The Xiyu conglomerate, which is extensively distributed in Xinjiang, China, presents challenges for vertical shaft construction owing to its poor cementation and low strength. The selection of an appropriate footage length is paramount for ensuring safe construction. Based on the shaft pipeline construction project of the Xinlongkou Hydropower Station on the Kuitun River, this study investigated the impact of footage length on the stability of vertical shafts within the Xiyu conglomerate strata using finite element simulation and measurement data to analyze the lining displacement and change in stress in the surrounding rock. The results show that the excavation footage has little effect on the lining’s horizontal displacement during vertical shaft excavation. A mathematical model was developed to describe how the vertical displacement of the lining varies with the excavation footage and vertical shaft depth. Below a critical threshold, the stress in the surrounding rock cannot be effectively alleviated, leading to a concentration of stress; above that critical threshold, an excessively large excavation increases the load on the surrounding rock. Based on the simulation results and factors such as economic benefits, construction speed, and safety, an excavation footage of 4 m is judged to be appropriate.