Falcon Oil & Gas commences drilling second well in Shenandoah S2-4H project

Falcon Oil & Gas Ltd. has announced the spudding of the Shenandoah S2-4H horizontal well (previously referred to as the SS3H well) in exploration permit 98 in the Beetaloo Sub-basin, Northern Territory, Australia with Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran (B2) Pty Limited.

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 H&P super-spec FlexRig^® Flex 3 Rig.

The SS4H well is estimated to be drilled to a total measured depth of 20,669 ft (6,300 meters) including a horizontal section of approximately 10,000 ft, (3,000 meters), targeting the Amungee Member B-shale.

Following the drilling of the SS4H well, Liberty Energy will complete the stimulation of the SS2H ST1 and SS4H wells, with 34 and 60 stages planned at the respective wells. Stimulation of both wells is expected to commence in Q1 2025 with 30-day initial production flow rates expected in 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,” commented Philip O’Quigley, CEO of Falcon.