Kwantis news about geothermal.https://kwantis.com/https://kwantis.com/2025/06/10/iadc-world-drilling-a-digital-approach-to-geothermal-drilling/https://kwantis.com/2025/06/10/iadc-world-drilling-a-digital-approach-to-geothermal-drilling/At the IADC World Drilling Conference in Amsterdam, Giulia Giudici delivered a poster presentation – coauthored with Enel Green Power – on enhancing geothermal drilling efficiency and economic viability through digital innovation.Tue, 10 Jun 2025 08:02:28 GMThttps://kwantis.com/2025/04/16/omc-med-energy-advanced-data-analysis-for-cost-efficient-geothermal-optimization/https://kwantis.com/2025/04/16/omc-med-energy-advanced-data-analysis-for-cost-efficient-geothermal-optimization/Drilling is a major cost driver in geothermal projects, often making up 30–50% of total CAPEX. Specialized techniques are required to manage extreme conditions, making cost reduction vital. Kwantis’ study presented at the 17th OMC Med Energy Conference & Exhibition in Ravenna explores how real-time monitoring, data integration, and performance optimization can effectively cut costs.Wed, 16 Apr 2025 07:15:49 GMThttps://kwantis.com/2023/04/13/id3-for-geothermal-energy/https://kwantis.com/2023/04/13/id3-for-geothermal-energy/Geothermal is a renewable source of energy that is more and more cost-competitive compared to fossil fuel alternatives. Drilling the wells is the most expensive part of geothermal projects. id3, kwantis flagship product for drilling performance analysis, can reduce the invisible lost time, saving up to 8% of the CAPEX.Thu, 13 Apr 2023 09:06:55 GMT