Iceland Deep Drilling project continuing to drill

Alexander Richter 16 Feb 2009

As reported by Icelandic paper Morgnunbladid, the drilling efforts by the Iceland Deep Drilling Project (IDDP) will continue. In the last weeks it was worked on moving the strongest drilling rig, Tý, to the North at the Krafla geothermal field. The first project will be to drill a 4,500 m research well, providing research access to the high heat field at deeper levels as every before in Iceland. The well will be the first research well of three in the IDDP project and is special in many respects internationally.

A deep well was drilled to a depth of 800 metres last year and now it is planned to drill down to 4,500 m, take samples and do flowtests among various other research activities. It is so far unclear when results can be expected, but the project is expected to last from mid-March until sometime in June.

The cost of this year’s drilling campaign for the project are exptected to run between ISK 1-2 billion (US$9-18 million).

Source: Morgunbladid (in Icelandic)