Offshore staff
CALGARY, Canada — Valeura Energy is chartering Petrovietnam Drilling and Well Service Corp.’s PV Drilling I jackup for operations in the Gulf of Thailand.
The rig should mobilize to the Wassana oil field in the middle of second-quarter 2023 to start an initial five-well infill drilling program, with an option to extend the workscope to include further drilling operations later in the year.
Valeura acquired an 89% operated interest in June in the surrounding license G10/48, with the remainibg 11% held by Palang Sophon. Wassana is in a water depth of about 48 m in the Pattani Basin.
The previous operator suspended activities at the field in May 2020. Valeura plans to resume production in the current quarter at an initial net rate of 3,000 bbl/d.
Originally, the field’s oil was produced through wells drilled from a mobile offshore production unit (MOPU), which Valeura is in the process of acquiring and recertifying.
Crude processed at the MOPU will be stored in a leased floating storage and offloading vessel.
The company aims to increase reserves recovery through the infill drilling and also develop further reserves from additional discoveries on the block.
10.04.2022
