INPEX CORPORATION (INPEX) announced it will commence exploratory
drilling for geothermal energy development in the Okuhida Onsengo district of Takayama City
in Gifu Prefecture, Japan, where it has carried out surveys on the potential of geothermal
resources.
The project is located in the Kansaka area of the Okuhida Onsengo district at the foot of the
Northern Alps in the northeastern part of Gifu Prefecture, where surface and geophysical
surveys as well as drilling operations in the vicinity have indicated the presence of geothermal
resources. INPEX has been conducting extensive surveys in the area since 2012. If the
exploratory drilling operations result in the discovery of geothermal resources in sufficient
quantities to warrant the development of the project, this is expected to contribute to the
expansion of INPEX’s geothermal business in alignment with the company’s net zero
ambitions.
INPEX seeks to enhance and emphasize its renewable energy initiatives, which are one of
the 5 net zero businesses outlined in the company’s “INPEX Vision @2022” announced in
February 2022. INPEX will accelerate its initiatives aimed at its geothermal power generation
business, which can utilize the technologies cultivated by the company through oil and natural
gas development. INPEX will proactively engage in energy landscape development to help
realize a net zero carbon society while fulfilling its responsibilities for the stable development
and supply of energy.
Project overview
Location Kansaka area, Okuhida Onsengo district, Takayama City, Gifu
Prefecture
Commencement of drilling End of 2024 (planned)
Participating interest INPEX 100 percent