Valeura Energy, a Canadian company, has completed the infill drilling campaign at the Jasmine field in licence B5/27, located offshore in the Gulf of Thailand.
The campaign involved drilling five wells, including two on the Jasmine A platform, finished in September 2024, and three on Jasmine D, which are now in production.
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The JSD-42 well targeted the 250-sand reservoir and is positioned at the structure’s crest.
This well, which has commenced oil production, also evaluated secondary targets, resulting in five additional zones for future production and discovering more oil-bearing intervals for potential development.
The JSD-41H and JSD-43H wells were drilled as horizontal infills within the 680-1 sand reservoir to enhance oil recovery.
These wells were geo-steered over horizontal intervals exceeding 2,000ft (measured depth) and achieved 100% net sand encounters.
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By GlobalDataWith all five wells now producing, the Jasmine field’s oil production averaged 9,801 barrels per day (bpd) before royalties from 19–25 November 2024.
This marks a 26% increase from the previous rates of 7,764bpd recorded from 6–12 September 2024, highlighting the impact of the new wells.
Following the Jasmine D drilling programme, Valeura Energy’s contracted rig has moved to the Manora field on licence G1/48, where the company holds a 70% working interest.
The rig has commenced a five-well infill drilling programme, including three production-focused wells and two appraisals.
Valeura Energy president and CEO Sean Guest said: “I am very pleased with our drilling performance at Jasmine, which has resulted in aggregate oil production rates of nearly 10,000bpd (before royalties) over the last seven days.
“Maintaining oil production at this asset is key to generating ongoing cash flow from our portfolio. In addition, the fact that we continue to see appraisal successes at this relatively mature field bodes well for our objective to further extend the economic life of the asset.
“We expect the results of these wells, and the recent production rates to be considered as part of our year-end reserves assessment, and to support our target of achieving more than a 100% reserves replacement ratio.”
In August, Valeura Energy announced that it achieved full production capacity at the Nong Yao C development in the Gulf of Thailand.
