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by edogg 2061 days ago
With the downturn in oil and gas in Alberta Is there a lot of talent and drilling rigs available? Maybe it is a cheap time to drill some holes?
1 comments

It seems like a natural pivot for Alberta, and we spent a lot of sweat trying to convince the government that it was good for drillers. Good for pipefitters and welders and millwrights too. No dice though, if anything I'd say the government actively sabotaged our company (retracted a $7m grant from the previous administration, for example). Just too green for them.

There is a lot of talent available, and one of the drilling companies (Beaver Drilling) has made themselves the spokesman for the geothermal industry. That's what got things moving with at least the government paying lip service to the industry. I left just as Beaver was stepping in, though.

As for costs: so many of the drilling costs are fixed - material costs for casing, consumables like drill bits and drilling slurry. Labor might be down but it's still several million dollars per hole.

Was that the UCP or NDP that sabotaged your company?
UCP. They cancelled everything the NDP had done.