SAMPLE: E-News Flash by WorldWide Drilling Resource®

3 AUGUST 2026 E-News Flash by WorldWide Drilling Resource by WorldWide Drilling Resource® Alberta Invests in Ten Projects Adapted from Information by Emissions Reduction Alberta (ERA) To strengthen its position in drilling innovation, ERA in Calgary, Alberta (AB), Canada, announced $37 million in funding for ten projects to advance innovative drilling technologies. Covering a range of industries including gas and oil, geothermal energy, and critical minerals, these initiatives aim to improve the advancement and implementation of technologies to enhance drilling efficiency, lower emissions, and create new opportunities in emerging sectors. “Alberta innovators are advancing world-leading drilling technologies that will create jobs, strengthen competitiveness, reduce emissions, and unlock new opportunities in geothermal energy, critical minerals, and carbon capture,” said Grant Hunter, Minister of Environment and Protected Areas. Projects funded by this program highlight cutting-edge technologies, such as robotic automation to improve safety on drill rigs, “AI”-driven energy management, advanced downhole sensing, and geothermal advancements. The challenge brings together Alberta’s innovators with global technology leaders and project collaborators from Switzerland, Norway, the Netherlands, the United States, and across Alberta, reinforcing the province’s position as a key player in the global development of drilling and subsurface technologies. Projects include: j Borobotics AG: Located in Winterthur, Switzerland, and Calgary, AB, with ERA funding of $4.4 million to develop a compact and autonomous electric drilling robot for geothermal boreholes used in ground source heat pumps. j CleanDesign Inc.: Located in Nisku and Lloydminster, AB, with ERA funding of $2.6 million to demonstrate a rig-mounted software platform that optimizes drilling power use through real-time data capture and automation to reduce fuel use and associated emissions. j Eavor Technologies Inc.: ERA will fund $8 million to upgrade Eavor’s core technology with a suite of solutions to enable access to superhot geothermal resources, increase energy output, and reduce the leveled cost of electricity. j GA Drilling: Located in Stavanger, Norway; Renkum, Netherlands; Alberta (various) to validate modular downhole drilling technology improving well construction speed, reach, and efficiency using real-time sensing and closedloop automation with the ERA funding $5 million. j Global Dynamics Inc.: ERA funding of $2.25 million will demonstrate multilateral well reentry technology for precise access to lateral branches using real-time downhole sensing, directional control, and surface-steered navigation. j Phase Advanced Sensor Systems Corp.: Located in Edmonton, AB to develop and test high-temperature downhole pressure sensors for geothermal wells operating above 392°F (200°C), where current solutions are unavailable. The ERA will fund $420,000. j Precision Drilling Corporation: ERA funding of $3.1 million will be used to demonstrate robotic automation and pipe-handling technologies that improve drilling safety, reliability, and operational efficiency through a first-of-kind Alberta field deployment. j Rodatherm Energy Ltd.: A project in Milford, Utah, will use $8 million in ERA funding to adapt gas and oil drilling solutions and new wellbore architectures for use in closed-loop geothermal systems to produce firm zero-emission electricity. j Tourmaline Oil Corp.: Will demonstrate a hybrid drilling power system integrating gas blending, battery storage, and intelligent controls to reduce diesel use, emissions, fuel trucking, and operating costs at Alberta Deep Basin Drilling Pads with ERA funding of $1.8 million. j Weatherford Canada Ltd.: ERA will fund: $1.42 million to pilot real-time sensing and ranging technology that identifies nearby wellbores and subsurface hazards during SAGD (steamassisted gravity drainage) drilling, improving accuracy while reducing site disturbance and emissions located in Northern Alberta. If these projects prove successful, they are projected to achieve annual reduction of about 27,000 tons of CO2 equivalent in greenhouse gas emissions. The potential for these benefits to scale is significant, provided the technologies be broadly adopted.

RkJQdWJsaXNoZXIy NDk4Mzk=