storage Solutions

High-Level Description: Advanced energy storage systems enabling efficient storage of renewable energy.

Key Features:

EarthStore and Battery+ solutions

Allows continuous operation of renewables during off-peak periods

Eliminates energy curtailment

Ensures reliable and sustainable power generation

Subsurface Tools and Solutions

High-Level Description: Technologies designed to harness geothermal energy from diverse geological formations.

Key Features:

HEATROOT™

SCO2 Technologies

HEATCYCLE™

HEATFLOOD™

Single well EGS design to eliminate exploration risks

GeoTwin Geothermal Modeling

High-Level Description: An advanced system-level geothermal modeling tool to estimate potential geothermal power generation.

Key Features:

Comprehensive analysis

Accurate predictions

Cost-effective solutions

Provides competitive advantage by reducing capital expenditure

Recent Developments

New Products Launched

GeoTwin Geothermal Modeling: Enhances accurate estimation of geothermal power generation.

New Features Added to Existing Products

No information is available

New Partnerships

Meta Platforms, Inc: Announced a new agreement to expand geothermal power use in the U.S., supporting Meta’s data centers with up to 150 MW of new geothermal baseload power.

Key Events

KPMG’s Global Energy Conference (May 17, 2024): CEO Cindy Taff attended.

Offshore Technology Conference (OTC) 2024 (May 9, 2024): Cindy Taff served as a panelist.

Global Issues Summit 2024 (April 25, 2024): Mike Eros, Chief Geoscientist, attended.

Pentagon Contract (May 21, 2024): Received a contract to investigate geothermal power plant site for the Pentagon.

Agreement with Meta (August 26, 2024): Announced a partnership with Meta Platforms, Inc for next-generation geothermal power generation.

Regulatory and Industry Participation

U.S. Air Force Feasibility Study: Sage is working on installing a 3 MW geothermal plant at the Ellington Field Joint Reserve Base in Houston, Texas, under the Defense Innovation Unit’s initiative.

Utility Companies Target: Works with utility companies to increase renewable power generation to manage solar and wind intermittency and peak demands.