Falcon Oil & Gas Ltd. Completes Shenandoah SS-2H ST1 Stimulation
Overview of Shenandoah SS-2H ST1 Stimulation Completion
Falcon Oil & Gas Ltd. is excited to report the successful completion of the Shenandoah SS-2H ST1 stimulation process in the Beetaloo Sub-basin. This milestone, achieved in collaboration with the joint venture partner, Tamboran (B2) Pty Limited, represents a key advancement in the company’s ongoing efforts in unconventional oil and gas development.
Key Achievements
During the stimulation phase, a remarkable total of 35 stages have been completed within the horizontal section of the Amungee Member B-shale. This horizontal reach extends approximately 1,671 meters (5,483 feet). Notably, Liberty Energy has contributed state-of-the-art stimulation technology to enhance operational efficiency.
Stimulation Insights
The stimulation achieved an impressive productivity rate, accomplishing five stages over just 24 hours on multiple instances. The average proppant intensity recorded was 2,706 pounds per foot (lb/ft), with wellhead injection rates exceeding 100 barrels per minute. This efficient execution of fluid and proppant injection is a testament to the expertise of the teams involved.
Next Steps in Production Testing
The SS-2H ST1 well is set to undergo further clean-out procedures, paving the way for initial flowback and extended production testing. The results from these tests will provide valuable insights into the well's performance and future output potential.
Company Insight and Future Outlook
Philip O’Quigley, the CEO of Falcon Oil & Gas, shared his optimism regarding the company’s vitality following the stimulation program. He noted the significant gas shows detected during drilling, indicating the potential for robust output. With experienced partners like Liberty Energy at the helm, Falcon aims for optimal outcomes, and the anticipation for results from the IP30 flow test is high.
Contact Information
Falcon Oil & Gas Ltd. values transparency and is dedicated to keeping stakeholders well-informed. For further inquiries, please reach out:
Falcon Oil & Gas Ltd.
Phone: +353 1 676 8702
Philip O’Quigley, CEO
Phone: +353 87 814 7042
Anne Flynn, CFO
Phone: +353 1 676 9162
Understanding the Beetaloo Joint Venture
The Beetaloo Joint Venture comprises multiple stakeholders, with Falcon Oil & Gas Australia Limited holding a 22.5% interest alongside Tamboran (B2) Pty Limited, which commands the majority share at 77.5%. The joint efforts are directed toward harnessing the substantial natural resources available in the Beetaloo region.
Future Opportunities in the Gas Sector
Tamboran is committed to leveraging advanced drilling technology to unlock the region’s potential natural gas resources. The focus on reducing CO2 emissions through efficient operations is a key aspect of their strategy, and collaboration with seasoned partners enhances their implementation capabilities.
Frequently Asked Questions
What is the significance of the Shenandoah SS-2H ST1 stimulation?
The stimulation marks a vital step towards enhancing production capabilities in the Beetaloo Sub-basin, showcasing Falcon's commitment to optimizing resource extraction.
How many stages were completed in the stimulation process?
35 stages were successfully completed across the horizontal section of the well, indicating a robust approach to resource development.
Who is involved in the Shenandoah SS-2H ST1 project?
The project is a collaborative effort primarily between Falcon Oil & Gas Ltd. and Tamboran (B2) Pty Limited, supported by Liberty Energy.
What can stakeholders expect next?
Stakeholders can anticipate updates regarding the flow test results and further developments in the ongoing exploration and production activities.
How does Falcon Oil & Gas Ltd. support environmental sustainability?
Falcon is focused on utilizing advanced technologies to reduce the carbon footprint associated with natural gas extraction, aligning with global energy transition goals.
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