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SINGAPORE (WO) — Valeura Power Inc. reported larger manufacturing and continued progress throughout its Thailand portfolio within the third quarter, pushed by a ten-well drilling marketing campaign on the Nong Yao subject on block G11/48 within the Gulf of Thailand.
The marketing campaign lifted Valeura’s working curiosity oil manufacturing to 24,800 bpd by quarter-end, up from a mean of 23,000 bpd in Q3, the corporate mentioned. All new wells have been drilled safely, on time, and inside finances.
“Our robust operational efficiency continued in Q3 2025, together with an intensive drilling marketing campaign at our Nong Yao subject,” mentioned Dr. Sean Visitor, Valeura President and CEO. “Each by accessing new reservoirs and guaranteeing the optimum sweep of current manufacturing intervals, we proceed so as to add reserves and lengthen the financial lives of our fields.”
Valeura mentioned the Nong Yao marketing campaign accessed new reservoirs farther from manufacturing amenities than beforehand attainable, whereas sustaining excessive security requirements. The corporate’s rig has since mobilized to the Jasmine subject, the place as much as 9 extra growth wells are deliberate.
The corporate additionally superior building on the Wassana subject redevelopment challenge, concentrating on first oil in Q2 2027, and expanded its Gulf of Thailand footprint by a strategic farm-in with PTT Exploration and Manufacturing (PTTEP). Current wells drilled on the G1/65 and G3/65 blocks have found fuel, which can result in future subject growth.
Valeura ended the quarter with $248 million in money and no debt. Full monetary and operational outcomes for Q3 2025 will likely be launched on November 14, 2025.
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