Tamboran Resources Corporation : Powering Australia’s Energy Future

Todd Abbott, CEO of Tamboran Resources Corporation, outlines how the Australian-based, independent gas company is unlocking the vast potential of the Beetaloo Basin to strengthen national energy security, supply key markets, and support the nation’s net zero transition.

POWERING AUSTRALIA’S ENERGY FUTURE

As one of the most exciting prospects in the global gas industry, Australia’s Beetaloo Basin (Beetaloo) is transforming the sector both nationally and across the Asia Pacific (APAC) region.

Significant exploration and appraisal have taken place in the Northern Territory (NT) to delineate the resource and introduce the best technologies and practices for developing the basin.

“The results we have seen to date are extremely promising and give us confidence in the future of the basin,” opens Todd Abbott, CEO of Tamboran Resources Corporation (Tamboran) – the gas company supporting Australia’s net zero energy transition through low-carbon, unconventional gas resources.

The NT government supports Beetaloo’s expansion, with solid regulatory regimes in place that give the public confidence operations are being conducted in line with the highest environmental standards.

Tamboran is also working closely with Native Title Holders in the region, providing local job and business opportunities alongside future financial benefits.

A project of Beetaloo’s size and scale is not only an enormous opportunity for Tamboran and its joint venture (JV) partner, Daly Waters Energy, but also for other operators in the area.

“The gas is there, but to ensure it hits the right markets and demand centres, it will require pipelines that connect Beetaloo to the East Coast, which will provide energy security and competitive energy prices for Australians,” Abbott says.

THE ROAD TO NET ZERO

Supporting Australia’s net zero energy transition, Tamboran’s gas reservoir boasts low in-situ carbon dioxide (CO2).

“As a result, the mix of gas coming out of the shale formation has lower quantities of CO2, which is a huge advantage to our project,” Abbott explains.

“We have three key gas markets we are targeting and are on track to supply first gas to the NT government in Q3 this year for domestic use,” he reveals.

The NT requires the resource for power generation, and Tamboran is seeking to benefit the local communities that are supporting it.

“Without a doubt, the delivery of first gas sales this year from our pilot project will put Beetaloo on the map and highlight Tamboran’s capabilities,” Abbott explains.

Next, the company plans to supply gas to the East Coast of Australia, where there is a well-known shortage emerging for the resource. As such, Tamboran aims to provide energy security solutions and lower gas prices for Australians.

Beyond national priorities lies the APAC region, and Darwin – located on Australia’s northern coast – is considered the gateway to Asia.

“Being a major energy supplier to the continent elevates Australia’s standing on the global stage,” Abbott says.

Darwin plays a huge role in energy security for the APAC region – particularly Japan – with INPEX’s Ichthys liquefied natural gas (LNG) project delivering 10 percent of the nation’s total gas supply.

“I don’t think enough people understand just how important the city’s role in Asia already is, and how much more it can do,” he emphasises.

With LNG exports from INPEX and Santos already in place from existing infrastructure in Darwin, and plenty of room for significant growth, Australia is well placed to service the region’s growing energy demand, bolstered by Beetaloo.

SCALE, PEOPLE, PARTNERSHIPS

Standing out from the competition, Tamboran prides itself on three key elements – scale, people, and partnerships.

“Our results to market continue to demonstrate we have some of the best rocks and Beetaloo is a quality resource,” Abbott smiles.

Thanks to Tamboran’s dedicated team and depth of knowledge, the company has significant experience in developing gas it can be proud of.

“We’ve also attracted investment and partnerships with leading global shale specialists including the largest US onshore driller Helmerich & Payne (H&P), onshore simulation company Liberty Energy, and highly regarded global oilfield service business Baker Hugues,” he adds.

These companies have brought new technology and equipment from the US to Australia, ensuring Tamboran continues to drive down development costs by utilising the best tools to do the job.

Meanwhile, its JV partner, Daly Waters Energy, brings high-calibre capabilities, connections, and experience in shale development.

Tamboran is also working closely with APA Corporation (APA) who has built the new 37-kilometre (km) Sturt Plateau Pipeline connecting its pilot project to the Amadeus Gas Pipeline to deliver its first gas to market.

“APA has done a terrific job delivering this project at pace, and we’re now nearing completion of the Sturt Plateau Compression Facility,” Abbott tells us.

The facility will be essential in delivering Tamboran’s gas to market, which will be carried out in collaboration with its engineering, procurement, and construction (EPC) contractor, Enscope.

GAME-CHANGING DEVELOPMENTS

In October last year, Tamboran successfully completed the 2025 Shenandoah South drilling programme – the largest ever conducted in Beetaloo.

“As a result, 2025 saw us complete our biggest year ever, and that’s just the start – 2026 will be a big year,” Abbott says.

Recent well results and initial flow tests from Shenandoah South have indicated a comparison to the Marcellus Shale formation in the US – the country’s largest source of natural gas.

Tamboran is also beginning to see the Velkerri B Shale formation in Beetaloo show its own distinct character, signifying much shallower declines as the well continues to clean up over 90-day flow testing.

The company’s work with H&P has also been a game-changer for Beetaloo in this sense, with its rig brought into the basin in 2023 – the most powerful onshore in Australia at the time – allowing Tamboran to drill with larger casing to the required lateral lengths.

“These efficiencies have allowed us to drill wells in less than 25 days, with further lessons to support reducing this to below 20 days in the upcoming campaign, which will ultimately drive costs down,” he shares.

Having recently moved a step closer to consolidating full ownership of Falcon, the strategic importance of taking full control of this asset is becoming an increasing reality for Tamboran.

“It’s the logical consolidation of two of Beetaloo’s most active companies and will strengthen Tamboran’s acreage position to over 2.9 million net prospective acres,” Abbott details.

The acquisition will also increase the company’s ownership over Beetaloo’s Phase 2 Development Area, providing it with a larger interest in the acreage post-farmout transaction.

FUTURE FOCUS

Looking ahead, Tamboran’s priorities are to expand its drilling operations in Beetaloo, before beginning to supply gas to the NT market in Q3 2026.

To progress towards the latter phase, it is working to connect the East Coast market through a 1,600 km pipeline from Beetaloo to Ballera.

“An open access pipeline would connect our gas directly to retail, industrial, power generation, and ensure the company can secure long-term gas sale agreements with both retailers and end-users,” Abbott outlines.

“The opportunity we have here at Tamboran and in Beetaloo is to turn this natural resource into energy security for the NT, East Coast of Australia, and APAC as a whole,” he confidently concludes.