Canopus Drilling Solutions utilizes Directional Steel Shot Drilling (DSSD) technology to efficiently create long horizontal wells and short-radius multilaterals for geothermal applications. This approach enhances geothermal productivity by increasing heat production up to three times per doublet well while minimizing construction costs and environmental footprint.
Funding
$6.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Conventional geothermal drilling methods often struggle to efficiently create the complex well architectures needed to maximize heat extraction, especially in deep or ultra-deep geothermal reservoirs with hard, tight rock. Existing directional drilling technologies may sacrifice penetration rates or horizontal reach when steering the drill bit, limiting the potential for enhanced geothermal productivity.
Solution
Canopus Drilling Solutions employs Directional Steel Shot Drilling (DSSD) technology to construct long horizontal wells and short-radius multilaterals, significantly enhancing geothermal productivity. DSSD combines erosion drilling with steel shot and mechanical Polycrystalline Diamond Cutter (PDC) bit drilling, achieving high penetration rates in diverse rock types without compromising steering capabilities. This technology enables the creation of curved Bore hole Heat Exchangers (BHEs) for shallow geothermal applications, increasing heating/cooling production compared to standard vertical BHEs. For deep and ultra-deep geothermal projects, DSSD facilitates the construction of multilateral well structures, boosting heat production and improving access to reservoirs and faults.
Target Audience
The primary target audience includes geothermal developers and operators seeking to enhance heat production from both shallow and deep geothermal resources, as well as companies involved in ultra-deep closed-loop geothermal developments.
Features
- Directional Steel Shot Drilling (DSSD) technology combining erosion and mechanical PDC bit drilling
- Low-power steering method that maintains high drill rates during directional drilling
- Capability to create curved Bore hole Heat Exchangers (BHE) up to 450m for shallow geothermal
- Multilateral well construction for enhanced heat extraction in deep and ultra-deep geothermal
- Ability to kick-off out of an open hole and drill branched structures using erosive jets
- Reduced mechanical forces on the drill bit, enabling longer and more productive reservoir sections
- Technology verified by TNO at the Rijswijk Centre for Sustainable Geo-Energy