Valeura Energy Inc. has produced first oil from its Nong Yao C development in license G11/48 (90% operated working interest), Gulf of Thailand.
The first three of the seven Nong Yao C development wells were opened for oil production today, with additional wells to be brought online thereafter, the company said in a release Aug. 15.
Ramp up of production volumes will continue in line with Valeura’s plan to achieve peak production rates of about 11,000 b/d within the coming weeks, versus recent rates in first-half August of 7,200 b/d (Valeura working interest share, before royalties).
Valeura intends to sustain Nong Yao production rates at about 11,000 b/d for the remainder of this year (OGJ Online, May 24, 2024).
