Over the past few centuries, the economic process of the specialization of labor has produced exquisitely rich intellectual and technological achievements; these achievements, however, are not lacking in dubious nature. Petroleum has become the foundation on which our technological pillars endure; it is thus noted that every single branch of our Industrialized Economy has a future which is, at least in the short term, directly correlated with the future of petroleum. For this reason, a twofold progressive path is necessary if a sustainable future is to be achieved within the U.S.: the first path is the path which ensures a secure supply of petroleum to the U.S. economy; the second path is the path which ensures the technological transition from finite to renewable sources of energy. A grievous future lies ahead if the U.S. economy fails to simultaneously pursue both of these paths. With this roadmap in focus, Geoternity is developing nanotechnology to increase access to the supply of petroleum from domestic sources.

The United States is the world's third largest producer of petroleum and has domestic reserves estimated at 1.124 trillion barrels (Undeveloped Domestic Oil Resources, 2006). However, current oil recovery technologies can retrieve an average of 1/3 of the original oil in-place within these vast reservoirs - the rest remains trapped and is labeled "stranded" oil. Geoternity's Thermotheon™ Nanostimulant Reservoir Technology has been designed to allow cost effective access to this "stranded" oil through the domestic wells owned and operated by domestic Small Producers.

Thermotheon™ also has the potential to address the retrieval of unconventional petroleum resources as effectively as it can access "stranded" resources. The combination of access to these two types of reserves represents a major portion of the domestic oil supply and, as a result, Thermotheon™ has the potential to make long-term, lasting contributions to the energy stability here in the U.S.

Drilling deep into the earth is time consuming and expensive. Conventional and unconventional rotary drilling rigs are costly to purchase, operate and maintain. According to data from the Energy Information Agency (EIA), in 2006 approximately 52,000 miles of wells were drilled across the world. As the price of petroleum products increases, the demand for wells causes a shortage in the supply of rig time available - forcing the price of drilling upwards. The average cost of drilling an onshore oil well has nearly tripled in price over the years 2004-2007.

An increase in supply of drilling time is necessary immediately - laser drilling is the answer and Geoternity has responded by creating the “Archimedes” project.

Geoternity's Archimedes Project combines our laser innovations with the latest well construction technology to construct deep earth wells with significant increases in rate-of-penetration, material transfer efficiency and directional control, while decreasing cost, environmental impact and undesired direction deviations. Lasers can be controlled with such a precision and effectiveness, Archimedes displays the potential to eliminate “dry wells”, without using any drill bits! The resolution of these factors puts Archimedes ahead of its conventional drill competition by several technological generations.

Geothermal Energy is the future target of energy production. In a recent MIT report, The Future of Geothermal Energy, MIT claims that not only is geothermal power positioned the cleanest, cheapest, most abundant and most sustainable energy type that we have available today, but “…we estimate that the extractable portion [of heat to produce electricity] to exceed 200,000 EJ or about 2,000 times the annual consumption of primary energy in the United States in 2005.” However, the current geothermal power plant technology renders this option infeasible due to economic costs, technological restrictions, production line inefficiencies and a host of other challenging factors. Our project named "HERON" promises to provide plausible solutions to the issues that arise in conventional geothermal systems.

Geoternity's SEAGE Technology utilizes the deep earth wells, produced with our laser technology, to harness the vast amounts of thermal energy generated by the nuclear processes in the core of the Earth. Our next generation geothermal production facilities will produce power at half the cost of the current least expensive industrial power producing facility with a Carbon Footprint that is nearly nonexistent. Geothermal energy plants operate on a resource that is incredibly abundant, naturally-produced, has no transportation costs and can be found beneath any location in the world!