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Underwriting Geothermal Energy & Associated Subsurface Resources

Stewart NCS Title Tenets Webinar Registration

Female engineer inspecats a geothermal powerplant

Underwriting Geothermal Energy & Associated Subsurface Resources

August 21, 2024 | 1:00 PM
Central Time (US and Canada)

Free Webinar for All CRE Professionals

About the Speaker

After Texas Senate Bill 785 passed in 2023, geothermal energy rights seemed to become a hot button topic overnight. While the use of geothermal energy was relatively foreign concept in Texas at that time, the idea is anything but new. Many states, including Texas, have used geothermal or hydrothermal energy for a variety of purposes, including heating/cooling systems and the generation of electrical power, for more than 60 years. As the U.S. continues to transition away from the use of fossil fuels to alternative sources of clean, renewable energy, we can expect to see growing interest in the use of geothermal/hydrothermal energy for electrical power generation. Join us as we discuss geothermal/hydrothermal energy and the ways it may be used, the relation of geothermal energy rights to the rights of surface and mineral owners, and ways to avoid and address the potential for geothermal energy rights to impact proposed surface development.

In this Title Tenets webinar, we will:

  1. Provide an explanation of geothermal/hydrothermal energy, the different ways it can be used, and the states where geothermal/hydrothermal is used for power generation
  2. Discuss the ways different states classify geothermal/hydrothermal energy rights (e.g., surface right vs. mineral right vs. water right), and whether geothermal/hydrothermal energy rights are considered dominant to the surface estate.
  3. Dive into the interaction between geothermal/hydrothermal energy rights and surface development, the potential of rights to explore for and produce geothermal/hydrothermal energy to adversely impact surface development; and ways to avoid or address geothermal/hydrothermal energy rights before they become a problem.
  4. Review title insurance considerations when property is subject to geothermal/hydrothermal energy rights held by a third party.

Don’t wait to sign up. Spaces will be limited. Register today.

https://www.stewart.com/en/fragments/marketo-forms/1729

NCS Speaker

Matthew A. Madison

Matthew A. Madison
Director of Underwriting - Stewart Title Energy Group / Associate Senior Underwriter Counsel - Houston Commercial Services / Vice President - Stewart Title Guaranty Company

Matthew A. Madison is Associate Senior Underwriter Counsel and the Director of Underwriting for the Stewart Title Energy Group. Based in Houston, Texas, he oversees all underwriting related to title insurance for utility-scale renewable energy projects (solar/wind/battery energy storage, green fuels, transmission) throughout the United States. Matthew has extensive experience providing guidance on endorsements, affirmative coverages, and title curative, in particular, matters related to mineral coverage for renewable energy projects. Prior to joining Stewart, Matthew also worked extensively in the areas of oil and gas title examination and litigation.

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