Beetaloo Basin Aims to Unlock Australia's Shale Potential

Australia's Beetaloo basin is set to start producing gas next month, marking the beginning of what developers hope will be the country's own shale revolution.

The Beetaloo holds an estimated 7 trillion cubic feet of gas and could fuel data centres in the Northern Territory and feed liquefied natural gas sales to Asia from the world's second-largest LNG exporter.

Tamboran Resources, a key player in the project, plans to send an initial 40 terajoules (37 million cubic feet) a day of gas to Darwin, followed by Beetaloo Energy's 15 terajoules later this year.

The development has attracted significant investment from the US, with Tamboran raising over A$280 million in April and Inpex taking a stake in Formentera Partners' acreage. Service providers from the American shale patch are also active in the Beetaloo, including Liberty Energy.