Ga drilling successfully tests breakthrough technology for deep geothermal drilling

Houston--(business wire)--ga drilling, a.s. ("ga drilling") conducted the first public demonstration of its new deep drilling tool, anchorbit®. ga drilling developed the tool to materially cut the cost of deep geothermal drilling by doubling the drilling speed and extending the drillbit lifetime in hard and abrasive formations. the test was performed on april 25, 2023, in partnership with nabors industries ltd. ("nabors") (nyse: nbr) at their technology center in houston. integrating the innova.
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