HveraGeothermal · Reykjavík
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[00]Reykjavík — since 1998

We drill to the heat and build the plants that use it.

Exploration, deep wells, power plants and heat networks, delivered by one crew. 214 wells drilled in eleven countries, the deepest at 5 100 m.

Start a projectLive: 118,4 MW
HVERA
Plant crew · Svartá · −4 °C
[01]About

We find heat underground, drill to it and turn it into power and warm homes.

214Wells drilled
5,1kmDeepest well
690MWInstalled capacity
340°CPeak reservoir
11Countries
1,2MPeople heated

Founded in Reykjavík in 1998, we run our own rigs, test crews and plant teams. One contract covers the whole path from survey to steady output, so nothing is lost between handovers.

Our story
[02]Services

Six disciplines. One contract.

From the first survey to steady output. One team owns the reservoir model, the rig and the plant, so risk is never passed down the line.

02

Deep drilling

Directional wells to five kilometres with in-house rigs rated for 400 °C and high-pressure steam.

Rigs to 400 °CDirectionalReal-time logging
[03]Depth profile — scroll to descend

Five layers between the surface and the heat.

600m
02 / 05 · Clay cap

A sealing layer of altered clay that traps the heat below and keeps the reservoir under pressure.

Temperature

110 °C

Lava cover0–300 m
Clay cap300–900 m
Reservoir900–2 200 m
Production zone2 200–3 500 m
Supercritical3 500–5 100 m
600 m · 110 °C
[04]Projects

41 fields. 11 countries.

0106
01
Svartá Power Station
Iceland · 2019Flash plant120 MW
02
Olbara Rift Field
Kenya · 2021Drilling18 wells
03
Toba Ridge Binary
Indonesia · 2022Binary plant55 MW
04
Thessaly Heat Grid
Greece · 2024District heating140 MWth
05
Atacama Deep
Chile · 2025Exploration3 slim holes
06
Reykjanes Deep II
Iceland · 2026Supercritical well5 100 m
Steam goes up—Carbon stays down—Steam goes up
[05]Impact

Every tonne of brine we lift goes back into the reservoir, so pressure holds and the field keeps giving for decades.

100%Brine reinjected into the reservoir
23gCO₂ per kWh over the plant lifecycle
0Lost-time incidents across all rigs in 2025
1,2MPeople kept warm by our heat networks
[06]Careers

Crews who read rock.

01Drilling engineerReykjanes, IS · Full time
02Reservoir geologistNairobi, KE · Full time
03Plant operatorSvartá, IS · Shifts
04Mud loggerAtacama, CL · Rotation
We train on our own rigs and rotate crews between continents. 12 roles open.
[07]Contact — bottom of the well
hello@hvera.is+354 520 4100
Open theground
Start a project
OfficeHafnarstræti 40
101 Reykjavík, Iceland
Field baseReykjanes Peninsula
240 Grindavík
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