Alberta To Start Test Ground for New Drilling Technologies

November 27, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Tens of millions of dollars in provincial funds will go to support a new test program for drilling technology used for oil, natural gas and minerals, Alberta's government said. The provincial government on Monday announced plans to invest up to US$38 million to support a drilling accelerator program, a first of its kind for the country. Unlike its peers, Alberta said Canada lacks an open-access test site for drilling technology used for anything from lithium mining to geothermal operations and fossil fuels. Companies featured: Halliburton (NYSE:HAL)