GeoGlobal Energy Chile successfully completes drilling plan in Chile
Aug 28, 2012 - Geothermal power developer GeoGlobal Energy Chile (GGE Chile), a wholly-owned subsidiary of US GeoGlobal Energy LLC (GGE), yesterday said that the exploratory drilling programme in southern Chile has been successfully completed.
After a 45-day flow test, the company found out that one of the wells, Tolhuaca 4 in the Tolhuaca mountain, is capable of supporting commercial power production. It was drilled to a depth of 2,300 m (7,545 ft) and is producing high temperature steam with a capacity to generate 12 MW electricity. This well is considered the most productive geothermal well ever drilled in Chile or in any other country in South America.
GGE has been actively exploring at Tolhuaca for more than three years and targets power operations to begin as early as 2014. Currently there are no operating geothermal power plants in South America.
GGE Chile acquired the concession in January 2009 and drilled a successful exploration well in March 2009 that represented the first high-quality geothermal resource discovery in the country since the late 1960s.