Falcon successfully completes well stimulation program in Australian shale

(WO) – Falcon Oil & Gas announced the successful completion of a 25-stage stimulation program at the Amungee NW-2H (“A2H”) well.

The A2H well was drilled to a total depth (TD) of 3,883 meters, including a 1,275-meter horizontal section within the Amungee Member B Shale (formerly known as the Middle Velkerri B-shale), in the Beetaloo Sub-Basin, Northern Territory, Australia with Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran in December 2022 with stimulation commencing in February 2023.

25 stages were successfully stimulated across a 1,020-meter horizontal section within the Amungee Member B Shale, with approximately 2,125 pound per foot of proppant placed along the completed horizontal section.

Proppant was placed using 5-½-inch casing and was based on modern U.S. shale design, the design is anticipated to result in improved flow rates during the extended production test.

Stimulation fluid flow back will commence imminently and is estimated to take several weeks before the well is shut-in for installation of production tubing.

30-day initial production (IP30) flow rates are expected during the second quarter of 2023.

Philip O’Quigley, Falcon’s CEO, commented, “The program was successfully executed during the Northern Territory wet season and we are now entering the very important phase of flow back operations, which have the potential to confirm production rates to support the joint venture moving to a multi-well pilot development program in 2023/2024.”