The SS1H well (Shenandoah South) has achieved an IP30 rate of 6.4MMscf/d (normalised over 1,000m), significantly exceeding pre-drill expectations and the 3.0MMscf/d required to progress the sanctioning of the proposed 40MMscf/d pilot project at Shenandoah South. A final investment decision is planned for mid-2024, with first gas in H1/26. The SS1H flow rate is the highest tested in the Beetaloo to date, and when combined with the geological data gathered to date, puts Shenandoah South on par wit ....
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26 Feb 2024
Falcon Oil & Gas - A Gamechanger for the Beetaloo
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Falcon Oil & Gas - A Gamechanger for the Beetaloo
Falcon Oil & Gas Ltd. (FOG:LON) | 5.9 0 0.0% | Mkt Cap: 65.4m
- Published:
26 Feb 2024 -
Author:
James McCormack -
Pages:
11 -
The SS1H well (Shenandoah South) has achieved an IP30 rate of 6.4MMscf/d (normalised over 1,000m), significantly exceeding pre-drill expectations and the 3.0MMscf/d required to progress the sanctioning of the proposed 40MMscf/d pilot project at Shenandoah South. A final investment decision is planned for mid-2024, with first gas in H1/26. The SS1H flow rate is the highest tested in the Beetaloo to date, and when combined with the geological data gathered to date, puts Shenandoah South on par wit ....