Falcon Flows Gas from Australian Shale Well
Falcon Oil & Gas has got flows of 1mn ft3/d out of a shale gas frack from Amungee NW-1H horizontal exploration well in the Beetaloo Basin in the Australian state of Northern Territory.
The rates regularly exceed 1mn ft3/d and consistently range between 0.4 - 0.6mn ft3/d, the company said September 29. Falcon added that it completed 11 hydraulic stimulation stages along the 1,000 meter horizontal section in the Middle Velkerri B shale zone. It said that the flow-back of fracture stimulation fluid continues to return to surface.
“Preliminary results of the first horizontal exploration well in the Beetaloo are very encouraging. The planned testing programme utilising a production tubing string aims to evaluate the potential gas flow rate of the well. We look forward to updating the market when further results become available.,” Philip O'Quigley CEO of Falcon commented.
Falcon Australia holds 30% interest in 4.6mn gross acres in exploration permits 98, 76, and 117 covering the majority of the Beetaloo Basin.
Shardul Sharma