| Title | Geothermal Well Cost Update 2009 |
|---|---|
| Authors | Mansure, A. J.; Blankenship, D. A. |
| Year | 2009 |
| Conference | Geothermal Resources Council Transactions |
| Keywords | Well Costs; Drilling; Well Construction; Well Cost Analysis |
| Abstract | Geothermal well construction costs are critical to future geothermal development including both hydrothermal and Engineered Geothermal Systems (EGS). Cost analyses presented at last year’s Geothermal Resources Council were made before the financial crises of 2008 impacted energy prices and the drilling industry. As such, here we present an update to last year’s well cost analyses. Because the drilling industry is currently in flux, no attempt has been made to forecast future well construction costs, rather information is provided on changes in the drilling industry. |