Fervo Energy Company
FRVO
$38.35
-$4.15-9.77%
NASDAQ
Corporate Info
Website
Phone Number
832 554 3253
Address
811 Main Street
Suite 1700
Houston, TX 77002
Suite 1700
Houston, TX 77002
Country
United States
Year Founded
2017
Details
Sector
Utilities
Industry
Utilities
Employees
Business Description
Fervo Energy Company operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling, advanced computational models, and distributed fiber optic sensing that increase the productivity and lifetime of geothermal wells. The company employs precision directional drilling technology to drill horizontally in geothermal reservoirs and develops a data analytics algorithm that enables the identification of existing resources and optimizes flow distribution through the reservoir for heat mining efficiency. The company was incorporated in 2017 and is headquartered in Houston, Texas.