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- First Beetaloo gas sales to NT government on track for 3Q 2026
- Tamboran successfully completes major steps at SS-3H
- First three-well campaign largest ever conducted in Beetaloo Basin
- Beetaloo Energy chasing data centre opportunity
Tamboran Resources (ASX:TBN) is on target to add the vast volumes of the Beetaloo Basin to the Australian gas network in September after setting several stimulation records on the Shenandoah South 3H (SS-3H) well in the Northern Territory.
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The recent work at SS-3H has seen the company set to tie in key wells into the Sturt Plateau Compression Facility (SPCF) with initial sales of Beetaloo Basin gas on target to come on stream in the third quarter.
CEO Todd Abbott said commissioning activities will commence imminently following Tamboran’s achievement of several stimulation records on the SS-3H well.
“The successful completion of the SS-3H, -4H, and -5H stimulation program is a significant achievement for Tamboran and for Beetaloo,” Mr Abbott said.
“Delivering the largest stimulation campaign in the basin’s history, including records of 12 stages in a single day and pumping operations exceeding 20 hours per day, is a testament to the skill and dedication of our operational team and partners, including Liberty Energy,” the company’s chief told shareholders.
“Importantly, we have also achieved the first successful placement of Beetaloo Red locally produced sand in the SS-4H well. Together with the efficiency records set during this program, these trials represent further progress down the cost curve, and we continue to identify opportunities to optimise and improve performance as we move toward development.
“With the SPCF construction on schedule and within budget, we remain on track to deliver first gas sales to the Northern Territory Government in Q3 CY26.
“This is a milestone that will mark the beginning of a new era of energy production from the Beetaloo Basin, with potential to supply large-scale gas volumes and deliver energy security to the Northern Territory, and trading partners in the Asia Pacific region.”
Mr Abbott also noted the project remains within the $141 million budget and that Tamboran has commenced drilling activities of the SS-7H, -8H and -9H wells with the Helmerich & Payne rig on the SS1 well pad. The three wells are planned to be stimulated during 2H 2026 and tied into the SPCF when required.
Tamboran and the Beetaloo Joint Venture (BJV) signed a binding long-term Gas Sales Agreement (GSA) in April 2024 to supply the NT government with 40 terajoules (TJ) per day from the Shenandoah South pilot project for an initial term of nine years,
Gas will be delivered to the APA-owned Amadeus Gas Pipeline (AGP) on a take-or-pay basis at a market-competitive gas price.
Tamboran is estimated to so far hold 2.1 trillion cubic feet (Tcf) of 2C contingent shale gas resources in the Beetaloo Sub-basin, the company says.
Elsewhere, Beetaloo Energy has signed a deal for exclusivity over 185 hectares of contiguous land at Weddell, south of Darwin, for a proposed Beetaloo Digital integrated power and data centre development.
The land has been granted on an exclusive basis, giving Beetaloo Energy the certainty to secure consortium partners and progress pre-FEED studies.
The proposed development is intended to accelerate development of Beetaloo Energy’s Beetaloo Basin gas resource, creating a significant and durable domestic market, with the remaining capacity to be underpinned by the continuous energy demand of data centre operations.
The proposed Beetaloo Digital development is located adjacent to the NT government’s proposed Darwin Energy Hub. It has the potential to complement the Hub’s planned large-scale solar generation and battery storage by providing firm generation capacity to support renewable integration and reliability across the Darwin–Katherine electricity system.
Global data centre demand is significant, and Darwin is strategically located close to critical communications infrastructure and Asia Pacific markets
This proposal has the potential to create a significant new domestic gas market for Beetaloo Energy, with each GW of compute power campus requiring up to 200 TJ / day of gas for power generation
The Beetaloo Basin is estimated to hold approximately 430 trillion cubic feet (Tcf) of shale gas “in place,” with over 100 Tcf considered recoverable.
When compared to the estimated 138 Tcf of developed/sanctioned gas in the North West Shelf (NWS) offshore gas basins in Western Australia, it shows what a game-changing development the Beetaloo assets may be.
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