Meet us at GEOLAC, Mexico April 25-27

Iceland Drilling Company (IDC) will be participating at the upcoming Geothermal Conference for Latin America and the Caribbean (GEOLAC).

If you will attend GEOLAC as well, we would greatly appreciate the opportunity to meet with you during the conference.  It would be interesting to learn about your current activities and future plans in the geothermal sector and to have the opportunity to introduce our drilling services for geothermal power projects across Latin America and the Caribbean.

We are interested to meet developers, investors and other players that could benefit from our Integrated Geothermal Drilling solution that will contribute to speed up your development.

From IDC there will be present:

Vilhjalmur Gudmundsson,

Director – Business Development Caribbean & Latin America,

e-mail: vilhjalmur@iceland-drilling.com

Tel: +354 8585410

Iceland Drilling completes IDDP-2 well at Reykjanes

A significant milestone has been reached in the IDDP-2 Project at the Reykjanes Peninsula in Iceland as drilling was completed in mid-January at 4,650 meter depth. All of the initial targets were reached.  These targets were to drill deep, extract drilling cores, measure the temperature and search for permeability. Temperature at the bottom of the well has already been measured at 427 degrees Celsius, the pressure at 340 bars and drilling cores have been retrieved. It´s clear that at the bottom of the well the fluid has reached supercritical conditions and all the main objectives of the project have been achieved.

Never before has it been explored what lies beneath the geothermal field at Reykjanes.   HS Orka´s well RN15 at Reykjanes was utilized for the IDDP 2 project.  Well RN 15 was a 2,500 meter deep production well at the beginning of the project.  The first phase of the project was drilling to 3,000 meter depth and casie the well with a steel casing and cement it firmly in the surrounding formations. Never before has a well in Iceland been cased to this depth. From there the well was deepened below the current system around the well, were the deepest wells are around 3000 meter deep.

The best outcome of the project would be if the well could be used for energy production, this would open new dimensions in geothermal utilization if it would be possible to source supercritical fluid, which has a much higher energy content than conventional high-temperature geothermal steam. Based on the estimated pressure levels in the well it might be possible to produce 30-50 MW from this well, which is substantially more than from regular geothermal wells. Potential utilization will not be known until the end of year 2018 when all research has been conducted, but first indications are positive. If each deep well would produce more power than conventional geothermal wells, fewer wells would be needed for energy production which would lead to less environmental impact and lower cost than we know today.

HS Orka has lead the IDDP-2 project in close collaboration with other partners in the projects, in Iceland those are Landsvirkjun, Orkuveita Reykjavíkur and the National Energy Authority. Norwegian Statoil has also been an active participant in the project. The project has also received a substantial grants from the EU as well as other international science grants.  Drilling contractor was Jarðboranir, Iceland Drilling Company.

Source: HS-ORKA

HS-Orka, Statoil, IDC and other Icelandic partners drill the world’s hottest geothermal well.

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IDDP (Iceland Deep Drilling Project) is the name of a scientific project which started in the year 2000. The first well was drilled in in Reykjanes by HS-Orka, 2004-2005 but the well had to be abandoned in 2006. Following that it was decided to move to another drilling field, Krafla in northern Iceland in the year 2009. After drilling down to 2104 mtr the operation  had to be terminated when the drill-bit  penetrated into a magma..

Now a new IDDP project has started, and we are happy to inform that Iceland Drilling formally started the drilling operation of a new IDDP well by the deepening existing well in Reykjanes on the 11th of August 2016.

The main purpose of the project is to find out if it’s feasible to extract energy and chemicals out of the hydrothermal systems at supercritical conditions. The idea is to drill deep enough, 5 km at least, into the roots of a conventional high temperature hydrothermal system to produce water at supercritical conditions and bring it to the surface as 400-600°C superheated steam which is then to be used for efficient electricity production n steam turbines.

“Put it more simply you can compare it to the Earth’s radiator system, and geothermal energy is a global resource.” –Head of Renewable research technology in Statoil.

The drilling itself is expected to be completed by the end of 2016 and after that the project will enter a two and a half year test period.

For more information and news on the progress please visit: http://www.iddp.is/

Drilling Project Starting in Montserrat

Iceland Drilling Company negotiates for a new geothermal drilling project in Montserrat

Drilling Project Starting in Montserrat

Iceland Drilling Company has reached an agreement with DFID (Department for International Development) for a geothermal drilling project in the Caribbean Island, Montserrat. The drilling contract was signed on 8th of April 2016.  The project involves drilling the 3rd geothermal well, but in the year 2013 two exploration wells were drilled giving around 2 MWe.

The objective drilling the third well, is to reach geothermal steam, enough to feed into a 3-5 MWe wellhead power plant. Iceland Drilling will be using one of its Drillmec HH-220 rig, which will be mobilized from Philippines to the Caribbean island. The target is to drill down to 2500 mtr.

 

Clean Electricity Generation

The overall objective is to replace electricity which is presently produced by using fossil fuel and thus reduce the emission of greenhouse gases.

 

More information

Vilhjalmur Gudmundsson

Tel +354 8585410

 

 

Landsvirkjun og Jarðboranir hf. undirrita samning um boranir á Norðausturlandi

Landsvirkjun og Jarðboranir hf. hafa undirritað verksamning um borun allt að 10 gufuhola á Norðausturlandi. Verkið kemur einkum til vegna gufuöflunar fyrir 2. áfanga Þeistareykjavirkjunar, en til stendur að taka hann í notkun á 2. ársfjórðungi 2018. Á Þeistareykjum er tiltækt gufuafl í núverandi borholum sem jafngildir ríflega 50 MW rafafls og nægir það fyrir 1. áfanga virkjunar. Stefnt að því að nýjar holur skili að minnsta kosti sambærilegu afli. Samningurinn er einn umfangsmesti borsamningur sem Landsvirkjun hefur gert á undanförnum árum, en hann hljóðar upp á rúmlega 3,3 milljarða króna.

Hörður Arnarson, forstjóri Landsvirkjunar:

„Það er fagnaðarefni að hafa náð samningum við jafn öflugan aðila og Jarðboranir um boranir vegna gufuöflunar við Þeistareyki. Samningurinn er mikilvægur þáttur í uppbyggingu virkjunarinnar, en framkvæmdin er viðamikil og hefur gengið vel til þessa.“

Sigurður Sigurðsson, forstjóri Jarðborana:

„Þetta er afar ánægjuleg niðurstaða fyrir Jarðboranir enda er um að ræða stærsta útboð jarðhitaborana á Íslandi seinni ára. Það skiptir miklu máli fyrir félag eins og okkur, þar sem sveiflur geta verið miklar, að landa langtímaverkefnum. Verkefni þetta er því mjög mikilvægt fyrir fyrirtækið og tryggir samfellda starfsemi á Íslandi til viðbótar við erlenda starfsemi félagsins. Jarðboranir og Landsvirkjun hafa átt farsælt samstarf í yfir 50 ár og er þetta verkefni einkar ánægjulegt framhald á því.“

Landsvirkjun vinnur nú að uppbyggingu 90 MW Þeistareykjavirkjunar, en vinna við uppbyggingu stöðvarhúss og lagningu veitumannvirkja hófst á liðnu sumri. Áætlanir gera ráð fyrir að byggingu mannvirkja ljúki í árslok, en þá koma inn á vinnusvæði verktakar sem setja upp vélar og rafbúnað. Stefnt er að því að hefja prófanir á búnaði virkjunar strax í júní 2017 og að fyrri aflvél hennar fari í rekstur í október sama ár.

Vistvænn Þór borar eftir orku á Reykjanesi

HS Orka hf. og Jarðboranir hf. hafa undirritað verksamning um boranir vegna gufuöflunar fyrir jarðvarmavirkjanir HS Orku á Reykjanesi.  Samningurinn tekur til borunar á þremur borholum með möguleika á fimm holum til viðbótar.  Að undangenginni verðkönnun sem HS Orka réðst í reyndist tilboð Jarðborana hagstæðast, því var ákveðið að ganga til samninga við fyrirtækið um verkið.

Það er sérstaklega ánægjulegt við samstarfið að borinn Þór sem notaður verður við borverkefnið er alfarið knúinn með raforku sem framleidd er á vistvænan hátt í orkuverum HS Orku.  Við þetta sparast vel á annað hundrað þúsund lítrar af jarðefnaeldsneyti á hverja borholu, sem er gríðarlega mikilvægt í umhverfislegu og efnahagslegu tilliti. Read more

Iceland Drilling makes Deloitte Energy Excellence finals

Iceland drilling has made the finals of the Deloitte Energy Excellence award for Excellence in Health and Safety. IDC has in the past two years, along with the contractors they employ, completed 950,000 hours Lost Time Injury Free and significant injury free, while completing 32 rig moves and 26 wells.

The Awards provide an annual opportunity to recognise excellence and standout achievements across the electricity, oil, gas and petroleum industries.  Sponsored by Deloitte, this exciting event is now in its fifth year and is the industry’s annual black-tie gala event. Read more

Thor drilling in Reykjanes peninsula

IDC Rig Thor drilling for geothermal in Reykjanes peninsula. As part of this Green Energy Project the rig runs directly on gridpower from the unique geothermal powerplant of HS ORKA. This hightech rig has the ability to fit on tight locations and is therefor ideal for areas with limited access.

Rig Up on Reykjanes for HS Orka

Rig Up on Reykjanes for HS Orka an Alterra Power company. Rig Thor will drill geothermal well in Reykjanes geothermal field in Iceland. We feed the rig with power from the grid with direct green geothermal electricity. IDC providing a integrated solution to HS Orka.

Young students on Montserat

Young students from Lighthouse primary school on Montserat visiting the drilling operation with Iceland Drilling. More islands in the Caribbean could benefit from the geothermal expertise the Icelanders are offering.