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30 10 3 1 0.3 Oil and Gas Average Geothermal Well Model Predictions Chapter6 DrillingTechnologyandCosts 100 5000 0.1 0 2000 10000 15000 20000 25000 4000 6000 8000 Depth (meters) (ft) 30000 6-11 10000 JAS Oil and Gas Average JAS Ultra Deep Oil and Gas The Geysers Actual Imperial Valley Actual Other Hydrothermal Actual Hydrothermal Predicted HDR/EGS Actual HDR/EGS Predicted Soultz/Cooper Basin Wellcost Lite Model Wellcost Lite Base Case Wellcost Lite Specific Wells 1. JAS = Joint Association Survey on Drilling Costs. 2. Well costs updated to US$ (yr. 2004) using index made from 3-year moving average for each depth interval listed in JAS (1976-2004) for onshore, completed US oil and gas wells. A 17% inflation rate was assumed for years pre-1976. 3. Ultra deep well data points for depths greater than 6 km are either individual wells or averages from a small number of wells listed in JAS (1994-2000). 4. “Other Hydrothermal Actual” data include some non-US wells (Source: Mansure 2004). Figure 6.1 Completed geothermal and oil and gas well costs as a function of depth in year 2004 U.S. $, including estimated costs from Wellcost Lite model. Completed Well Costs (Millions of Year 2004 US$)PDF Image | The Future of Geothermal Energy
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