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Valeura Energy takes FID on Bussabong Gas Phase 1

Valeura Energy approved FID for Phase 1 of the Bussabong gas field in Thailand (40% WI), targeting first gas around end-2028. Capex is ~$35M for facilities plus $20–25M for drilling, with planned output of ~30 mmcf/d in 2029 and ~40 mmcf/d in 2030 (gross).

VLE

Valeura Energy approved final investment decision for Phase 1 of the Bussabong gas field in Thailand, where it holds a 40% WI. First gas is targeted for around end-2028. Planned output is about 30 mmcf/d in 2029 and about 40 mmcf/d in 2030, gross. Valeura said capex is about $35M for facilities plus $20—25M for drilling, net to Valeura.