Jewett: First Wells Cost the Most, Then Drilling Costs Drop Precipitously
Sarah Jewett · Building Fervo's geothermal giant · May 21, 2025 · at 2:14
Sarah Jewett, VP of Strategy at Fervo Energy, explains the learning curve and cost reduction dynamics of drilling wells in new fields.
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“The way it works is that the first time they drill That well always takes the longest. They don't know anything about the rock, the area, etc. So those wells always take the longest, they're the most high cost, but then over time, the cost to drill wells in that field, as the learnings increase, drops precipitously.”
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