Calgary-based Eavor Technologies has raised $40 million to build out geothermal systems that use horizontal drilling technology and may someday give abandoned oil and gas fields a second act.
Is it possible to fracture a well using power off the grid? The answer is yes, but sharp electric engineers are required.
The cutting-edge technological developments in geothermal are devoted to drilling into deeper, hotter, and harder rock. Oil and gas expertise and know-how holds the key to cost reduction.

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