taroom trough project 48 tcf with a 10% recove

Taroom is still a go, hope we see this one bring in some goods.

Resource gas-in-place volumes are estimated to be 48 TCF with a 10% recovery factor.

Two formations within ATP 840 are considered prospective for gas; the Triassic Rewan Formation and the Permian Tinowon Formation which have a thickness up to 600 metres and are found in the depth range of 2800 metres to 4000 metres.

Two formations within ATP 840 are considered prospective for gas; the Triassic Rewan Formation and the Permian Tinowon Formation which have a thickness up to 600 metres and are found in the depth range of 2800 metres to 4000 metres. Resource gas-in-place volumes are estimated to be 48 TCF with a 10% recovery factor.

There have been gas flows from both these formations in wells drilled around ATP 840, including Kinkabilla, Overston and Cabawin, with the latter flowing 200,000 cubic feet per day (cfd) based on 1960s drilling technology. Well flow rates with the latest stimulation and horizontal drilling techniques could be substantially greater than this amount.