Vercana

Vercana is Vulcan's wholly owned drilling subsidiary, bringing specialist geothermal and lithium brine drilling expertise in-house to support the Lionheart Project and future developments.

Drilling the foundations of Europe’s energy transition

Vercana is our wholly owned drilling subsidiary, established to provide in-house geothermal and lithium brine drilling expertise and execution capability for the Lionheart Project and future developments.

As demand for critical minerals and renewable energy accelerates, drilling has become one of the most important and specialised components of project development.

Vercana was created to bring this expertise under one roof, allowing Vulcan to maintain greater control over project execution, safety, scheduling and technical performance.

Strategic capability for growth

Drilling is the gateway to both geothermal energy production and lithium extraction. Every geothermal well developed by Vercana has the potential to support renewable energy generation, lithium production or both. This makes Vercana far more than a service provider. It is a strategic business that strengthens our ability to execute projects efficiently, apply learnings across future developments and capture greater value throughout the project lifecycle.

In-house execution capability
Specialist geothermal expertise
Building long-term capabilities
Supporting future growth
Supporting Lionheart and beyond

Experience matters

In our Lionheart Project area, four deep geothermal wells have been in operation for more than 10 years.

Highly experienced well construction and engineering team
Full-scale well delivery process capability, well established supply chain processes and fully aligned towards Vulcan’s Field Development Plan
Experience in planning and executing onshore and offshore operations, high pressure and high temperature environment, testing, completion, interventions drilling, and German regulatory requirements with a strong culture in the areas of quality, health, safety and the environment
Data-driven decision making using state of the art software solutions and expert knowledge
Established network in drilling and wells community

Vercana at a glance

100%

Vulcan-owned

Production & reinjection wells planned

3 km

Deep geothermal resource

3,530m

Total depth reached

Business purpose: Specialist geothermal and lithium drilling contractor
Ownership: 100% Vulcan Group subsidiary
Core focus: Geothermal wells, lithium brine wells & field development
Primary project support: Lionheart Project
Operating region: Upper Rhine Valley, Germany
Key services: Drilling, well construction, field development support
Long-term objective: Build one of Europe's leading geothermal drilling platforms

Drilling is the gateway to geothermal renewable energy and lithium.

From drilling to development

Discover how Vercana's in-house drilling capability supports the Lionheart Project and Vulcan's long-term development strategy.

Explore Lionheart