Tamboran Secures Native Title Approval to Sell Beetaloo Gas, First Supply by 2026

A Milestone in Beetaloo Basin Development

Tamboran Resources Corporation has reached a significant milestone by securing approval from Native Title Holders and the Northern Land Council to sell appraisal gas from its exploration permits in the Beetaloo Basin. This agreement, the first of its kind under the Northern Territory's Beneficial Use of Gas legislation, marks a crucial step forward for the company and the region’s energy landscape.

The Beetaloo Joint Venture (BJV), in which Tamboran is a key operator, has contracted to supply an initial 40 million cubic feet per day (MMcf/d) of gas to the Northern Territory Government, with the contract extending until mid-2041. This long-term commitment is expected to bolster energy security for Territorians, whose power system relies heavily on gas-fired generation.

Shenandoah South Pilot Project on Track

The agreement enables the sale of appraisal gas from Exploration Permits 98 and 117, specifically from the proposed Shenandoah South Pilot Project. Tamboran aims to deliver first gas by mid-2026, contingent on weather conditions and customary stakeholder approvals. This timeline underscores the company’s focus on transitioning from exploration to production, a critical phase for unlocking the Beetaloo Basin’s potential.

Chairman and Interim CEO Richard Stoneburner highlighted the significance of this development, noting that Tamboran is the first operator in the basin to secure such Native Title Holder approval. He emphasized the partnership approach with Indigenous communities, which includes financial benefits, employment, training, and contracting opportunities, reflecting a commitment to sustainable and inclusive development.

Navigating Regulatory and Community Landscapes

While the agreement represents a breakthrough, Tamboran still requires ministerial approval under the Petroleum Act 1984 (NT) to commence gas recovery and sales on an appraisal basis. This regulatory step is essential before the beneficial use of gas can begin, and the company is actively progressing its application.

The collaboration with Native Title Holders and the Northern Land Council also signals a broader strategy to ensure the Beetaloo development is a genuine partnership. This approach aims to deliver long-term economic and social benefits to the local communities, addressing one of the critical challenges in resource development within Indigenous lands.

Looking Ahead

Tamboran’s extensive acreage in the Beetaloo Basin, combined with its strategic partnerships and pilot project progress, positions it as a leading player in Northern Territory’s gas sector. The company’s ongoing work with Bechtel Corporation on the Middle Arm Sustainable Development Precinct and the proposed NTLNG project further illustrates its ambition to integrate upstream and midstream operations.

As Tamboran moves closer to first gas production, market watchers will be keenly observing the ministerial approval process and the company’s ability to maintain strong community relations. These factors will be pivotal in determining the pace and scale of the Beetaloo Basin’s development and its contribution to Australia’s energy future.