Valeura Energy and partner PTTEP reached FID for the Bussabong gas development in Block G3/65 offshore Thailand. The project is Valeura’s first organic gas development in the Gulf of Thailand and reached FID less than 14 months after the companies established their partnership. The field’s reservoirs, divided into multiple fault-block compartments, have geological similarities to […]
Valeura Energy has received Thai government approval for its farm-in to two PTTEP blocks in the Gulf of Thailand, giving the company a 40% working interest in the offshore acreage. Thailand’s Cabinet approved the transfer of interests in Blocks G1/65 and G3/65 from PTTEP Energy Development Co., a subsidiary of PTT Exploration and Production (PTTEP), […]
Valeura Energy has completed an eight-well drilling campaign at its Nong Yao field in the Gulf of Thailand, increasing production while successfully drilling the company’s first multi-lateral development well. The program, conducted on the Nong Yao field in Block G11/48, included one appraisal well and seven horizontal development wells drilled from the Nong Yao A and Nong […]
Valeura Energy has secured a long-term offshore drilling rig to support continued development and exploration across its Gulf of Thailand portfolio.
Valeura Energy Inc has completed a 10-well infill drilling campaign at the Nong Yao oilfield in the Gulf of Thailand, increasing the company’s net production before royalties to 24,800 barrels per day (bpd) in the last seven days of the third quarter.
Valeura Energy Inc. has entered into a farm-in agreement with PTT Exploration and Production Plc (PTTEP) to earn a 40% interest in Blocks G1/65 and G3/65, in the offshore Gulf of Thailand.