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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).
Valeura took FID with PTTEP to launch Phase 1 development of the Bussabong gas field in Thailand’s offshore Block G3/65. Net capex for facilities, installation, pipelines seen at about USD 35 million in 2027-2028; drilling 25 wells adds USD 20-25 million. First gas targeted for end-2028; sales gas output guided at 30 m