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Eavor Technologies Inc.
Eavor Technologies Inc. (pronounced “ev-er”) is a global geothermal technology company headquartered in Calgary, Alberta. The firm was founded in 2017 with the goal of producing a scalable form of baseload, dispatchable energy. Tools and technologies developed in the E&P industry are all in place to drill and complete Eavor-Loops in a safe and efficient way. The shale gas development in North America has proven that large horizontal drilling campaigns can reduce drilling costs by 70 to 80% when scaled up. This makes Eavor-Loops a highly economic baseload source of Energy. In 2019 Eavor build the Eavor-Lite demonstration facility, proving all aspects of the technology. The wells were multilateral drilled and intersected, the Rock-Pipe fluid has sealed permeable zones in the subsurface and the fluid is in circulation without pump support since 2019.
Company details
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- Business Type:
- Technology
- Industry Type:
- Geothermal Energy
- Market Focus:
- Globally (various continents)
- Year Founded:
- 2017
