Valeura Energy Concludes Infill Drilling Campaign offshore Thailand

Thursday, December 21, 2023

Valeura Energy has completed an infill drilling campaign at its Nong Yao oil field offshore Gulf of Thailand, where it holds a 90% operated working interest.

The company has drilled four wells at the Nong Yao A wellhead processing platform, including three production-oriented development wells and one appraisal well. 

The development wells have encountered targets in line with pre-drill expectations and have been brought online as producers. 

The appraisal well was designed to delineate the extent of certain reservoir intervals in the field that are currently not producing. 

According to Valeura, results from the appraisal well have exceeded expectations, with the well confirming approximately 50’ of new net oil pay over several intervals. 

The company anticipates this will give rise to between two and four additional development targets, which will form the basis of a future infill drilling campaign.

Sean Guest, President and CEO of Valeura, said: “I am pleased to see continuing success at the Nong Yao field. This campaign focused on the area first developed at Nong Yao, and illustrates our team’s ability to add volumes through infill drilling and to extend the economic life of our legacy producing assets.     

“Commercialization of the Nong Yao C accumulation remains on track for infrastructure installation and development drilling starting in Q1 2024.”

The drilling rig has been mobilized to the Wassana field, where it is currently on location and being positioned to start drilling a program of three production-oriented development wells.

The rig will then return to Nong Yao in Q1 2024 to begin the Nong Yao C development, according to Valeura.

Categories: Drilling Industry News Activity Asia Drilling Rigs

Related Stories

Shelf Drilling Finalizes Baltic Rig Sale

New Partner Joins Timor-Leste Offshore Gas Development

Valeura Produces First Oil from Nong Yao Extension Off Thailand

ADNOC Signs LNG Supply Agreement with Osaka Gas for Ruwais LNG Project

Borr Drilling Scoops $332M in Three Jack-Up Rig Contracts

Jadestone Energy Secures Four Shallow Water Fields Offshore Malaysia

ExxonMobil to Transfer Operations of Two Malaysian PSC Assets to Petronas

South Korea's SK Innovation Agrees Merger with SK E&S as Part of Overhaul

FPSO Newbuild for Petrobras’ Búzios Field Taking Shape in China

First Gas Starts Flowing at SapuraOMV’s Jerun Platform Off Malaysia

Current News

Valeura Energy Consolidates Thai Oil and Gas Assets

TotalEnergies Inks 15-Year LNG Supply Deal with China’s Sinopec

Shelf Drilling Secures $200M Contract Extensions with Chevron for Thailand Ops

Floating Wind and the Taming of Subsea Spaghetti

Impending Shortage of Jackups within Ageing Asia Pacific Fleet

Equinor Tries Again for a Japan Offshore Wind Lease

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

CNOOC Starts Production at Another Oil Field in South China Sea

ABS Takes Charge of Digital Twin Project for Petrobras’ FPSOs

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com