Valeura Set to Restart Wassana Production Offshore Thailand

Friday, August 2, 2024

Canada-based oil and gas company Valeura Energy has begun the process of restarting the production operations at the Wassana field in the Gulf of Thailand, following inspection of mobile offshore production unit (MOPU).

Valeura implemented a precautionary suspension of oil production on June 28, 2024 to ensure a safe situation while inspecting an anomaly identified on one of the steel jack-up legs of the field’s Ingenium MOPU.



Through advanced underwater inspection, including magnetic particle inspection, the company has concluded that the observed anomaly - a crack within a weld - is superficial, and accordingly does not constitute a risk to the structural integrity of the facility.

Therefore, Valeura has initiated the process of restarting production operations, and anticipates achieving pre-suspension oil production rates of approximately 5,000 bbls/d (before royalties) within the week.

Valeura will continue to operate within its strict safety standards and will continue utilizing regular underwater inspections of its facilities and vessels to assure ongoing asset integrity requirements are met.

“I am pleased to be able to chart a clear way forward for the Wassana field which entails resuming production as soon as possible. Our team of professionals have worked rapidly to confirm the integrity of our MOPU, providing the critical assurance we need to continue operating safely.

“At the same time, we are pursuing growth aggressively across our portfolio, including the larger-scale redevelopment of the Wassana asset.  Front-end engineering and design work is progressing, and we are targeting readiness for a final investment decision on the project at approximately end 2024,” said Sean Guest, President and CEO.

Categories: Industry News Activity Production Asia Oil and Gas

Related Stories

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Petrovietnam, Petronas Extend PSC for Offshore Block

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

Kazakhstan Looks to Improve Oil Production Agreements Terms

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

CNOOC’s South China Sea Oil Field Goes On Stream

ADES’ Fourth Suspended Jack-Up Rig Gets Work Offshore Thailand

China’s CNOOC Brings Bohai Sea Oil Field On Stream

Current News

Mitigate SCC & HE to Keep Offshore Metal Structures Ship Shape

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Petrovietnam, Petronas Extend PSC for Offshore Block

Sapura Energy Scoops Close to $9M for O&M Work off Malaysia

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

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