Wednesday, May 11, 2016

Philippines: New Re-Injection Well at Maibarara Geothermal Power Plant

Maibarara taps Desco to drill geothermal field in Batangas (Business Mirror)

Maibarara Geothermal Inc. (MGI) has tapped Desco Inc. to conduct drilling services in a geothermal field in Batangas.

The company said on Wednesday it signed a contract for the provision of drilling rig and services for MB-17RD, a new reinjection well in MGI’s Maibarara geothermal field in Santo Tomas, Batangas.

The well is intended to be spudded by the last week of May and programmed to reach a total depth of 1,900 meters.

MGI, the owner and developer of the 20 MW Maibarara geothermal-power facility, is a joint-venture company owned 65 percent by PetroGreen Energy Corp. (PGEC), 25 percent by Trans-Asia Oil and Energy Development Corp. (TAO) and 10 percent by PNOC Renewables Corp. (PNOC RC).