Fervo Energy drilled and logged its Sugarloaf appraisal well to a true vertical depth of 15,765 ft and is projected to reach a bottomhole temperature of 520°F after full thermal equilibration. Fervo completed the Sugarloaf well in just 16 drilling days, representing a 79% reduction in drilling time compared to the US Department of Energy baseline for ultradeep geothermal wells.
While drilling what is Fervo’s hottest and deepest well to-date, the company was able to achieve a maximum bit run length of 3,290 ft, a maximum average rate of penetration (“ROP”) of 95 ft/hour, and an instantaneous ROP of over 300 ft/hour at depths greater than 15,000 ft.
Various geothermal resource evaluation and grid modeling studies – including recent reports by the US Geological Survey, Princeton University and National Renewable Energy Laboratory – have now aligned that there are hundreds of gigawatts of opportunity for geothermal deployment in the range of 10,000-20,000 ft and 400-600°F.