Valeura Energy Inc T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

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.

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Valeura Energy Inc > Nice work if you can get it

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Comment by Hannamukon Oct 12, 2021 6:43am

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Post# 33996316

RE:Nice work if you can get it

One year old this one, found anything more recent?

nozzpack wrote:

Sweetspot Determination to Appraise a multi-TCF Gas Resource, Thrace Basin Turkey

Speaker: Rob Sadownyk, Valeura Energy Inc. November 16, 2020 | 10:00 am-11:00 am MDT

1 CPD (Continuing Professional Development) credit will be awarded for this event

ABSTRACT

Recent drilling by Valeura Energy Inc has focused on proving up a deep, multi-TCF tight gas resource in the Thrace Basin, Turkey.
Testing and analysis of these wells has demonstrated pervasive, over-pressured gas and sustained post fracture stimulation gas flow within a 1600km2 play fairway.

The next phase of appraisal is sweetspot identification which will delineate areas that yield optimal productivity to underpin commercial development. Sweetspot mapping integrates over-pressure, reservoir quality, natural fracture intensity and dry gas maturity.

As determined by core analysis and petrophysics, the highest porosity occurs within the top 300m of a 2500m thick, high net to gross coalesced turbidite lobe succession. Seismic attribute mapping has highlighted areas of intense natural fracturing with orientations that are potentially critically stressed. In addition, thin-section Epi fluorescence reveals intragranular and grain-edge microfractures that have been correlated to improved reservoir performance in analogous basins.

Flow tests from multiple zones in the recently drilled wells has shown that the highest gas rates and EUR’s are within the dry gas window (below ~4000m) where minimal multiphase flow effects occur. Valeura’s next well, Hanoglu-1, will test a 221km2 area that encompasses these overlapping sweetspot attributes.