Strategy for geothermal project in Saskatchewan finalized
Surface facility construction and drilling are planned to commence in late 2023, with first power production estimated by summer 2024.
February 8, 2023 By DEEP
Deep Earth Energy Production (DEEP) has announced that a strategy for the engineering, construction, and commissioning of DEEP’s first geothermal project in Saskatchewan has been finalized.
Geothermal power generation has the capacity to provide renewable, reliable baseload energy (24/7), and the DEEP project in Saskatchewan is anticipated to be the first Canadian 100 per cent naturally sourced geothermal power facility.
DEEP has concluded that the reservoir characteristics could support the construction of multiple geothermal expansion facilities in Saskatchewan over several years.
The company is positioned to move forward with the construction phase of a 25 MW power facility in Saskatchewan. The facility is planned to be constructed in 2 phases – 5 MW followed by an additional 20 MW at the same location
The subsurface geological reservoir model predicts that the well spacing for the first 25 MW field development will utilize only 10 per cent of DEEP’s entire subsurface lease that covers 39,568 hectares (97,775 acres). This large subsurface lease is anticipated to support the build-out of multiple power facilities greater than 200 MW. 25 MW is roughly equivalent to the power required to supply 25,000 households.
Field work for a 56.2 km 2 3D seismic program has commenced and is projected to be completed in March. Data will be utilized for horizontal well trajectory planning on the eastern half of the first well array and for future expansion planning.
GeothermEx (SLB) has begun a final review of DEEP’s geothermal resources. GeothermEx’s due diligence has resulted in more than 8.5 GW of geothermal power and related investments exceeding $14 billion (USD) dollars.
Print this page