Tamboran Resources Ltd (ASX:TBN, OTC:TBNRF) has kicked off stimulation activities at the Shenandoah South 1H (SS-1H) well pad, part of the 38.75%-owned and operated EP 117 permit in the Beetaloo Basin of Australia's Northern Territory.
The program is planned to include 10 stimulation stages over a 500-metre horizontal section within the Mid-Velkerri B Shale and is expected to be complete in December this year.
This campaign is being conducted by Condor Energy Services, a respected Australian energy services provider.
Promising early results
“We look forward to demonstrating the deliverability of the Mid-Velkerri B Shale in the Shenandoah South region, which is located in the deepest area of the western ‘core’ of the Beetaloo Basin,” Tamboran Resources managing director and CEO Joel Riddle said.
“Results from the SS-1H well are a key deliverable that will support the sanctioning of our proposed 40 million cubic foot per day (MMcf/d) Pilot Project at Shenandoah South.
“The stimulation of the SS-1H well incorporates lessons learned from the programs at Amungee NW 2H in Tamboran-operated EP 98 and Tanumbirini wells in Santos-operated EP 161.
“This includes an increase in hydraulic horsepower, higher well design pressures to increase effectiveness of stimulation treatments and fluid conditioning methodologies to decrease the risk of skin damage.
“Results from the diagnostic fracture injection test (DFIT) have already demonstrated an over-pressured regime at the Shenandoah South location, with a pore pressure gradient of at least 0.54 psi/ft.
Riddle said these results were in line with those demonstrated at Tanumbirini, giving the company confidence they would be able to replicate or exceed the flow rates achieved at that location in the eastern ‘core’ of the basin.
“I look forward to updating the market following the completion of these activities and commencement of flow rates early in the new year,” Riddle concluded.