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Fervo_Project_Cape-3 capex calculation correct? #312

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softwareengineerprogrammer opened this issue Nov 19, 2024 · 1 comment · Fixed by #313
Closed

Fervo_Project_Cape-3 capex calculation correct? #312

softwareengineerprogrammer opened this issue Nov 19, 2024 · 1 comment · Fixed by #313
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@softwareengineerprogrammer
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softwareengineerprogrammer commented Nov 19, 2024

Per user feedback:

The GEOPHIRES run said the total capital costs for Fervo were 1072.95M, which didn't seem to be the sum all the drilling+stimulation+surface equip, so not sure what that row means.

Note: this feedback originated from viewing the case study on the online interface, which as of 2024-11-19 is not rendering Investment Tax Credit: -459.83 MUSD:

***CAPITAL COSTS (M$)***
Drilling and completion costs: 299.52 MUSD
Drilling and completion costs per well: 3.84 MUSD
Stimulation costs: 234.00 MUSD
Surface power plant costs: 898.83 MUSD
Field gathering system costs: 70.43 MUSD
Total surface equipment costs: 969.26 MUSD
Exploration costs: 30.00 MUSD
Investment Tax Credit: -459.83 MUSD
Total capital costs: 1072.95 MUSD

@softwareengineerprogrammer softwareengineerprogrammer added the question Further information is requested label Nov 19, 2024
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Capex does indeed add up correctly when ITC is included: 299.52+234+969.26-459.83+30=1072.95; will implement fix to parse Investment Tax Credit in client which will cause it to be rendered in the web interface.

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