Exploration drilling ongoing for geothermal waters at Husavik, Iceland

Husavik, Iceland (source: Husavik Energy)

Carlo Cariaga 2 Dec 2025

Husavik Energy (Orkuveita Husavikur) is currently conducting an exploration drilling campaign to map potential geothermal waters in the vicinity of Husavik in Iceland. A total of 7 wells will be drilled for this phase, with 3 wells in the Bakki area. Drilling is being done by Vatnsborun ehf.

Based on the data that will be collected from the wells, the geologists at ISOR will assess where hot water in the region can be most likely be found.

Husavik Energy had already been undertaking an extensive search for geothermal resources since 2023. A total of twelve thermal wells have already been drilled at depths of between 70 to 90 meters. These are used to evaluate the thermal gradient at specific sites and identify possible faults and fractures that could indicate the presence of geothermal waters.

Since the project began, various discoveries have already been made including a unusual cold water region south of the town and subsurface strata that were not considered in the study region.

Husavik is the location of a 2-MW geothermal power plant that uses Kalina cycle technology, which was one of the first of its kind at a time. However, it has not been operational since 2008 despite an acquisition in 2011 by Wasabi Energy and a subsequent plan for refurbishment.

Source: Husavik Energy