Transmark successfully spuds geothermal well in Canakkale, Turkey

Transmark Turkey is proud to announce that it has successfully spudded its first geothermal production size well; KOC-1 in Çanakkale on 22nd May, 2014. Transmark Turkey’s Kocaköy project is being developed by Transmark Services, a subsidiary of Transmark Holding, which focuses on providing services to geothermal, O&G and mining sectors. Transmark Services delivers services especially on Performance Drilling, Directional Drilling, Well Testing and Consultancy (www.transmark-services.com). KOC-1 is being drilled by Transmark Service’s 125 tons Semi-trailer Mounted Rig Gerry-II.

KOC-1 well site is located at the south-western rim of the Biga Peninsula, Çanakkale province, NW Turkey. Çanakkale is well-known for its geothermal surface manifestations and exploration projects. 7.5 MW Tuzla Geothermal Power Plant (GEPP) is present in the vicinity of KOC-1 drill site.

Transmark Turkey has three geothermal concessions (Gülpinar, Kocaköy and Babakale) located in the Gülpinar area and is one of the most active players in the region. Transmark Services’s exploration team has applied advanced exploration methods to generate a geothermal conceptual model and proposed a production well target. Some of the studies that has been utilized are; remote sensing, structural geology, geochemistry and geophysics with MT surveys. The surveys with a specific focus allowed for in depth review of the experienced exploration team and confirmations from multiple well-known experts in their fields.

Up to 170 °C reservoir temperatures are recorded within the shallow reservoirs in the past years around KOC-1. Transmark Turkey targets two reservoir sections, one shallow and one deep in KOC-1 estimated to have a medium enthalpy reservoir temperature.

Deemed to be one of the “hottest” markets in Europe for geothermal, Turkey is the seventh most promising country in the world in geothermal energy potential. Thus, Transmark Turkey has a dedicated strategy to remain a leading player in the Turkish geothermal market.

Source: Release via Transmark Renewables