Beach Completes Oz Shale Test

摘要

Flow stimulation at the Holdfast-1 shale gas well in Australia's Cooper Basin has shown the ability of the shales to fracture, midsized Australian player Beach Energy says. "The volume of fluid and proppant injected and the extent and apparent orientation of the fracturing is considered most encouraging," the company said. The shales have fractured vertically, favoring horizontal production wells, but a vertical well will be tested to ascertain the likely deliverability of a vertical completion.