Question · Q4 2025
Scott Hanled with RBC Capital Markets inquired about Tamboran Resources' drilling efficiency, specifically asking for details on tool failures encountered in recent wells and the potential for reduced drilling days if these issues are resolved. He also sought clarification on the plan for the SS4 well's stimulation, flow testing, and subsequent shut-in for the pilot project, as well as the adequacy of current sand inventory for the frac job.
Answer
Dick Stoneburner, Chair & Interim CEO of Tamboran Resources, explained that tool failures were typical for horizontal drilling in hostile environments, citing issues with steerable systems and mud motors. He noted that combining the best segments from recent wells indicated a potential drilling time of 19 days, significantly improving on the 25-27 days seen previously. Stoneburner confirmed the SS4 well would undergo stimulation similar to prior wells, followed by a 30-day soak and a 30-day flow test, with results expected in early Q1. He also confirmed that current sand on site is ample for the frac job, with ongoing efforts to build inventory for future wells.