Valeura Energy Completes Offshore Fill Drilling Campaign in Thailand: Innovative Advances in Oil Exploration.

Written by Paulo Nogueira

Published on 21/12/2023 at 07:24

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Valeura Energy Completes Drilling at Nong Yao Oil Field, Gulf of Thailand Coast, with Net Oil Production and Three-Well Program.

Valeura Energy recently completed a new phase of drilling at the Nong Yao oil field, located on the Gulf of Thailand coast, where the company has a drilling campaign

Nong Yao Field Assessment: Reservoir Interval Delineation

The appraisal well was planned to delineate the extent of certain reservoir intervals in the field that are currently not producing. The drilling campaign was a crucial step in exploring and drilling these intervals, and Valeura was interested in assessing the viability of production from these underdeveloped areas.

Success of the Drilling Campaign: Surprising Results

According to Valeura, the results of the appraisal well exceeded expectations, with the well confirming approximately 50′ of new net oil production across several intervals. The discovery of these additional volumes paves the way for new development targets, forming the foundation for a future infill drilling campaign. These surprising results demonstrate the profitable potential of exploring and drilling new reservoirs.

ARTICLE CONTINUES BELOW

Nong Yao Growth and Potential: Focus on Development and Drilling

Sean Guest, President and CEO of Valeura, expressed satisfaction with the ongoing success at the Nong Yao field. He emphasized the importance of exploration and infill drilling to add volumes and extend the lifespan of production assets. The company’s effort to develop new reservoir intervals and prepare additional development targets highlights its commitment to effective exploration and commercialization of the Nong Yao accumulation.

Drilling Rig: Expansion of Exploration Activity

The drilling rig has been mobilized to the Wassana field, where it is currently on site and being positioned to initiate a three-well development drilling program aimed at production. The rig is an essential part of the exploration and drilling operations, and its planned return to Nong Yao underscores the ongoing commitment to developing the area and seeking new reservoir discoveries.

Future Planning: Focus on Drilling and Development

Valeura is aligned with its development goals, with the drilling rig planned to return to Nong Yao in the first quarter of 2024 to commence development of Nong Yao C. The company aims to continue its successful trajectory in exploration and drilling, ensuring sustainable growth and maximizing the production potential of the region.

Drilling Industry News Activity Asia Drilling Rigs

Valeura Energy Completes Offshore Fill Drilling Campaign in Thailand: Innovative Advances in Oil Exploration.

Valeura Energy Completes Drilling at Nong Yao Oil Field, Gulf of Thailand Coast, with Net Oil Production and Three-Well Program.

Nong Yao Field Assessment: Reservoir Interval Delineation

Success of the Drilling Campaign: Surprising Results

Nong Yao Growth and Potential: Focus on Development and Drilling

Drilling Rig: Expansion of Exploration Activity

Future Planning: Focus on Drilling and Development

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Valeura Energy Completes Offshore Fill Drilling Campaign in Thailand: Innovative Advances in Oil Exploration.

Valeura Energy Completes Drilling at Nong Yao Oil Field, Gulf of Thailand Coast, with Net Oil Production and Three-Well Program.

Nong Yao Field Assessment: Reservoir Interval Delineation

Success of the Drilling Campaign: Surprising Results

Nong Yao Growth and Potential: Focus on Development and Drilling

Drilling Rig: Expansion of Exploration Activity

Future Planning: Focus on Drilling and Development

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