Oil and gas drilling expertise can help to advance geothermal drilling

Amid low oil prices and low demand for drilling rigs around the world, drilling contractors might consider turning to geothermal drilling projects as a new field of opportunities for their under-utilized assets, suggested Ralph van Hof, CEO of Transmark Group. Speaking at the 2017 IADC World Drilling Conference on 28 June in Amsterdam, Mr van Hof noted that drillers’ expertise could help to significantly advance geothermal drilling, which in turn could help to improve the world’s energy landscape. Watch DC’s video with Mr van Hof as he discusses the benefits of geothermal drilling compared with so-called clean energy, such as wind and solar.