ThermaPrime Drilling Corp. announced the completion of its drilling program for SM Investments Corp.’s Philippine Geothermal Production Co. Inc. consisting of 12 production wells and three multilateral injection wells.
In a report by Philippine Star, ThermaPrime concluded its drilling program while also conducting 10 work-over jobs over four years.
During the period, over 100 megawatts (MW) of additional steam production for PGPC were produced from its geothermal fields in Laguna, Batangas, and Tiwi, Albay.
The geothermal drilling company added that the well drilled in the Makiling-Banahaw area is the deepest hole drilled in the country with 11,849 feet, and was completed in under a month.
PGPC, a pioneering developer of geothermal energy in Southeast Asia, is eyeing to advance its geothermal concessions and increase its RE output to 600 MW.
The company also plans to put a PHP 3 billion investment annually for its new projects situated in Kalinga, Daklan, Cagayan in Northern Luzon, and Mount Labo and Malinao in Southern Luzon.
PGPC, which advocates for indigenous geothermal energy as a crucial component in the country’s overall energy development plan, also operates the geothermal steam field operations in the Tiwi, Albay Province, and Mak-Ban fields in the provinces of Laguna and Batangas.
ThermaPrime Drilling Corp., a fully-owned subsidiary of AAA general contractor First Balfour Inc., specializes in geothermal wells and related services and is also at the forefront of the low carbon footprint and regenerative agenda of the First Holdings Group of Companies.