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Fervo Energy Learning Curve Continues on 3rd Generation Well Design, Boosting Drilling Rates by 143% Since Its First Cape Station Well

$FRVOPress releaseJul 8, 2026, 6:06 PM ETRead the release

Fervo Energy completed drilling of Sawtooth 7, the ninth well at Cape Station Phase II, reaching a total depth of 19,448 feet in just 21 days. The 3.0 well design achieved this pace despite being substantially deeper and hotter than previous designs, resulting in a 143% boost in drilling rates compared to the first Cape Station well.

Key figures

Drilling time days
21
Lateral length feet
7500
Measured depth feet
19448
Phase ii capacity mw
400
Temperature fahrenheit
460
Long term cost goal per kw
3000
Phase ii cost target per kw
5500

AI analysis

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