CALGARY, Canada—Valeura Energy has received notice of the recertification of its Ingenium mobile production unit, allowing use of the platform to produce and process crude from the Wassana Field in license G10/48 in the Gulf of Thailand.
The MT Jaka Tarub crude storage vessel is undergoing modifications in dry dock that should be completed in early February, allowing the vessel to mobilize to the Wassana location.
Once in place, Valeura plans to resume production operations, targeting initial rates of up to 3,000 bbl/d and subsequently 4,500 bbl/d, following a five-well infill drilling campaign due to start in the second quarter.
In addition, all main workstreams continue related to the company’s recent agreement to acquire the Thai upstream oil producing portfolio of Mubadala Energy.
This includes various oil fields producing about 21,200 bbl/d net to the interest being acquired. The acquisition should complete during the current quarter.
Finally, planning has started for the greenfield offshore Rossukon oil field development in license G6/48.
01.24.2023
