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Chapter6 DrillingTechnologyandCosts 600 500 400 300 200 100 0 1975 1980 1985 1990 Year Figure 6.6 MITDD drilling cost index compared to GDP deflator index for 1977-2004 (U.S. Office of Management and Budget, 2006). Note: 1 ft = 0.3048 m. MITDD Drilling Cost Index Unadjusted for Inflation 1977 = 100 Depth Intervals (Feet) 1250-2499 3750-4999 7500-9999 12500-14999 17500-19999 2500-3749 5000-7499 10000-12499 15000-17499 GDP Deflator Index 1995 2000 2005 6 2 5 0 0 6-16 0 MITDD Drilling Cost Index Unadjusted for Inflation 1977 = 100 Depth Intervals (Feet) Depth Intervals (Feet) 1 2 5 0 - 2 4 9 9 2 5 0 0 - 3 7 4 9 1 3 7 5 0 - 4 9 9 9 5 0 0 0 - 7 4 9 9 3 7 7 9 1 0 0 0 0 - 1 2 4 9 9 1 2 5 0 0 - 1 4 9 9 9 1 5 0 0 0 - 1 7 4 9 9 1 1 7 5 0 0 - 1 9 9 9 9 1 2 7 5 5 2 7 5 5 0 0 5 5 0 0 0 0 0 0 - - - - 0 0 2 4 9 9 - - 4 9 9 9 1 1 9 9 9 9 4 9 GDP Deflator Index 9 2 9 5 9 1 9 9 9 9 9 1 9 5 0 0 5 0 0 0 0 0 0 0 0 - - 0 0 3 7 - - 7 4 1 1 4 9 2 7 9 9 4 4 9 9 9 9 MITDD Drilling Cost Index Adjusted for Inflation 1977 = 100 500 200 400 150 300 100 200 50 100 0 0 1 1 9 7 5 1 9 8 0 1 9 8 5 1 9 9 0 1 9 9 5 2 0 0 0 2 0 0 5 9 7 5 1 9 8 0 1 9 8 5 1 Figure 6.7 MITDD drilling cost index made using new method, adjusted for inflation to year 2004 U.S. $. Adjustment for inflation made using GDP Deflator index (1977 = 100). Note: 1 ft = 0.3048 m. 9 Year Year 9 0 1 9 9 5 2 0 0 0 2 0 0 5 Drilling CostDIrnidlleinxg&CGoDstPInDdeeflxator Index Drilling Cost Index & GDP Deflator IndexPDF Image | The Future of Geothermal Energy
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