From supply chain issues to severe droughts, a perfect storm of challenges is making it harder—and costlier—for homeowners to secure a reliable water source.
While geothermal has long been overshadowed by solar and wind, recent policy shifts, technological advancements, and the urgent need for grid stability are driving its expansion.
This partnership merges Iceland Drilling’s extensive experience in high-temperature geothermal drilling—supported by its fleet of modern hydraulic drilling rigs
Mazama Energy is a geothermal operator and development company focused on producing technologies and methods for extracting heat from SHR to generate utility-scale, carbon-free, base-load energy.
Many drill bits used in water well drilling and mining are tungsten carbide-tipped due to their durability and resistance to extreme wear. If tungsten becomes hard to find, prices could go up for manufacturers and drillers.
The drilling industry relies mostly on U.S.-produced steel, so it won’t be hit as hard as some other sectors. Steel and aluminum are essential for drill rigs, casings, well screens, heat exchangers, and piping systems used in water and geothermal drilling.
This investment is set to fuel Bedrock’s growth, helping the company expand its geothermal heating and cooling solutions—especially in Colorado, Utah, and nearby states.