North Tech Drilling (NTD), based in Reykjavik, Iceland provides expert drilling services and equipment for national utilities and developers.
We bring best practices from operating geothermal drill sites globally alongside new insights from all drilling disciplines. Advanced techniques balanced with practical experience and access to a refined selection of high impact technology means higher efficiency.
The right tools in the right hands means a faster rate of penetration with the lowest carbon footprint at the lowest cost per well drilled. Our clients need to quantify their best efforts rather than download to the status quo.
We lower the costs of drilling. While that lowers our revenue per well, by supporting our clients we expect more wells to be drilled by NTD.
NTD welcomes new clients to extend our efficiency by economies of scale and new equipment financiers to expand our fleet of day rate equipment.
We compete in our home discipline of geothermal . . .
Deep high temperature and shallow low temperature with decades of experience in all regions. Same hands-on experts as large incumbent drillers without the overheads of legacy rig fleets driving the status quo.
with the lowest carbon drilling approach and equipment . . .
We use small and medium rigs by promoting tophole approach. Yes, we use large rigs when depths and conditions require, but minimized as a last resort after top-hole rigs and our lower cost, low carbon electrified systems.
and now extend further into cleantech
with new requirements for advanced and electrified drilling, including carbon capture, land-based fish farms, and freshwater for climate adaptation.
We only accept limited hydrocarbon-related drilling work where geothermal is the primary target in a mixed resource field and also oil/gas well decommissioning and continuity programs