Exploration & Production | Drilling / Well Results | Top Story
Valeura Brings Turkish Shale Wells On-Line; Ups Production
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Valeura Energy Inc. has reported an operational update for the third quarter of 2013.
Production Up 16% in Q3 2013Corporate petroleum and natural gas sales in the third quarter of 2013 averaged approximately 1,000 barrels of oil equivalent per day (boe/d) (net), up 16% from the second quarter of 2013 reflecting the contribution of new fracs completed in tight gas reservoirs in the Thrace Basin of Turkey .
Turkish net production in the third quarter of 2013 averaged approximately 960 boe/d, including 5.7 million cubic feet per day (MMcf/d) of natural gas at an average wellhead price of $10.20 per thousand cubic feet (Mcf) and 12 barrels of oil per day (bopd). Canadian production was approximately 40 boe/d.
Thrace Basin Operational DevelopmentsThe Corporation drilled and completed the…
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