{"id":181373,"date":"2024-08-20T15:25:53","date_gmt":"2024-08-20T19:25:53","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/valeura-energy-and-production-in-nong-yao-c\/"},"modified":"2024-08-20T15:29:37","modified_gmt":"2024-08-20T19:29:37","slug":"valeura-energy-and-production-in-nong-yao-c","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/valeura-energy-and-production-in-nong-yao-c\/","title":{"rendered":"Valeura Energy starts oil production at Nong Yao C in the Gulf of Thailand"},"content":{"rendered":"\n

Canada’s Valeura Energy<\/strong>, an experienced oil and gas exploration and production company, has recorded a major milestone with the first oil production at its Nong Yao C development<\/strong>, located offshore the Gulf of Thailand .<\/strong><\/p>\n\n

First oil production at Nong Yao C<\/h2>\n\n

This project, in which the company has a 90% operating interest, marks the beginning of a new growth phase for Valeura. Valeura<\/a> <\/strong>in the Thai region.\nThe company estimates a favorable performance in the extraction and production of crude oil<\/strong>. <\/p>\n\n

On August 15, 2024, the first three of the seven wells planned for oil extraction<\/strong> were opened, reaching an initial production rate of 7,200 barrels per day(bbls\/d<\/em>).\nThe Canadian company plans to gradually increase production to 11,000 bbls\/d in the coming weeks. <\/p>\n\n

Dr. Sean Guest, Valeura’s President and CEO, expressed his satisfaction with the start of production, highlighting that the drilling program has been executed efficiently<\/strong> and under budget.\nHe further noted that all established geological targets have been achieved, reinforcing the company’s ability to maintain sustained production from the Nong Yao C field <\/strong>throughout 2024. <\/p>\n

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