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Falcon Oil & Gas Completes Major Drilling Campaign in 2025

Falcon Oil & Gas Completes Major Drilling Campaign in 2025

The Successful Completion of Falcon Oil & Gas Drilling Campaign

Falcon Oil & Gas Ltd, a company engaging in the exploration and development of unconventional oil and gas assets, has recently achieved a major milestone with its joint venture partner in the Beetaloo Sub-basin. This accomplishment revolves around the successful completion of a three well batch drilling campaign set for 2025, a pivotal step in their operations.

Highlights of the Drilling Campaign

The three wells drilled during this campaign—designated as Shenandoah South SS2-1H, SS2-3H, and SS2-5H—were not only drilled, cased, and suspended, but each well features an impressive horizontal section that stretches 3,000 metres (10,000 feet). This marks the largest and most complex drilling program executed in the Beetaloo Sub-basin, reflecting a strong commitment to advancing their operations.

Efficiency and Innovation in Operations

One standout feature of this drilling campaign is the implementation of batch drilling, which is a first for this region. Noteworthy improvements were made to enhance drilling efficiency, such as modifications to the mud system and the deployment of anti-vibration drilling bits. This proactive approach resulted in an extraordinary drilling rate of approximately 1,000 metres per day for the SS2-1H well, establishing a new record in the Amungee Member B-shale.

Plans for Stimulation and Gas Sales

Looking ahead, Falcon intends to undergo up to a staggering 60-stage stimulation for the SS2-5H well, with operations projected for the fourth quarter of 2025. There are strong expectations for flow testing to last 30 days following this stimulation before the well is temporarily shut-in to prepare for gas sales, which are anticipated to initiate around mid-2026.

Future Developments in Gas Production

In the first half of 2026, the company plans to stimulate three additional wells that include the second well from the previous drilling campaign. This series of developments continues to support Falcon's ambitious gas production goals. The Shenandoah South Pilot Project wells are expected to collectively deliver a contracted volume of 40 million cubic feet per day under the Gas Sales Agreement with the relevant governmental authority, depending on weather conditions and stakeholder approvals.

Leadership Insights on Project Milestone

Philip O'Quigley, CEO of Falcon Oil & Gas, expressed his enthusiasm regarding these achievements. He remarked on the impressive execution of the drilling campaign, highlighting the extensive network of horizontal cased sections available for fracturing stimulation in upcoming months. O'Quigley noted, "We now have 12,000 metres (40,000 feet) of horizontal cased sections to be fracture stimulated over the coming months. Once completed, these wells will then be connected to gas gathering and compression facilities under construction in the Beetaloo, with sales set to initiate in the second half of 2026." He concluded by expressing optimism for updates in the coming phases of development as momentum builds in the Beetaloo Sub-basin.

Contact Information for Further Inquiries

For more information about Falcon Oil & Gas Ltd, please find the contact details below:

Falcon Oil & Gas Ltd

Phone: +353 1 676 8702

Contact Personnel:

Philip O'Quigley, CEO

Phone: +353 87 814 7042

Anne Flynn, CFO

Phone: +353 1 676 9162

Frequently Asked Questions

What was the main goal of the 2025 drilling campaign?

The primary objective was to successfully drill and complete three wells in the Beetaloo Sub-basin as part of enhancing Falcon’s gas production capabilities.

Who are Falcon Oil & Gas' joint venture partners in this project?

The joint venture partner is Tamboran (B2) Pty Limited, working together to achieve drilling success in the Beetaloo Sub-basin.

What is the significance of the 60-stage stimulation planned for SS2-5H?

This extensive stimulation process is critical for maximizing gas recovery from the well, significantly enhancing its production potential.

When is gas sales expected to begin?

Gas sales are projected to commence in mid-2026, following successful well completions and testing processes.

What sets this drilling campaign apart from previous efforts in the Beetaloo Sub-basin?

This campaign is notable for implementing batch drilling techniques and achieving record drilling efficiencies, showcasing growth and innovation in operations.

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