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Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company is also pursuing organic and inorganic growth in Southeast Asia.


TSX:VLE - Post by User

Bullboard Posts
Post by Viking2017jorsaon Aug 12, 2019 7:29am
174 Views
Post# 30017064

Condensate ratio in Ina equal to Bati Gurgen shallow

Condensate ratio in Ina equal to Bati Gurgen shallow
Bati Gurgen-1 Well
 
The Bati Gurgen-1 exploration well (Valeura 100% working interest) was drilled to a measured depth of 2,735 metres into the top of the Teslimkoy member of the Mezardere formation and was cased to a measured depth of 2,729 metres. Log analysis indicated 32 metres of aggregate net gas pay at an average porosity of 19.6% in multiple stacked sands in the Danismen and Osmancik formations. The well also penetrated several over-pressured, thinner and tighter stacked sands in the Mezardere formation.
The main completion program consisted of perforating approximately 13 metres of conventional stacked sands in the Osmancik formation below 1,480 metres and carrying out a 24-hour production test. Over this period, 3,448 Mcf of natural gas, 15 barrels of condensate and minimal water were produced at a stable restricted rate of approximately 3.4 MMcf/d through a 36/64ths inch choke and a final flowing wellhead pressure of 1,307 pounds per square inch
 
Bullboard Posts