Northern Territory Minister for Primary Industry and Resources Paul Kirby
Milestone Reached In The Beetaloo Basin With First Drilling Underway
Victor P Taffa
Origin Energy has successfully and safely spudded, an industry term for commencing drilling, the Kyalla 117 well as part of its Beetaloo Exploration Program.
Kyalla 117 is the first of two new appraisal wells to be drilled and fracture stimulated to help determine the potential of the resource in the Beetaloo Basin.
“Territory Government’s focus on creating local jobs and supporting local businesses is being delivered from day one of Origin’s new drilling in the Beetaloo.” Minister for Primary Industry and Resources Paul Kirby said.
Operations in the Beetaloo are supported by a number of Territory businesses with more than 50 Territorians employed during this early exploration stage. This will increase as the project progresses and, if successful, moves into production.
“This is an important milestone in realising the opportunity the project could deliver for the Northern Territory.” Origin General Manager for the Beetaloo and Growth Assets Tracey Boyes said.
Origin has regulatory approval for its Environmental Management Plans related to the well and is required to comply with strict regulatory standards as per the recommendations of the Independent Scientific Inquiry into Hydraulic Fracturing.
Origin’s exploration permits are located around 600 km south-east of Darwin, between Daly Waters and Elliott.
“Northern Territory’s abundant natural gas resources can play a vital role in revitalising the Territory’s economy.” APPEA Director Northern Territory and Exploration Keld Knudsen said.
Beetaloo Exploration Project is a joint venture between Origin as Operator (70%) and Falcon Oil and Gas (30%).