Business · Energy & Commodities · 16 hrs ago
Beetaloo Energy secures key licence for its Northern Territory gas project
Beetaloo Energy secured a retention licence for its Carpentaria gas discovery in the Northern Territory.
The licence, called RL11, covers 605 square kilometres and preserves the company’s rights to the area as it assesses whether to develop the gas field.
It also keeps existing agreements made through the Northern Land Council on behalf of traditional owners in place.
A separate approval already allows the company to sell appraisal gas under a 10-year agreement with the Northern Territory Government.
Gas sales could help fund further appraisal and possible development of the wider field.
Beetaloo plans to commission its gas plant, connect three pilot wells and begin sales in late 2026, then increase output in 2027.
The company has not yet made a full-field investment decision.
Beetaloo Energy Australia has secured Retention Licence RL11 for its Carpentaria gas discovery in the Northern Territory.
The licence covers 605 square kilometres and includes the company’s Carpentaria Pilot project.
The licence preserves the company’s tenure and opens the way to apply for a full production licence.
A separate approval already allows Beetaloo to sell appraisal gas under a 10-year agreement with the Northern Territory Government.
The company plans to commission its gas plant and begin sales in late 2026.
- Who
- Beetaloo Energy Australia, through its wholly owned subsidiary Imperial Oil & Gas.
- What
- It secured Retention Licence RL11 for its Carpentaria gas discovery.
- When
- November 9, 2026. The licence was issued before the article was published.
- Where
- The Carpentaria project in the eastern Beetaloo Basin, Northern Territory.
- Why
- The licence secures tenure over the discovery area as the company evaluates the gas and advances toward production.
This story does not have two clearly opposing sides.
INPEX struck a farm-in deal alongside Tamboran and Daly Waters Energy to expand its exposure to the Beetaloo Basin.
Santos launched a two-well appraisal campaign targeting the Velkerri shale.
Tamboran Resources began commercial gas sales at Shenandoah South, described as the basin’s first.
Beetaloo Energy’s Retention Licence RL11 was reported as secured.
Beetaloo plans to commission its Carpentaria Gas Plant and begin sales, with first revenue slated for late 2026.
- Licence
- RL11
- Area covered
- 605 square kilometres
- Project
- Carpentaria Pilot
- Licence holder
- Imperial Oil & Gas, a wholly owned subsidiary of Beetaloo Energy Australia
- Planned first revenue
- Late 2026
- Test result
- Carpentaria-5H averaged 6.9 terajoules daily during a 30-day flow test
What people are saying
The grant of RL11 secures our tenure over the Carpentaria gas discovery area, held in our own right while we evaluate the stacked shales of the Velkerri Formation and determine the optimal approach to full-field development.
The grant of RL11 gives stakeholders confidence that gas can flow from the Carpentaria Gas Plant, with the cash flow generated funding continued appraisal.