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Old 10-21-2021, 01:40 AM
Sparty Sparty is offline
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Default Beetaloo

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.

Read article: https://www.sharecafe.com.au/2021/10/20/beetaloo-australias-next-big-hydrocarbon-basin/

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

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