Tuesday, March 7, 2017

Netherlands: Drilling of Two Geothermal Wells to Start This Month

KCA Deutag Targets Growing European Geothermal Drilling Market (News Release)

KCA Deutag, based in Aberdeen, Scotland, today announces its continued expansion into the growing European geothermal market with the award of a new contract for the delivery of two geothermal wells in the Netherlands.

These wells will be drilled by a 2,000 hp EURO Rig, designed by Bentec, the group's land rig and oilfield equipment manufacturer. The rig has a fully automated pipe handling system and was one of the first of its kind to be manufactured.  Drilling will commence later this month.

Simon Drew, KCA Deutag President of Land said: "Geothermal drilling is a growth market in Europe as the region seeks to increase its renewable energy generation, and our operation there is well placed to address this market."