Tamboran Reports 6.7 MMcf/d IP90 Flow Rate, Targets 40 TJ/d Gas by Mid-2026

Tamboran’s Beetaloo Basin Ambitions

Tamboran Resources Corporation is making significant strides in developing Australia’s Beetaloo Basin, positioning it as a potential major new gas province. The company’s recent announcement highlights a record initial 90-day (IP90) flow rate of 6.7 million cubic feet per day (MMcf/d) from its Shenandoah South 2H ST1 well, a performance that compares favorably with prolific US shale plays such as the Marcellus. This achievement underscores the basin’s unconventional gas potential and supports Tamboran’s plans for near-term production.

With approximately 1.9 million net prospective acres under its control, Tamboran’s landholding rivals those of leading US independent gas producers. The acreage includes multiple shale benches, with the Velkerri B Shale being the primary target, demonstrating reservoir properties and production profiles that suggest higher estimated ultimate recoveries than comparable US plays.

Progressing Toward First Gas and Market Integration

The company is advancing its Phase 1 Shenandoah South Pilot Project, aiming to deliver an initial 40 terajoules per day (TJ/d) of gas production by mid-2026. This supply is secured under a binding gas sales agreement with the Northern Territory Government, providing energy security as the region’s primary gas source transitions from the declining Blacktip field. Drilling and infrastructure construction, including the Sturt Plateau Compression Facility and Sturt Plateau Pipeline, are well underway, with the pipeline expected to connect the basin’s output to the existing Amadeus Gas Pipeline network.

Tamboran’s operational update reveals ongoing stimulation and drilling activities, with three additional wells planned to support the pilot’s plateau production. The company is targeting cost efficiencies through batch drilling, optimized well designs, and local sourcing, including a significant reduction in sand costs by securing Northern Territory suppliers and exploring in-field sand mining opportunities.

Strategic Partnerships and Market Expansion

To accelerate development, Tamboran has forged strategic alliances with US-based Helmerich & Payne for drilling rigs, Liberty Energy for completion services, and Australia’s APA Group for pipeline infrastructure. These partnerships bring advanced technology and operational expertise, de-risking execution and enhancing cost control.

Looking beyond the Northern Territory, Tamboran is actively pursuing a farmout of approximately 400,000 acres in the Phase 2 Development Area. This acreage is positioned to supply the East Coast domestic gas market, which faces an anticipated supply shortfall in the late 2020s. Non-binding letters of intent from major East Coast gas retailers indicate strong demand, while APA Group is progressing approvals for a proposed 1,000-mile pipeline to connect the Beetaloo Basin to eastern markets.

Long-Term LNG Export Prospects

Tamboran is also advancing pre-front-end engineering and design (pre-FEED) studies for a proposed liquefied natural gas (LNG) export project at Middle Arm, Darwin. The project benefits from government support, including a potential US$1 billion federal contribution, and memoranda of understanding with major LNG buyers bp and Shell. This initiative aims to capitalize on available capacity at the Ichthys LNG facility and planned expansions, positioning Tamboran to participate in Australia’s growing LNG export sector.

Community engagement remains a priority, with Tamboran increasing its spend with Indigenous and Northern Territory-based businesses and supporting local initiatives such as sports sponsorships. Environmental management strategies focus on water reuse and minimizing waste, aligning with broader ESG commitments.