NGP reports Flow Test Results
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Via Yahoo News:
VANCOUVER, BRITISH COLUMBIA–(MARKET WIRE)–Sep 19, 2007 — Nevada Geothermal Power Inc. (“NGP”) (CDNX:NGP.V – News)(OTC BB:NGLPF.OB – News), today announced Well 23-14, completed to a depth of 3415 feet (1041 metres), intersected a geothermal production zone similar to that intersected in Well 26A-14.
GeothermEx, Inc. stated that the “…rig test has indicated that the well is a prolific producer.”
On September 15, 2007, Well 23-14 flowed geothermal fluid under its own pressure at a post flash rate of 1865 gallons/minute (118 litres/sec) and a well head pressure of 78 psig (538kPa). A static temperature survey on September 16, 2007 showed a maximum downhole temperature of 374 degreesF (190 degreesC). Preparations are underway for longer term testing with results expected in two weeks’ time.
Meanwhile, Well 38-14, which has been shut in for eight weeks, has heated up to a maximum temperature of 355 degrees F (179 degrees C) at a depth of 2657 feet (810 metres) and the shut in wellhead pressure has increased to 150 psi (1035 kPa). The results indicate that Well 38-14 may also have a connection with the reservoir intersected in Wells 26A-14 and 23-14. However, geothermal fluid flow is currently restricted. Further assessment of 38-14 is planned.
They’ve got heat, they’ve got pressure, and they’ve got flow. Congratulations Nevada Geothermal, you’re well along the way to making the power plant a reality.
