Valeura holds an operated 70% working interest in Licence G1/48 containing the Manora oil field, which produces approximately 2,400 bbls/d (working interest share) of medium-weight sweet crude oil from reservoirs of Miocene age. The field contains 2.2 million bbls of 2P oil reserves on a gross (before royalties) working interest share basis.*
The field was developed by wells drilled from a single fixed wellhead and processing platform tied to a leased Floating Storage and Offloading vessel.
The remaining 30% interest in the licence is held by Tap Oil.