Drilling Technology and Costs

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Drilling Technology and Costs ( drilling-technology-and-costs )

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Chapter 6 Drilling Technology and Costs Table A.6.3a (continued) SNL – Non­US 2317 7603 1.539 1996 3.88 SNL – Non­US 2374 7789 1.729 1997 4.05 SNL – Non­US 2377 7800 1.377 1996 3.47 SNL – Non­US 2739 8986 1.867 1997 4.37 SNL – Non­US 2760 9055 1.320 1997 3.09 SNL – Non­US 2807 9210 2.979 1996 7.51 SNL – Non­US 2819 9249 0.915 1997 2.14 Actual geothermal well costs from SNL – Non­US 2869 9414 1.030 1996 2.60 Sandia National Laboratories SNL – Non­US 3021 9912 1.060 1996 2.67 (SNL) (Mansure, 2004) SNL – Non­US 3077 10096 1.514 1996 4.04 SNL – US 2277 7471 1.186 1985 2.70 SNL – US 2334 7658 0.822 1986 2.21 SNL – US 1703 5588 0.804 1986 1.96 SNL – US 2590 8496 2.220 1991 5.85 SNL – US 2627 8618 1.760 1997 4.12 GPK3 5101 16731 6.571 2003 6.88 Soultz, France. Trouble costs excluded. GPK4 5100 16728 5.14 2004 5.14 (1 USD = 1.13 EUD) (Baria, 2005) Cooper Basin, 4725 15498 6.3 2004 6.3 Trouble costs excluded. Australia (1 USD = 0.724 AUD) (Wyborn, 2005) ­Habanero 2 6­36 1. M$ = millions of U.S. $. 2. A listing and discussion of the origins of many of the actual and predicted well costs is given in Tester and Herzog (1990). 3. Currency conversions based on yearly average of Interbank conversion rate. Table A.6.3b Predicted geothermal well drilling and completion costs from Wellcost Lite model (in year 2004 U.S. $). Well ID Depth Depth Estimated Comments (meters) (feet) Cost (2004 M$) WCL Base Case Well 1500 4921 2.303 Wellcost Lite (WCL) Base WCL Base Case Well 2500 8202 3.372 Case Wells WCL Base Case Well 3000 9842 4.022 Assume 10% Contingency WCL Base Case Well 4000 13123 5.223 Costs WCL Base Case Well 5000 16404 6.740 WCL Base Case Well 6000 19685 9.172 WCL Base Case Well 7500 24606 14.645 WCL Base Case Well 10000 32808 19.731 Rosemanowes 2800 9200 4.195 Estimates made using Soultz GPK4 5100 16750 6.705 actual casing program for Cooper Basin – Habanero­2 4725 15500 5.872 specific individual wells

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