Historically, many projects that require drilling have been restricted by geography and cost. For example, most geothermal plants are limited to shallow access regions such as Iceland and Costa Rica, with prohibitively high initial drilling costs making it an expensive and risky option.
Strada’s technology solves these challenges with a unique and patented drilling system. Here’s how it works.
Strada’s key technology is a patented water hammer system, that uses dual circulation techniques to improve drilling speed and performance, reducing high capital costs compared to traditional mud rotary methods. We have also co-developed a first of its kind custom drilling rig with leading rig manufacturer Herreknecht
Our drilling is frack free and thanks to our innovative method, our water hammers are effective for longer, saving time and reducing costs by up to 70%. It is also possible to use our system to convert existing coal and oil plants into renewable energy plants. For sites located in coastal regions, you could also apply our system to desalination and supply millions of litres of clean water.
We believe that our new technology can help accelerate the clean energy transition, empowering governments and providers to access existing resources and transition to renewable, clean energy.