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 > 20% Exploration Success of Nong Yao by New Technology

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Comment by firstworldon Dec 11, 2022 12:06pm

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Post# 35164691

RE:RE:RE:RE:20% Exploration Success of Nong Yao by New Technology

Not material in any sense when so much water avail haha unlike W. Canada where stupid rednecks drain the rivers and lakes of fresh water to produce oil that sells for $43 bbl WTI while fresh water sells for $400 bbl LOL all because they can't figure out how to bottle it without huge state subsidies haha.

Hannamuk wrote:
They are utilizing a capacity of 42,000 bbls/d water injection. So a lot of injection here

SMlachake wrote: These being a sandstone reserviors, permeability is likely to allow them to turn some of depleted old wells into injectors, infill around them and have a simple EOR system going if interested. Sounded like their current injectors are disposal wells....