Falcon Spuds Beetaloo W-1 in its Australian Shale Play

Falcon Oil & Gas has spudded the Beetaloo W-1 vertical well in its Australian shale play, in the Beetaloo basin.

The Beetaloo W-1 well is the fourth of Falcon’s fully carried five well 2015-2016 drilling and evaluation program, the initial phase of a nine well drilling and evaluation program. This well, targeting the unexplored southern Beetaloo basin for shale and hybrid shale-sand plays in the Velkerri and Kyalla formations, was spudded on July 22, 2016. The well is located approximately 85 kilometres south of the first well drilled, Kalala S-1; within exploration permit 117 with drilling estimated to be to a total depth of 3,045 meters.

Falcon also announced the successful re-entry and casing of Amungee NW-1H horizontal well. The well was drilled to a total measured depth of 3,808 metres last November, including a 1,100 metres horizontal section in the “B Shale” interval of the Middle Velkerri formation. The horizontal section was successfully cased and cemented earlier this month and preparations are now being finalised to conduct a multi-stage hydraulic stimulation. The hydraulic stimulation is expected to commence around mid-August and will involve up to 10 stages and will take up to 2 weeks to complete. This will then be followed by an extended production testing program.

Falcon retains a 35% stake in the Australian shale venture with partners Origin and Sasol each owning 35%.