Highlights
- Tamboran Resources has successfully completed the 2025 Shenandoah South drilling program, the largest program ever conducted in the Beetaloo Basin.
- The program included the batch drilling of the Shenandoah South -4H (SS-4H), -5H and -6H wells, each successfully completed with a target lateral length of 10,000-feet. The three wells have been successfully cased and suspended ahead of stimulation activities.
- The average spud-to-TD (total depth) across the program was 26.7 days, with the drilling and casing time delivered within the 35-day forecast.
- The program saw an increase in efficiency driven by the application of new Baker Hughes (NASDAQ: BKR) anti-vibration drilling technology. This resulted in Tamboran drilling its fastest horizontal section in the Mid Velkerri B Shale to date in the SS-6H well, reaching over 1,100 metres (3,603 feet) in a day.
- Tamboran plans to complete the SS-4H well in 4Q 2025. The program includes up to 60 stages across the full 10,000-foot horizontal section within the Mid Velkerri B Shale using the imported Liberty Energy (NYSE: LBRT) modern stimulation equipment. The SS-4H well is planned to be flow tested for 30 days ahead of being shut-in for future gas sales.
Source: Tamboran Resources Corporation