UK: Valiant's Full Year Production at 7.500 BOPD

UK: Valiant's Full Year Production at 7.500 BOPD

Valiant Petroleum plc announces that its full year production for 2011 is projected at around 7,500 barrels of oil per day (“bopd”), in line with guidance maintained throughout the year.

The Dons Area work programme for 2012 is currently being finalised with the operator and includes a new production well in Don Southwest, a new water injection well in West Don and a side track of an existing West Don production well which is currently shut in. The programme is anticipated to commence at the beginning of Q2 at a total cost of around $45 million net to Valiant.

Project execution for the Causeway development is progressing well with all of the long lead items now ordered and main contracts in place. First oil is anticipated in the second half of 2012.

Production guidance for 2012 is in the range of 7,000 to 8,500 bopd and is principally dependent on agreement of the final Dons Area work programme and timing of Causeway first oil.

Valiant intends to provide a full operational update to the market early in the new year.

Offshore Energy Today Staff, December 14, 2011

Share this article

Follow Offshore Energy Today

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

read more >

OWI LATAM 2019

Over the two-day conference, 25+ expert speakers will share exclusive insight on how to develop an integrity, production and P&A strategy…

read more >

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply