Australia:

Geodynamics close to completing drilling of Cooper Basin geothermal well (Proactive Investors Australia)

Geodynamics is drilling the final section of its Habanero 4 geothermal well in the Cooper Basin, that seeks to re-establish access to the Habanero hot rock reservoir.

Once the planned total depth of 4170 metres is reached, a further wireline evaluation will be carried out before stimulation activities are carried out. Habanero 4 seeks to intersect the existing stimulated fracture zone in an area of demonstrated productivity.

Should this be successful, a testing regime will be carried out to establish reservoir performance parameters and to secure static and dynamic reservoir data needed for long-term production modelling.

Read More.....