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Valeura completes 8-well Nong Yao drilling, sets Gulf of Thailand record with first multi-lateral well.

Company Fundamentals
19 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Valeura Energy has finished an eight-well drilling campaign at its Nong Yao field in the Gulf of Thailand, including its first multi-lateral well, which set a record for the longest horizontal lateral drilled in the region at 4,960 feet. This campaign increased production from about 8,870 barrels per day to approximately 10,500 barrels per day. The multi-lateral well allows access to multiple reservoirs from a single well slot, improving efficiency and production potential. Valeura plans further drilling at its Jasmine field and is exploring more multi-lateral opportunities across its portfolio to enhance output and operational efficiency.

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