halliburton to frac beetaloo basin nt

Looks like Halliburton will be working for Falcon Oil & gas in the NT

From the O & G article, it appears that they are not quite ready to frac the well yet so NWE may still be able to slot in some Halliburton time.

Falcon Oil & Gas Australia Limited, Falcon's 73% owned subsidiary, holds a 100% working interest in four onshore exploration permits, covering almost the entirety of the Beetaloo Basin in the Northern Territory, Australia.

The Beetaloo Basin is of Pre-Cambrian age and is situated approximately 600km south of Darwin. The property consists of four exploration permits which encompass approximately 7,000,000 acres. Multiple conventional and unconventional oil and gas opportunities have been identified. The Beetaloo Basin has more than 3,000m of sediment column in which two world class source rocks have been identified; the oil and gas generating Kyalla Shale and the gas generating Velkerri Shale. The main hydrocarbon plays in this large basin are in the shale reservoirs and in the sandstones adjacent to them. Each source rock is widespread, with thicknesses up to 800m. The sandstones have conventional porosities and permeabilities and numerous conventional structures have been mapped from over 2000km of 2D seismic. 11 wells have already been drilled in the basin in the 1990s. All of the wells showed presence of oil and gas.

HOUSTON, Sept. 16
By OGJ editors

Falcon Oil & Gas Ltd., Denver, will soon stimulate and test gas-prospective shales and sandstones at the Shenandoah-1 vertical exploratory well in the Beetaloo subbasin of the McArthur basin in Northern Territory, Australia.

The company moved in a rig that is drilling out six cement plugs and will set 4-1/2-in. casing at 2,714 m. It will then move off to allow Halliburton stimulation equipment on site.
Five intervals are to be tested, two in the Velkerri shales, two in the Moroak sandstones, and one in the Lower Kyalla shales. All of the formations are Proterozoic in age (see chart, OGJ, June 27, 1994, p. 61).

High flow rates are not expected, but hydrocarbons produced to surface will direct the future placement of horizontal wells for the purpose of testing commerciality (OGJ Online, Aug. 19, 2009). The full test sequence is expected to be concluded around the end of November 2011.