Canopus Drilling Solutions

Canopus, founded in 2019, developed a game-changing cost-effective drilling technology which improves the productivity of geothermal reservoirs by a factor 2 to 6. The Canopus drilling technology is based on fast and accurate directional steel shot drilling. This enables drilling through any rock type and does not require weight or torque on the drill bit. The proprietary method for steering the rotating drill bit is accurate, consumes minimal power and the autonomous steering device is a 3m long assembly, right behind the drill bit. This unique drilling capability enables drilling of long horizontal multilaterals in geothermal reservoirs, thereby improving the reservoir contact at low cost. The drilling technology is effective in all rock types. The directional capability of the Canopus steel shot drilling technology can be used for constructing shallow curved closed loop heat exchangers, deep open geothermal systems, and closed loop ultradeep geothermal wells for power and heat production. Canopus plans to open up many geothermal opportunities that previously were not economically feasible.