Falcon Oil & Gas Ltd., with joint venture partner Tamboran, have spud a second well in the Shenandoah South Pilot Project in the Beetaloo. (Source: Shutterstock, Falcon Oil & Gas)
Falcon Oil & Gas and joint venture partner Tamboran spud a second well in the Beetaloo sub-basin in Australia, Falcon said Nov. 25.
Falcon Oil & Gas Ltd. spudded the Shenandoah S2-4H (SS4H) horizontal well in exploration permit 98 in the Beetaloo sub-basin, Northern Territory, Australia with joint venture partner Tamboran Pty Ltd.
SS4H is the second well of the Shenandoah South Pilot Project and will be drilled from the same well pad as the Shenandoah S2-2H ST1 sidetrack well using the Helmerich & Payne (H&P) super-spec FlexRig Flex 3 rig.
SS4H is estimated to be drilled to a total measured depth of 20,669 ft (6,300 m) including a horizontal section of approximately 10,000 ft (3,000 m), targeting the Amungee Member B-shale.
Following the drilling of the SS4H well, Liberty Energy will complete the stimulation of the SS-2H ST1 with 34 stages and SS4H with 60 stages planned. Stimulation of both wells is expected to commence in first-quarter 2025 with 30-day initial production flow rates expected during the same period.
Falcon Australia will continue its participation in the Shenandoah South Pilot Project at its elected participating interest of 5%.
“The spudding of the SS4H horizontal well is an exciting next step in the development of the Beetaloo Sub-basin and we will look forward to updating the market as operations progress,” Falcon CEO Philip O’Quigley said.
Recommended Reading
Dividends Declared Sept.16 through Sept. 26
2024-09-27 - Here is a compilation of dividends declared from select upstream, midstream and service and supply companies.
EQT to Cut Workforce 15% Following Close of Equitrans Acquisition
2024-10-02 - EQT Corp. closed its $5.5 billion all-stock buy of Equitrans Midstream Corp. on Sept. 22.
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
2024-12-04 - SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.
TC Energy Completes Spinoff of Liquids Pipeline Business South Bow
2024-10-01 - South Bow Corp. will commence trading on the Toronto Stock Exchange on Oct. 2.
Dividends Declared Week of Nov. 4
2024-11-08 - Here is a compilation of dividends declared from select upstream and midstream companies in the week of Nov. 4.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.