Alberta government announces $50M investment in first-ever Canadian drilling test site

The Alberta government has committed $50 million to establish the Alberta Drilling Accelerator (ADA), Canada’s first test site dedicated to advancing drilling technologies.
The ADA will support industries such as geothermal energy, lithium, and carbon capture, offering an open-access site for testing innovative technologies in high-temperature subsurface conditions across various rock formations. Eavor, alongside Halliburton and Tourmaline Oil Corp., is among the companies expressing interest in becoming anchor tenants for the project.