Tim Latimer

Oh, hey everyone. Drill, Baby, Drill. For clean energy. ift.tt/6jo5TIH

@TimDishes If I’m understanding your tweet correctly, I don’t think that applies in this situation. There is a nearly one-to-one overlap in drilling logistics and supply so routing components is a non-issue.

Doubling a small base sounds great until you're routing components for a sector still filed under 'miscellaneous.' In my experience, the logistics network fills last, not first.

@SheDrills None of the 10 in their data set are in Texas. Although it’s likely not a complete data set.

@TimMLatimer Water disposal or fresh water wells. Aquifers are being tapped in Texas.

The number of rigs drilling for “miscellaneous” (e.g. geothermal, CCS) has doubled in the last year. 1. This has become a real growth sector for the industry. 2. At 2% of rigs, lots of running room until geothermal starts running into supply constraints.

@Houstonomics I was curious how oil and gas activity was up if oil was flat and gas was flat so I took a closer look at the report. The growth was in Miscellaneous, which includes geothermal and other activities. A fast growing category year over year.

U.S. oil and gas producers increased the active rig count for a fourth consecutive week, adding one rig to reach 581. Oil drilling activity was unchanged at 445 rigs, while natural gas rigs held steady at 126. The total rig count is up 44 rigs, or 8% YoY

@ashleevance Let me know if you’d like to visit.

@TimMLatimer i was just looking at this!

Speak to me of the most interesting start-ups/tech companies in Utah and the most interesting people. . .

Energy forecasts I hard. I usually use EIA outlooks from like 2005 to show how the shale revolution took forecasters by surprise. But this find by Nat is even better. A full decade into the shale revolution and BP still hadn’t realized it had arrived.

This played out in a big way in the 2000s with shale. There were no shortages of “analysts” that were available to tell NOCs and other industry players that shale would never work so they shouldn’t be worried. And then the US became the largest oil producer in the world.

An interesting part of Disruptive Innovation is that there is always a cottage industry of thought leaders and analysts in the incumbent industry that, for a price, will comfort the incumbents by telling them that actually, you don’t need to worry about this new thing.

@luke_metro Given how boutique private financing rounds are, with investors having special rights with each share class in terms of liquidation preference and other, it would be quite difficult to assess a true independent valuation for any private company. So shorting would be hard.

Why haven’t prediction markets offered more ways to short private companies?

@v_abdelnour These discussions also happen with people in the power industry.

@TimMLatimer you mean: "Lots of discussion with VCs, SaaS entrepreneurs, and policy lobbyistis ..." they just assume that they understand a multi-trillion dollar industry with 1000s of stakeholders

Lots of discussion in energy markets uses terms like behind the meter, off grid, islanded, co-located or other jargon like they are interchangeable when in reality there are distinct definitions. This leads to a ton of confusion about what is and isn’t happening in the sector.

0. Who has access to power

Before @fervoenergy was public, @TimMLatimer was asking a sharp question: could oil and gas drilling unlock geothermal at scale? Congratulations to Tim on being named a @FastCompany 2026 Visionary of the Year. bth-energy.com/4w4XUBl

Houston geothermal unicorn Fervo Energy has named Sarah Jewett as its new COO. energycapitalhtx.com/fervo-energy-c…

@joelhedwards I have probably answered this question 1000 times so far this year. Great job succinctly explaining why our industry is different!

We get asked this question often, does geothermal have a turbine shortage like gas? No. Geothermal turbines operate at much lower temperatures (~150-250 C) than gas turbines (1300+ C), and can be forged with conventional polycrystalline steels, of which thousands of foundries can do so globally, in contrast to <10 foundries that can cast the superalloy monocrystalline blades for gas turbines. Even as geothermal scales like gas, we won't run into this bottleneck bc of our simplicity and the deep bench of foundries we can tap. The hard part for geothermal is not the topside, it's the bottomside.

@TurnerNovak @teddypowday Way ahead of you.

@teddypowday Geothermal.... in SPACE

We now have VC-backed startups in geothermal power doing: - Hydrothermal - Super-deep hydrothermal - Superhot/magma-adjacent - EGS (fracking) - EGS (electrostim) - Closed-loop - Geo-pressured - CO2-plume - Oilfield/retrofit - Seafloor thermal vents SEVERELY LACKING: - Orbital

I am getting results for American energy that is made in Utah! The House just passed my GEO Act legislation to cut red tape, speed up geothermal permitting, and help unlock Utah’s world-class geothermal energy potential. My bill requires federal agencies to make a decision within 60 days after environmental reviews are complete. This will result in more reliable American energy, more high-paying rural jobs, and more investment right here in Utah. catcountryutah.com/ixp/1124/p/mal…

BREAKING: I’m helping UNLEASH geothermal energy. As the United States continues to face both increasing energy demand here at home and rising energy costs from abroad, fully harnessing our domestic geothermal resources is more important than ever. With energy bills going up, we need to embrace an all-of-the-above approach to bring these costs down for hardworking Americans.  Today, I voted to pass the bipartisan Geothermal Energy Advancement Act to do just that.