Energy technology company Baker Hughes and drilling technology company Helmerich & Payne (H&P) announced a collaboration to support geothermal exploration and development in the US, including the contracting of a land drilling rig dedicated to geothermal activity.
Under the collaboration, H&P will provide a geothermal‑capable land rig while Baker Hughes will use its subsurface and energy technology to support geothermal well planning and execution. Together, the companies said they expect to provide customers with earlier access to dedicated rig capacity to reduce execution risk and help them move more efficiently from project evaluation to development.
“Geothermal energy plays a critical role in meeting growing power demand by providing clean, reliable baseload generation,” said Amerino Gatti, Baker Hughes’ executive vice president of oilfield services and equipment. “This collaboration reflects a deliberate step to move its development in the US from concept to reality. By working together, Baker Hughes and H&P are helping customers advance these critical energy projects with greater confidence and deliver reliable, sustainable power.”
The firms say the collaboration is designed to support near‑term geothermal activity while establishing a scalable approach for future projects, combining Baker Hughes’ experience across subsurface evaluation, well construction, and energy systems with H&P's advanced drilling capabilities.
“This agreement underscores Helmerich & Payne’s commitment to supporting emerging energy opportunities through our drilling technologies and operational expertise,” said Trey Adams, H&P’s president and CEO. “We are pleased to collaborate with Baker Hughes to support the advancement of geothermal development in the United States.”
The companies say they expect the rig to be deployed later this year.