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Tamboran Resources: EP 98 Operational Update

24 Jan 2025 12:34 PM | Stephanie Berlin (Administrator)

EP 98 Operational Update: Commencement of SS-2H ST1 and SS-3H stimulation campaign

Highlights:

Tamboran has commenced stimulation activities of the Shenandoah South 2H sidetrack (SS-2H ST1) and 3H (SS-3H) wells in Beetaloo Basin exploration permit EP 98.
The Company is planning to pump up to 119 stimulation stages across the two wells with reduced spacing between stages. The SS-2H ST1 well is planned to include 43 stages over a 5,427-foot (1,654-metre) horizontal section and the SS-3H well is planned to include 76 stages over a 9,766-foot (2,977-metre) horizontal section.
The campaign is being conducted with the Liberty Energy (NYSE: LBRT) modern stimulation equipment, which is the first 80,000 hydraulic horsepower (HHP) frac spread imported into the Beetaloo Basin from the US.
The increased horsepower from the Liberty equipment is expected to result in a >25% increase in proppant intensity of >2,800 pounds per foot, as compared with Shenandoah South 1H well. All stages are being pumped with a slickwater fluid design.

To view the full ASX announcement, click here.

Source: Tamboran Resources

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