Falcon, Tamboran complete stimulation campaign in Australia’s Beetaloo basin

Falcon Oil & Gas announced the completion the Shenandoah S2-2H ST1 stimulation in the Beetaloo Sub-basin, Northern Territory, Australia with joint venture partner, Tamboran.

Highlights

• Successfully completed 35 stages across the 1,671-meter (5,483-feet) horizontal section of the Amungee Member B-shale with Liberty Energy modern stimulation equipment.
• Stimulation activities achieved five stages over a 24-hour period on multiple days.
• The average proppant intensity was 2,706 pounds per foot (lb/ft) and achieved wellhead injection rates above 100 barrels per minute.
• The average stage spacing is 48-meters (~157-feet).
• The SS-2H ST1 well will be completed ahead of clean out activities and the commencement of initial flow back and extended production testing.
• Further updates on the completion of the Shenandoah South 4H (SS-4H) well will be provided in due course.

“The increased efficiency from the Liberty stimulation equipment has delivered Beetaloo Basin completion records for average proppant injection intensity and treating rates over 100 bpm,” said Joel Riddle, the Managing Director and CEO of Tamboran Resources Corporation.

“We are extremely encouraged about the potential of the current stimulation program based on strong gas shows and other data observed whilst drilling,” commented Philip O’Quigley, CEO of Falcon. “In addition, the experienced U.S. operator, Liberty Energy, have shown the efficiencies they can achieve which will provide us with the greatest opportunity for the best possible outcomes from this stimulation program. We look forward to updating the market on the IP30 flow test results as soon as they become available.”