Beebe: Zanskar has proven a 90% hit rate for exploratory geothermal wells
Andrew Beebe · AI-fueled geothermal and ‘the edge of the possible’ · Jun 10, 2024 · at 19:35
Obvious Ventures Managing Director Andrew Beebe highlights the exploratory accuracy of portfolio company Zanskar compared to traditional geothermal drilling.
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“Today, when we do, when we drill wells looking for geothermal, we'll drill 10 wells and get one hot spot. And that's not cost effective. Those wells are very expensive. With Zanskar, they have been proven that they can drill 10 wells and get 90% hit rates, and so nine out of 10 instead of one out of 10.”
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