Geothermal

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The One Big Beautiful Bill Act (H.R. 1) will eliminate the 25D clean energy tax credit at the end of 2025. Here's what drillers need to know.

Borehole geophysics specialist Robertson Geo has officially opened its new UK headquarters

A BLM official advises the public to research nomination requirements—such as maximum acreage, acceptable land descriptions, and block nominations—before proposing land for competitive geothermal leasing.

Drillers are not just machine operators. They’re the ones trusted to slice into the earth, find the aquifer, and deliver water to families and communities.

Retiring traditional power sources like coal and natural gas without putting firm replacements in place, just as new demands—especially from AI data centers—are skyrocketing, sets us up for trouble.

The Crescent Valley project could generate up to 30 megawatts, which is enough to power over 33,000 homes, BLM says.

EWAB says “Several factors must be prioritized to ensure production strength for the oil, natural gas, and geothermal industries.”

“By responsibly developing energy resources on public lands, we’re (the BLM) helping to secure a reliable, diverse energy future for the nation while supporting jobs and local economies,” Groffy said.

AI will not replace our workforce, however AI will be our force multiplier and allow us to be more cost effective and more cost competitive. 

Versa-Drill is well positioned to benefit from macro tailwinds including increased investment in water infrastructure, domestic re-shoring initiatives, and growing demand for geothermal energy solutions.