DEEP, SLB Partner for Canada's First Geothermal Project

DEEP Earth Energy Production Corp. has partnered with SLB to advance Canada's first next-generation geothermal project in southeast Saskatchewan, which aims to produce up to 30 MW of emissions-free power. The project has completed its feasibility phase and will proceed with an initial 5 MW phase expected to be fully commissioned by 2026, followed by a staged expansion targeting 180 MW. Utilizing advanced horizontal drilling and production enhancement technologies, the project seeks to overcome the historical challenges that have left Canada's geothermal resources largely untapped. DEEP anticipates that this collaboration will set a precedent for future geothermal developments in Canada, contributing to national goals for emissions reduction and local energy security. Kirsten Marcia, DEEP's CEO, emphasized the importance of combining subsurface and surface technologies to maximize efficiency and power output. The partnership also includes Ormat, enhancing the integrated development approach for the project.