All industries face peaks and troughs and drilling is no different. Geothermal rode high for a while but is no longer in high demand, while Geotech services are seeing steady growth. How can drilling contractors and other small businesses in the industry continue to grow during rough years? Famed British economist John Maynard Keynes advised […]
According to a recent Worldwide Drilling Resource article, the US Department of Energy will be funding research and development projects for innovative geothermal drilling technologies. The DOE’s Geothermal Technologies Office (GTO) is planning on investing up to $7 million dollars on the cost of drilling operations and, more specifically, two significant barriers: lost circulation events […]
