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Lightning Dock Geothermal
New Mexico Geothermal Energy Working Group Meeting
October 5, 2011
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Lightning Dock Geothermal’s parent, Raser Technologies,
successfully emerged from bankruptcy reorganization.
New name, new company.
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Loca
tion Lightning Dock
Geothermal
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Geo
logy
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Plan
ned
Wel
l Fie
ld
Well – Production
Well –Monitoring OperationsWell – Injection
45-7 (drilled 2011)
55-7 (drilled 1984)
53-7 (drilling now)
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Ligh
tnin
g D
ock
Geo
ther
mal
Pro
gres
s• 2010: Re-enter, drill, and test 55-7 (original deep well)
• 2010 (summer): MT Survey
• 2010 (fall/winter): Interference Pump Test (3 wells)
• 2010: Ormat Term Sheet
• 2011 (early spring): Completed drilling 45-7
• 2011: 3-D Seismic Survey
• Drilling 53-07 (spudding today)
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55-7
RosetteState 3
State Wells
Well – Pumped & Monitored for 2010 TestWell – Monitored for 2010 TestWell – Production
Well –Monitoring OperationsWell – Injection
Inte
rfer
ence
Pum
p Te
st
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Lightning Dock Progress55-7
(Deep geothermal reservoir)
55-7 Discharge / IrrigationDischarge from State Wells
State Wells 3 & 5(shallow)
Inte
rfer
ence
Pum
p Te
st
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Provides information to confirm / select future well sites
Natural “cement cap” isolates the deep geothermal water from the groundwater
Confirms significant faulting and fractures in the deep bedrock
3-D
Sei
smic
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Plan
t -O
rmat
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Nex
t Ste
ps
• Complete injection well
• Multi well interference test early 2012
• Complete well field drilling in 2012
• Begin engineering in 2012
• Final reservoir testing 2012
• Complete construction 2013
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Perm
itti
ng –
Regu
lati
ons
-Inc
enti
ves
• Challenges with the regulations, but agencies anxious to work together for solutions
• Need “one-stop permitting”
• Still too easy to protest and create significant delays without real cause
• New administration supportive and seeking to reduce regulations that unnecessarily delay or inhibit investment and job creation
• Attractive incentives (Tax Credit / Tax Refund)
• Life after 1603?