Alberta Bets $35 Million on the Future of Drilling: From Smarter Oil Wells to Geothermal and Critical Minerals Breakthroughs
Alberta launches $35-million challenge to reinvent drilling for the next 50 years By Robert Buluma | December 3, 2025 EDMONTON – The days of drilling straight down and hoping for the best are long gone. Today, operators in Western Canada routinely steer multi-kilometre horizontal wells with pinpoint accuracy from a single surface location. Tomorrow’s wells, however, could be guided entirely by artificial intelligence, powered by low-emission rigs, and used to unlock everything from geothermal heat to critical minerals and permanent CO₂ storage. That future just got a $35-million boost. Emissions Reduction Alberta (ERA ) officially opened applications this week for the Drilling Technology Challenge, a funding program designed to bridge the “valley of death” that too often kills promising subsurface innovations before they ever reach the field. “Many great ideas never make it past the prototype stage because the cost and risk of real-world testing are simply...