A borehole drilling company you can trust.

Greenglove Boreholes are a multi-disciplined nationwide drilling contractor. Using the most up to date drilling and recycling equipment, our fully trained and experienced staff can provide a turnkey solution.

etary patents cover the design and installation of a downhole heat exchanger system utilizing existing technologies in a novel manner. The system has a level of flexibility that allows the recovery of commercially useable heat energy from the subsurface virtually anywhere around the globe.

Additionally, the CeraPhiWell can be considered a fallback/insurance option for those wells that fall short of expectations regarding well output. In this instance CeraPhiWell retrofit architecture can be installed to bring some commercial return instead of having to undertake costly well abandonment.

The company has also developed special software that enables it to manage the process of energy delivery in an investor-friendly manner, calculating suitable projects that can be developed into a commercial business case. CeraPhiPro software basically provides a custom-built energy solution aligned to the end user’s requirements.

Flagship project

The company currently has around about $100 million in total worth of projects ready to roll over with several different clients, says Karl Farrow. In August 2022, CeraPhi Energy has entered into an exclusive drilling and intervention services agreement with Halliburton, with an initial focus of supporting CeraPhi’s existing opportunities to repurpose end-oflife oil and gas wells in the UK and USA.

“This is a very exciting stage of CeraPhi’s commercialisation and totally in line with our strategic plan to align ourselves with serious execution and delivery partners who believe in the tremendous opportunity for geothermal and have the ability to scale globally.”

“We are moving into our first development site over the coming months. This will be a turning point for the company, moving us from a technology demonstrator into a commercial stage,” says Karl, adding that CeraPhi has just been awarded funding from the Net Zero Technology Centre in Aberdeen to support that project.

The funding will also enable the company to validate its technology in repurposing oil and gas wells, to establish proof of technology and to move towards becoming commercially operational. Speaking about the award, Karl Farrow said: “With the support of the NZTC this project will be a flagship project not only for CeraPhi Energy, but potentially ground breaking for the UK, providing a step change in energy transition.”

Battling climate change in partnerships

For a small company that was founded only two years ago the progress is impressive. Karl affirms that the credit goes to a very strong team, dedicated to the mission of impacting on the trajectory of climate change.

“The environmental aspect has attracted a team of people who are not only employees – nearly 90% of our employees are also investors. We have grown a strong stakeholder base from an employee foundation, which I think is also a great achievement.”

The human factor, teamwork and partnerships will continue to be key for the company going forward. “From the very beginning, partnership has been the core pillar of our strategy, we knew we would never do it alone. We have spent a good part of the last two years building up a network of partners, and we’ve signed over 50 different partner agreements.”

“And we continue to do that. We are taking our partners on a journey which is beneficial for them as we’re opening doors to opportunities that they would never have. These are medium- to long-term opportunities, but they are opportunities that could completely change the global energy landscape,” he says, in concluding.