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Falcon on the hunt for gas

Collectively, the near-field exploration targets identified to date are demonstrating the strong potential for a commercial gas project. Image: Tomasz Zajda/stock.adobe.com.

Falcon Oil & Gas has kicked off a drilling program in the NT’s Beetaloo sub-basin.

The exploration campaign has commenced alongside joint venture partner Tamboran B2 with the spudding of Shenandoah South 2H (SS2H) well.

Following the drilling of the SS2H well, Tamboran B2 will immediately move to the SS3H well off the same well pad location ahead of the stimulation program.

Both wells will include a horizontal section of roughly 3000m and will target the Amungee Member B-shale at an estimated target depth of 3020m.

According to Falcon, the two well program will be the largest single campaign in the Beetaloo sub-basin to date.

The wells will be stimulated with up to 60 stages utilising the Liberty Energy modern frac fleet currently being mobilised from the US to Australia. The increased efficiency and performance of the Liberty fleet is expected to result in a material increase in the completed stages per day and optimised gas flows.

“The spudding of the SS2H horizontal well, which is the first of the planned two horizontal wells to be drilled in 2024, is an exciting next step in the development of the Beetaloo sub-basin,” Falcon CEO Philip O’Quigley said.

“Following on from the success of the SS1H well announced earlier this year … we are really excited about being able to demonstrate the deliverability of the Amungee Member B-shale over 3000m horizonal sections.”

An additional four well program is planned for 2025 which will complete the drilling for the proposed Shenandoah South Pilot Project that will supply 40 million cubic feet per day to the NT Government.

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