Dairy-based biogas "RNG" is done at scale in the United States already, there are hundreds of large anaerobic digesters across the country turning cow waste into biogas
I see what you mean. That's more interesting than I originally thought.
If a company has a hypothetical 10 barrels of oil on hand, and is given two choices: (1) do no work and sell the 10 barrels; (2) do work, use the 10 barrels, and have 11 barrels left over to sell or use again
Why would the company choose option 2? Option 1 is both easier and results in 10x the immediate value. I suppose over enough cycles (i.e. >10x), the "1 additional barrel per cycle" will add to more net barrels sold to market.
But with any meaningful discount rate, the time value of money would almost certainly be greater for option 1. Maybe fracking was a ZIRP phenomenon.
It seems unlikely the ratio of (oil consumed by production):(oil production) is greater than 1:1. If it was greater than 1:1 - e.g. 10:1 - wouldn't the production company simply sell the 10 barrels instead of using the 10 barrels to produce and sell 1?
ERD wells are very long (laterally) but not necessarily deep (vertically). The vertical component is the important one when assessing geothermal heat gradient. "Total measured depth" includes the lateral component, and so can be misleading when considering vertical depth. The wells you've referenced are very long, but less than 3,000 meters in vertical depth. https://www.drillingcontractor.org/erd-advances-push-limits-...
We have too many to count, but some of my favorites:
-Kabuki Dance
-Coal Face
-KT (Knowledge Transfer)
-Across the Piece
-And my personal Rockstar: Like Putting Socks on an Octopus
Our HR group actually put together a wonderful "Leadership" website complete with a "Leadership Handbook" (Buzzword Dictionary). Of course, it's hidden on an obscure sub-site and is unsearchable. I've never met anyone else who's actually seen this site or handbook, but it's been fun for me!
Hard to say... most recent quarter had datacenter at $409mm in revenue. Mining falls under gaming, which has grown ~$600mm since 2015 to >$1b per quarter today. Try to buy a gaming GPU today and you won't be able to -- they're all sold out because of cryptomining.
Probably quite a while, as NVIDIA currently doesn't mention cryptocurrency mining publicly to keep investors from worrying about the sustainability of their recent revenue growth.