Valeura Energy completes Jasmine infill campaign

Valeura Energy Inc. completed the infill drilling campaign at the Jasmine field in License B5/27 offshore Gulf of Thailand.

Valeura drilled a five-well program comprising two infill development wells on the Jasmine A platform, completed in September 2024 and three recent infill development wells on the Jasmine D platform. All were successful and have been brought online as producers while also successfully appraising several additional reservoir intervals.

The primary objective of the JSD-42 well was the 250 sand reservoir, and it is believed to be optimally positioned at the crest of the structure. The well was completed as a producer within this zone and has begun producing oil in line with management’s expectations. In addition, the JSD-42 well evaluated several secondary appraisal targets, which resulted in five further zones being completed as future producing reservoirs, and also encountered several additional oil-bearing intervals which may be the subject of further infill development drilling in due course.

JSD-41H and JSD-43H wells were both drilled as horizontal development infills within the 680-1 sand reservoir, with the objective of more efficiently sweeping oil from this already-producing interval. Both wells were geosteered across horizontal intervals measuring more than 2,000 ft MD and encountered 100% net sand.

With all five wells completed as producers and online, aggregate oil production from the field has averaged 9,801 b/d (before royalties) from Nov. 19-25, 2024, an increase of 26% from rates just before the new wells came online (7,764 b/d from Sept. 6-12, 2024).

Following the Jasmine D infill drilling program, Valeura’s contracted drilling rig has been moved to the Manora field on License G1/48 (70% working interest), where it has started operations on a five-well infill drilling program, comprised of three production-oriented wells and two appraisals.

Valeura Energy has 100% operated working interest in License B5/27.