Fervo Energy drills Cape Station Phase II Sawtooth 7 well to total depth in 21 days

Fervo Energy Company Class A

Fervo Energy Company Class A

FRVO

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  • Fervo Energy drilled the Sawtooth 7 enhanced geothermal well at Cape Station Phase II to total depth in 21 days.
  • Measured depth reached 19,448 feet with a 7,500-foot lateral in a 460°F resource using the 3.0 well design.
  • Drilling pace is up 143% versus its first commercial horizontal well at Project Red in 2022, which took 70 days.
  • Cape Station Phase II is a planned 400 MW development targeted to deliver power in 2028.
  • Management expects Phase II economics of $5,500 per kilowatt, maintaining a longer-term target of $3,000 per kilowatt.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fervo Energy Co. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607081806PRIMZONEFULLFEED9759366) on July 08, 2026, and is solely responsible for the information contained therein.

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