RNE 0.00% 0.2¢ renu energy limited

cost of holes

  1. 162 Posts.
    lightbulb Created with Sketch. 11
    A cost question.
    Jalokia 1 hole was spudded 3 months ago it still has a kilometer to go . Drilling at depth is very slow and expensive I would not be surprised if it takes 2 months to finish it. That is a mighty expensive hole.
    My question is is geothermal energy viable at current hole costs or are operators going to need to get more efficient drilling methods?
    Cheers
 
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