Geothermal completion technology life-cycle cost model (GEOCOM)

GEOCOM is a model developed to evaluate the cost effectiveness of alternative technologies used in the completion, production, and maintenance of geothermal wells. The model calculates the ratio of life-cycle cost to life-cycle production or injection and thus is appropriate for evaluating the cost effectiveness of a geothermal well even when the most economically profitable well completion strategies do not result in lowest capital costs. The project to develop the GEOCOM model included the establishment of a data base for studying geothermal completions and preliminary case/sensitivity studies. The code has the data base built into its structure as default parameters. These parameters include geothermal resource characteristics; costs of geothermal wells, workovers, and equipment; and other data. The GEOCOM model has been written in ANSI (American National Standard Institute) FORTRAN 1966 version.