Tamboran Resources Corporation (ASX:TBN, NYSE:TBN, OTC:TBNRL) has completed the largest stimulation campaign undertaken in the Beetaloo Basin, advancing three Shenandoah South wells toward planned first gas sales in the third quarter of 2026.
The company finished stimulation, cleanout and completion work at the SS-3H, SS-4H and SS-5H wells in the Northern Pilot Area, placing 178 stages across about 30,000 feet of the Mid Velkerri B Shale formation.
The three-well zipper stimulation program, carried out using Liberty Energy’s frac fleet, averaged 6.7 stages per day and set basin records of more than 20 pumping hours in one day and 12 stages completed in a single day.
'
Tamboran acreage position across the Beetaloo Basin depocenter.
First locally sourced sand trial completed
Tamboran also successfully deployed locally produced “Beetaloo Red” sand across 10 stages of the SS-4H lateral.
Tracers were installed to compare the performance of the local material with imported sand, with the trial aimed at identifying further operating efficiencies and reducing development costs.
Chief executive officer Todd Abbott said the campaign marked a significant operational achievement and demonstrated continued progress down the cost curve.
“Together with the efficiency records set during this program, these trials represent further progress down the cost curve, and we continue to identify opportunities to optimize and improve performance as we move toward development,” Abbott said.
Sturt Plateau facility nearing commissioning
The completed wells are expected to be connected to the Sturt Plateau Compression Facility, where construction is nearing completion and commissioning is due to begin shortly.
The development remained within its A$141 million gross budget, equivalent to about US$97 million, with first gas sales to the Northern Territory Government still targeted for the September quarter of 2026.
The facility is intended to support initial gas production from the Northern Pilot Area and represents a key step in Tamboran’s broader commercialisation strategy for the basin.
Next three wells underway
Drilling has also started at the SS-7H, SS-8H and SS-9H wells from the SS1 pad using a Helmerich & Payne rig.
The wells are scheduled to be stimulated during the second half of 2026 and may be connected to the compression facility as additional capacity is required.
About Tamboran Resources
Tamboran is an independent natural gas exploration and production company focused on the commercial development of the Beetaloo Basin in Australia’s Northern Territory.
Through its subsidiaries, the company holds about 2.8 million net prospective acres and is the largest acreage holder in the basin’s depocentre.