- The SS-2H ST1 well in Beetaloo Basin recorded an average 30-day initial production (IP30) flow rate of 7.2 MMcf/d, setting a new record for the region.
- The flow rate from the well is on par with the Marcellus Shale dry gas area's performance, which is one of the most prolific shale gas basins globally.
- Tamboran Resources (TBN, Financial) plans to expand drilling in the Shenandoah South area with three additional wells, aiming to start production by mid-2026.
The Shenandoah South 2H sidetrack well (SS-2H ST1), operated by Tamboran Resources Corporation (TBN), has achieved a record-breaking average IP30 flow rate of 7.2 million cubic feet per day (MMcf/d) in the Beetaloo Basin. This performance is equivalent to results from the renowned Marcellus Shale dry gas area, known for its high productivity.
During the 30-day test period, gas flow rates began at 10.4 MMcf/d and settled at 6.6 MMcf/d, with a steady wellhead pressure maintained at approximately 910 psi. The flow rate was achieved through a 5,483-foot horizontal section after a 35-stage stimulation in the Mid Velkerri B Shale. Future plans include expanding the drilling program with additional wells to capitalize on the promising results, pending joint venture approvals.
The SS-2H ST1 well's success highlights the commercial viability of the Beetaloo Basin gas resource and positions it as a significant contributor to the Australian East Coast gas market. Potential expansions will involve drilling additional wells by 2025 with a goal of initiating gas production by mid-2026, aligning with a 40 MMcf/d Gas Sales Agreement with the Northern Territory Government.
