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Founded in 2008, GA Drilling is developing plasma-based tools to achieve drilling speeds that are about three times faster than what conventional bit technology has historically achieved. ....
Oil and gas needs the courage to reinvent itself euractiv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euractiv.com Daily Mail and Mail on Sunday newspapers.
Large-scale deployment of geothermal needs good regulation euractiv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euractiv.com Daily Mail and Mail on Sunday newspapers.
GA Drilling s plasma drilling technology in action. PHOTO SOURCE: GA Drilling Geothermal energy is considered a renewable resource, but it shares some similarities with non-renewable oil and gas, according to the head of a Slovakia-based company that aims to lower the cost of ultra-deep geothermal drilling with its plasma drilling technology. “Geothermal is the closest renewable to oil and gas,” Igor Kočiš, CEO and Founder of Slovakia-based GA Drilling, owner of the “Plasmabit” alternative to conventional drilling, told Rigzone. “We are sharing assets, experience, highly skilled labor, and other resources. The industry understands this very well. The big global players are investing in geothermal solutions and technological startups like us while at the same time building their own geothermal divisions.” ....