Olene Gap Project

Geothermal resource, site and development foundation

The Olene Gap project combines an existing geothermal well, documented resource evaluation, an industrial-zoned site and substantial prior development work.

Project Overview

The Olene Gap Geothermal Energy and Data Center Project is located in Rural Klamath County, Oregon, approximately 9–10 miles east of Klamath Falls. The project area provides space for geothermal generation, wellfield facilities, electrical infrastructure and potential co-located data-center development.

The current strategy is phased, beginning with approximately 10 (2X5) MW of geothermal generation and expanding to 20 (4X5) MW and potentially more, subject to final resource confirmation, engineering, permitting, financing and commercial arrangements.

There are Pacific Power's 69 KV and 12 KV power lines on this private land for easy access to power.

SiteApproximately 150 acres of private land, includes 90 acres of industrial-zoned
Existing WellOG-1 geothermal exploration/production well
DepthApproximately 3,775 feet
Measured TemperatureApproximately 250°F
DevelopmentInitially 10 (2X5) MW with expansion to 20 (4X5) MW and more
Technical Evidence

Geology, wells and resource assessment

The following project images are drawn from the Olene Gap technical record. Figure numbers below are assigned specifically for this website.

Geologic map of the Olene Gap area

Figure 1 — Regional geology. Geologic map of the Olene Gap area, after USGS (1992). The highlighted area identifies the approximate project/resource location.

OG-1 geothermal well before pressure-temperature logging

Figure 2 — OG-1 exploration well. Existing geothermal exploration well prior to pressure-temperature logging in 2017.

Aerial map of wells and hot springs at Olene Gap

Figure 3 — Existing resource evidence. Aerial base map showing OG-1, nearby wells and documented Olene Gap hot springs.

P10 and P90 probabilistic Olene Gap geothermal resource areas

Figure 4 — Probabilistic resource assessment. Prior evaluation showing P10 and P90 probabilistic resource areas for the Olene Gap geothermal field.

Understanding P90 and P10

P90 is the more conservative, higher-confidence case: in standard exceedance terminology, there is about a 90% probability that the actual resource measure will equal or exceed the P90 estimate. P10 is the larger, more optimistic case: there is about a 10% probability that the actual resource measure will equal or exceed the P10 estimate. The two cases illustrate a probabilistic range; they are not guarantees of plant output.

P50 is the median possibility. As per one reservoir engineering report it is 12 MW and as per another reservoir engineering report it is 22 MW.

OG-1

Existing well information

OG-1 was drilled to approximately 3,775 feet and recorded temperatures of approximately 250°F. Testing and evaluation indicated strong permeability and injectivity characteristics, supporting the case for further wellfield development.

Additional production and injection drilling, testing and engineering will be required as the project proceeds toward commercial operation.

Why the existing work matters

The Olene Gap project is not beginning with a desktop concept. Existing drilling, test data, resource studies and project-development work can be reviewed to determine precisely what additional work is needed for the next phase.

Development Work

Project activities completed or advanced over time

Resource & Wells

Geothermal exploration, drilling, well evaluation, logging and technical resource studies.

Engineering & Permitting

Power-plant and site-development work, permitting activities and project planning.

Electrical & Utility

Electrical infrastructure and utility/interconnection work undertaken as part of project development.

Qualified Technical Review

Detailed project records can be made available to qualified counterparties under appropriate confidentiality arrangements.

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