• Since production re-start at Wassana on 28 April, 11 of the 13 wells have been brought back into production. Production is gradually ramping up and is already averaging ~2,600 bbl/d. We are increasing our average production forecast for Wassana in 2Q23 from 700 bbl/d to 1,700 bbl/d. Drilling of additional wells at Wassana is expected to start in August with a YE23 exit rate of >5 mbbl/d.
• Production from the Mubadala assets averaged 20,475 bbl/d in 1Q23 and total production (including Wassan ....
12 May 2023
Valeura Energy (TSE VLE): Delivering on plan. Already 2.6 mbbl/d production at Wassana
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Valeura Energy (TSE VLE): Delivering on plan. Already 2.6 mbbl/d production at Wassana
• Since production re-start at Wassana on 28 April, 11 of the 13 wells have been brought back into production. Production is gradually ramping up and is already averaging ~2,600 bbl/d. We are increasing our average production forecast for Wassana in 2Q23 from 700 bbl/d to 1,700 bbl/d. Drilling of additional wells at Wassana is expected to start in August with a YE23 exit rate of >5 mbbl/d.
• Production from the Mubadala assets averaged 20,475 bbl/d in 1Q23 and total production (including Wassan ....