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Monday, 17 March 2008

Flow test commenced 14th March 2008

On the 17th of March 2008, Geodynamics announced that Habanero 3 well was first opened under controlled flowing conditions on Friday 14 March 2008. The well is sustaining production of 18 kg/second at a flowing pressure of 27.5 MPa (3,990 psi) through a 12.5mm fixed choke. Current flowing temperature is 208 °C.  The flow is directed to a steam separator designed for up to 25 kg/second input.  In one short experiment lasting 3 minutes the variable choke was opened to 100% and production of 40 kg/second was sustained over that period.


 
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Newsflash

The Australian Financial Review wrapped up the year on Friday 28th 2007 with an article entitled “Future is Geothermal”, in which it reviewed the current crop of listed companies, farm-in-ees and prospects for the future.

The conclusions were succinctly summarised in the article’s title.