RESPEC Grows Geothermal Expertise with Acquisition of Geothermal Resource Group, Inc.
RESPEC Inc. (RESPEC) is pleased to announce the acquisition of Geothermal Resource Group Inc. (GRG), a premier provider of geothermal exploration and drilling management services, effective August 31.
With over 20 years of experience, GRG has successfully operated in 18 countries across six continents, contributing to 87 hot water and steam fields worldwide. Their expertise spans from geothermal exploration to on-site drilling management and development planning, offering comprehensive, cost-effective solutions for resource engineering needs.
“This acquisition aligns with our mission to be the lead firm in North America for geothermal energy development,” says Dr. Matt Minnick, manager of RESPEC’s Geothermal Energy group. “GRG’s experience, reputation, and innovative approach to geothermal well drilling will significantly contribute to our global expertise in delivering sustainable energy solutions.”
GRG’s services include well design, workover design, detailed drilling procedures, and permit preparation. Their reservoir engineering skills, including numerical modeling and well testing, will complement RESPEC’s existing portfolio and drive forward our commitment to a cleaner future.
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