In today’s briefing:
- Valeura Energy: Production Guidance Re-Iterated but Lower Capex and Additional Resources
Valeura Energy: Production Guidance Re-Iterated but Lower Capex and Additional Resources
- Net production at Nong Yao has reached a stable level of ~12.1 mbbl/d. This compares with 6.3 mbbl/d in 2Q24.
- This production, when combined with the Wassana field being back online, has resulted in stable aggregate WI oil production over the past week of 26.2 mbbl/d.
- We are assuming only 20.4 mbbl/d for 3Q24, which might be too conservative.
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