Falcon Oil & Gas Spuds Velkerri Test in Australia’s Northern Territory

Drilling Activity Details

Locations

Australia

Plays
Post Date
Shore Type
Well Name
#1-Velkerri 76 S2
Geo Coordinate

Drilling Activity Summary

Description

Falcon Oil & Gas has spud #1-Velkerri 76 S2 in the Beetaloo Sub-Basin, Northern Territory, Australia. The venture is targeting the Velkerri play along the southeastern flank of the Beetaloo Sub-Basin and is predicted to be in a liquids-rich gas window. Denver-based Falcon plans to acquire core and log data and conduct a fracture injection test data across the formation to assess hydrocarbon maturity, saturation and reservoir quality. The venture also seeks to get further information on the areal distribution of Velkerri and collect data for potential future horizontal drilling, completion, stimulation and production testing, including the ability to flow liquids-rich gas. Partner in the joint venture is Origin Energy.