The Beetaloo Sub-basin has the potential to be a world-class gas province. Estimates of the gas resource in the region vary but the results from preliminary exploration are encouraging. The NT Government estimates that there are over 200,000 PJ of gas in place in the sub-basin (NT Geological Survey Record 2017-003). Not all of this gas will be recoverable. However, even at a very conservative recovery rate of 10 per cent this is more than ten years’ worth of domestic gas demand. This resource would be capable of servicing a range of markets for decades into the future.
Excerpt from
“Unlocking the Beetaloo; The Beetaloo Strategic Basin Plan, Australian Government Department of Industry, Science, Energy and Resources”
US Shale Gas Basins versus the
middle Velkerri (Beetaloo Basin). Comparison of Gas in Place (GIP) and Basin Area
Source: Unlocking the Beetaloo; The Beetaloo Strategic Basin Plan, Australian Government Department of Industry, Science, Energy and Resources.
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https://www.sharecafe.com.au/2021/10/20/beetaloo-australias-next-big-hydrocarbon-basin/