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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 also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.


TSX:VLE - Post by User

Bullboard Posts
Comment by bigreturn11on Nov 18, 2019 9:34am
71 Views
Post# 30363836

RE:RE:RE:RE:RE:RE:RE:RE:RE:How do the logistics of the 3 stage frack work?

RE:RE:RE:RE:RE:RE:RE:RE:RE:How do the logistics of the 3 stage frack work?
Viking2017jorsa wrote:

 

jake1444 wrote: What do they use for artificial lift?

 

 

jake - they are recycling produced gas for lifting

On flow rates the CEO stated this spring that 3.5-4.0 mmcf /d is break even rate.

If interested in commingled flow, decline and need for artificial lift you will find a lot in company NR s September to November 2018

 

[/quote

viking - 4 mmcf is equivalent to $14M per year in gas sales. I think that you’ve misinterpreted something here. 

Bullboard Posts