New wells to beef up geothermal portfolio of SM Investment’s unit–ThermaPrime

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ThermaPrime Drilling Corp. (ThermaPrime) has concluded its drilling program, which consists of 12 production wells and three multilateral injection wells, for Philippine Geothermal Production Co. Inc. (PGPC). The new wells will add more than 100 megawatts (MW) of capacity to the geothermal portfolio of PGPC, a wholly-owned unit of SM…

ThermaPrime Drilling Corp. has concluded its drilling program, which consists of 12 production wells and three multilateral injection wells, for Philippine Geothermal Production Co. Inc. .

“The whole campaign produced more than 100 MW additional steam production for PGPC from its geothermal steam fields in Laguna, Batangas and Tiwi, Albay,” ThermaPrime, a drilling services contracting company specializing in geothermal wells and related services, said in a statement. ThermaPrime is a member of the First Holdings Group of Companies and a fully-owned subsidiary of “AAAA” general contractor First Balfour Inc., ThermaPrime said it is in the forefront of the low carbon footprint and regenerative agenda of the group.

 

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