Valeura holds a 100% operated interest in Licence B5/27 containing the producing Jasmine and Ban Yen oil fields. The fields produce light sweet crude oil from several stacked channel sand reservoirs of Miocene age. Together, the Jasmine and Ban Yen fields contain 10.4 million bbls of 2P oil reserves on a gross (before royalties) basis.*
The fields have been developed by wells connected to a network of infrastructure including various pipelines and six topside facilities which perform crude oil separation and water treatment/disposal. Production is processed and stored on a leased Floating Production Storage and Offloading vessel.
