HOUSTON, TEXAS (Editors at Energy Analytics Institute, 29.Jan.2025) — DEEP Earth Energy Production Corp. revealed a strategic collaboration with SLB aimed at development of Canada’s first next-generation geothermal project, located in southeast Saskatchewan.
With the feasibility phase now complete, the project is set to produce up to 30 MW of emissions-free, baseload power on completion of its initial 2 phases — marking a major milestone for geothermal energy in Canada, DEEP said 29 Jan. 2025 in an official statement.
Despite Canada’s vast geothermal potential, the resource has remained largely untapped due to economic and technical challenges tied to conventional extraction methods, DEEP said.
“DEEP’s geothermal project will leverage proven approaches from conventional field development in oil & gas, to deploy advanced horizontal drilling techniques to access some of the most productive zones in the formation, as well as production enhancement technologies to optimize output of geothermal energy generation. This cutting-edge methodology, supported by SLB’s global expertise in geothermal technology, integrated well construction, and extensive regional drilling experience, represents a first-of-its-kind application for geothermal development in Canada,” DEEP said in the statement.
As a part of the collaboration, SLB will provide engineering design and integrated well construction services for phases 1 and 2 of the project, including the development of two production and 2 injection wells in phase 1 and up to 18 wells in phase 2.
The innovative approach will leverage the natural permeability of the sedimentary rock formation and enable the reliable, cost-efficient, and more sustainable production of geothermal energy, DEEP said.
____________________
By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.