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Falcon Oil and Gas outliness planned 2021 work programme in the Beetaloo Sub-Basin

19/03/2021

Falcon Oil & Gas has provided details of the 2021 work programme in the Beetaloo Sub-Basin, Northern Territory, Australia with its joint venture partner, Origin Energy.  

The 2021 work programme is expected to include the following:

  • Resume clean-up operations of Kyalla 117 N2-1H ST2 ('Kyalla 117') and commence an extended production test ('EPT')
  • Drill Velkerri 76 S2-1 vertical well ('Velkerri 76')
  • Perform a production test at Amungee NW 1H

2021 Work Programme Detail

Kyalla 117

  • On 19 January 2021, Origin submitted a notification of discovery and an initial report on discovery to the Northern Territory Government.
  • Unassisted gas flow rates ranging between 0.4-0.6 MMscf/d were recorded over seventeen hours, which are preliminary indications of well performance, and an EPT is now required to determine the long-term performance of Kyalla 117.

2021 work programme includes:

  • Resumption of reservoir clean-up operations using an artificial lift technique.
  • If the Kyalla 117 clean-up is successful, progress to an EPT.

Velkerri 76

  • Targeting the Velkerri play along the south-eastern flank of the Beetaloo Sub-basin, which is predicted to be in a liquids rich gas window.

2021 work programme includes:

  • Drill a vertical pilot well to acquire core and log and run diagnostic fracture injection test data across the Velkerri.

Amungee NW 1H

  • On 22 December 2016 Falcon announced that, following a 57-day EPT of the well, production averaged 1.10 MMscf/d.
  • On 15 February 2017 Falcon announced that Origin had submitted the Results of Evaluation of the Discovery and Preliminary Estimate of Petroleum in Place for the Amungee NW-1H Velkerri B Shale Gas Pool to the Northern Territory Government amounting to a gross contingent resource of 6.6 TCF, 1.46 TCF net to Falcon.

2021 work programme includes:

  • A production test to be carried out to determine if all frack stages contributed to the initial EPT conducted in 2016.

Philip O’Quigley (CEO of Falcon) commented:
"This year’s programme covering three different plays in the Beetaloo will provide key information that will help determine the future appraisal and development programme. The prospect of multiple positive results is exciting, and we look forward to providing these results as soon as they become available. Falcon is fully carried for the 2021 work programme costs."

KeyFacts Energy: Falcon Oil & Gas Australia country profile

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