By Digifin Pty Ltd · About this coverage
Key Points
- SPCF will be capable of up to 50 TJ/d, with 40 TJ/d contracted to the NT Government for up to 14 years
- Construction on schedule and within the P50 gross budget of A$141m, about US$99m
- Gas sourced from five Shenandoah South 2 wells, all drilled, stimulated and tied back
- The SPCF Trust is a 50/50 joint venture with Daly Waters Infrastructure, LP
- During commissioning the BJV will sell gas to the NT Government at a discounted rate under the long-term GSA
About Tamboran (ASX:TBN)
Tamboran Resources Corporation is a natural gas exploration and production company incorporated in the United States and listed on both the New York Stock Exchange and the ASX, where its securities are quoted as CDIs. Its operations are concentrated in the Beetaloo Basin in the Northern Territory of Australia, where it holds acreage and is developing natural gas resources. The company maintains an Australian office at Barangaroo in Sydney.
Tamboran Resources Corporation (ASX:TBN) announced that the Sturt Plateau Compression Facility Trust, a 50/50 joint venture between Tamboran and Daly Waters Infrastructure, LP, has commenced gas commissioning of the Sturt Plateau Compression Facility (SPCF) using gas from wells on the Shenandoah South 2 pad. The company describes the SPCF as the key processing infrastructure required to deliver gas from the Shenandoah South Pilot Area to the Northern Territory gas market. The facility will be capable of processing up to 50 TJ/d (approximately 48.5 MMcf/d), of which 40 TJ/d (approximately 38.8 MMcf/d) is contracted to the Northern Territory Government under a long-term, take-or-pay gas sales agreement of up to 14 years.
Tamboran said the SPCF construction project remains on schedule and within its P50 gross budget of A$141 million (approximately US$99 million). During commissioning, the announcement states that the BJV, an abbreviation it does not expand, will sell gas to the Northern Territory Government at a discounted rate under the long-term gas sales agreement, which the company describes as consistent with industry practice. Chief Executive Officer Todd Abbott described the commissioning as a major milestone for Tamboran and the Beetaloo Basin, said all five wells on the Shenandoah South 2 pad have been drilled, stimulated and tied back to the facility, and said the company looks forward to imminently delivering first gas sales of up to 40 TJ/d to the Northern Territory Government. Daly Waters Infrastructure, LP is stated to be under common ownership with Tamboran's upstream joint venture partner, Daly Waters Energy, LP.
Source: Tamboran Resources Corporation (ASX:TBN), 2 September 2026. Summary content supplied by Digifin Pty Ltd.
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