The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
https://www.abc.net.au/news/2023-05-03/nt-government-fracking-decision-beetaloo-basin-gas/102295762
Soaking? No. This is from the March 22 TBN NR.
• The flowback of stimulation fluid is planned to commence imminently and is expected to take
several weeks before the well is shut-in for installation of production tubing.
“The A2H well will shortly begin to flow back stimulation fluid before being shut-in for installation of
production tubing. This is expected to deliver optimal flow rates during the extended production testing,
which will provide key data regarding decline curves and estimated ultimate recovery.”
EEG commenced soaking after 27 days of flow testing and that lasted 21 ish days according to their news releases.
Says evaluating using the rig.. court decision opened that up.
Tamboran has contracted the rig for a minimum of two years and is currently "evaluating the opportunity" to use it to drill a 3,000 metre horizontal section in an existing well on Tanumbirini Station in mid-2023.
Here is the report...
https://territorystories.nt.gov.au/10070/900467
https://solidarity.net.au/climate-change/safeguards-deal-still-wont-deliver-cuts-to-emissions/
There are also questions around how “hard” the cap is because it will be judged over a five year rolling average. This means emissions could rise above the cap in individual years. If they do rise above the cap there will simply be an onus on the Minister to consult and amend the Safeguard Mechanism Rules, or take other policy actions, to avoid this.
The climate change minister must also assess any new project’s impact on the hard cap before it’s approved.
But Chris Bowen says the Safeguard Mechanism already includes a “reserve” to allow new coal and gas projects to enter the scheme without blowing the overall emissions budget
FO...
https://apps.sentinel-hub.com/eo-browser/?zoom=16&lat=-16.34408&lng=133.88459&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-03-29T00%3A00%3A00.000Z&toTime=2023-03-29T23%3A59%3A59.999Z&layerId=1_TRUE_COLOR&demSource3D=%22MAPZEN%22
Empire..
https://apps.sentinel-hub.com/eo-browser/?zoom=17&lat=-16.70015&lng=135.10026&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-03-29T00%3A00%3A00.000Z&toTime=2023-03-29T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22
https://www.miragenews.com/appea-ceo-samantha-mcculloch-discusses-975727/
APPEA CEO...
FO...
https://apps.sentinel-hub.com/eo-browser/?zoom=16&lat=-16.34408&lng=133.88459&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-03-19T00%3A00%3A00.000Z&toTime=2023-03-19T23%3A59%3A59.999Z&layerId=1_TRUE_COLOR&demSource3D=%22MAPZEN%22
Empire...
https://apps.sentinel-hub.com/eo-browser/?zoom=17&lat=-16.70015&lng=135.10026&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-03-19T00%3A00%3A00.000Z&toTime=2023-03-19T23%3A59%3A59.999Z&layerId=2_FALSE_COLOR&demSource3D=%22MAPZEN%22
Condor posted on Linkedin yesterday on finishing a job in the Cooper Basin. They also posted 3 weeks ago about their 2 -3 week job for Tambo. Their Linkedin might be the only clarity for a bit if they post the Beetaloo completion.
EP 98 Operational Update: Stimulation program commences at Amungee 2H
Highlights
• Tamboran has commenced its first Beetaloo Basin stimulation program at the Amungee 2H (A2H)
well in 38.75 per cent owned and operated EP 98.
• The program, which will include up to 24 stages over a 1,200-metre horizontal section within the
Mid-Velkerri “B Shale”, is planned to be completed within 2 – 3 weeks. The campaign is being
conducted by Condor Energy Services, a respected Australian energy services provider.
• The A2H stimulation program has been optimised with proven US-style shale stimulation designs
and techniques, including the use of 5-½-inch casing, widely considered the optimal casing size
to place a high-rate hydraulic proppant.
• This increased casing size allows for the placement of sand and fluid at an increased rate to the
perforations during stimulation. This is a proven concept that has been known to deliver
significantly higher production rates and Estimated Ultimate Recovery (EUR).
Tamboran Resources Limited (ASX: TBN) Managing Director and CEO, Joel Riddle, said:
“This is an exciting milestone for Tamboran, being the Company’s first operated simulation program in the
Beetaloo Basin. Following the successful drilling at the Maverick 1V and A2H wells during 2022, the A2H
stimulation program is aiming to demonstrate economic flow rates from the Mid-Velkerri “B Shale” in our
Beetaloo Basin acreage and the commercial viability of the play.
“The A2H program will leverage a proven US stimulation design. After completing the stimulation, we
expect a four-week flow back of stimulation fluid before installation of production tubing. We expect to
announce the 30-day initial production rates early in the second quarter of calendar year 2023.
“The Beetaloo Basin is well positioned to address the gas shortfalls on Australia’s East Coast, as forecast
by the Australian Competition and Consumer Commission (ACCC) and Australian Energy Market Operator
(AEMO). The Beetaloo has the potential to aid Australia's energy transition and reduce emissions by
utilising its world-class low reservoir CO2 gas to offset the higher CO2 fields on the East Coast, including
declining Cooper Basin and offshore Victoria fields.”
Feb 12th - Empire. FO's doesn't seem to load correctly on my end.
https://apps.sentinel-hub.com/eo-browser/?zoom=17&lat=-16.70015&lng=135.10026&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-02-12T00%3A00%3A00.000Z&toTime=2023-02-12T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22
lol..greenies representing greenies in court. This is from an earlier event (below) in Alice Springs from Caffa. The time spent wasn't sufficient as they didn't get the answer they wanted. Now they say production should have been taken into account to approve an EMP. Moss didn't do enough they say. Guess they were in the room with her. Timed just before possible production licenses are issued. Hmmm....
CAFFA has been advocating for the Water Control District to be a no go zone for
fracking for the past year. This position is outlined in this submission.
As a membership based organisation this position has been formed through many
conversations and interactions with the community. This position is also reflected by
the Alice Springs Town Council’s current business requesting the entire water control
district be off limits to fracking.
One month, online only, consultation about this important topic is not sufficient. The
NT government should be more thorough in this process, even if this comes at the
cost of not meeting the timeline that industry has set.