Falcon Oil & Gas Ltd. Reaches Record Production in Beetaloo Sub-basin's Shenandoah Well
- Falcon Oil & Gas Ltd. achieved a record IP30 flow rate of 7.2 MMcf/d in the Beetaloo Sub-basin.
- The company plans to complete and test the SS-4H well by the end of 2025, expanding operations.
- Falcon holds a 98% stake in Australian assets, positioning itself strongly in the unconventional energy market.
Falcon Oil & Gas Achieves Landmark Production Milestone in Beetaloo Sub-basin
Falcon Oil & Gas Ltd. announces a significant achievement on June 16, 2025, with its Shenandoah S2-2H ST1 well in the Beetaloo Sub-basin, Northern Territory, Australia. The well records an impressive average initial production (IP30) flow rate of 7.2 million cubic feet per day (MMcf/d) over a stimulated length of 1,671 meters (5,483 feet). This result represents the highest IP30 flow rate documented in the Beetaloo region to date, far exceeding Falcon's pre-drill commercial threshold of 3 MMcf/d per 1,000 meters. This milestone positions Falcon as a formidable player in the unconventional oil and gas sector, showcasing the Beetaloo's potential to rival the best shale wells in the United States.
CEO Philip O’Quigley expresses his enthusiasm regarding the results, highlighting their implications for the company’s strategic positioning within the industry. The flow rates demonstrate not only a promising resource potential in the Beetaloo region but also indicate a favorable comparison to established wells in other prolific shale regions, such as the Marcellus Shale. The company’s success in achieving such high flow rates underscores its commitment to exploring and developing unconventional resources effectively, which could lead to substantial revenue opportunities and enhance its competitive edge in the global energy market.
Looking ahead, Falcon Oil & Gas plans to complete and test the SS-4H well by the end of 2025. In addition, the company is set to initiate a drilling campaign for three additional wells in the Shenandoah South program starting in July 2025. These developments reflect Falcon's ongoing efforts to expand its operations and optimize its resource extraction capabilities in the Beetaloo Sub-basin. The company remains focused on updating the market as new data emerges from these upcoming drilling activities, reinforcing its dedication to transparency and strategic growth in the unconventional oil and gas landscape.
In other relevant news, Falcon Oil & Gas Ltd. operates primarily through its subsidiary, Falcon Oil & Gas Australia Limited, which holds a 98% stake in the Australian assets. This structure enables Falcon to capitalize on the growing demand for unconventional energy resources in Australia, contributing to the overall energy transition and supporting local economies. As Falcon continues to advance its projects, stakeholder interest remains high, reflecting confidence in the company’s future endeavors and the potential of the Beetaloo Sub-basin.
