VALEMON
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General information
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Picture
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Discoveries included
Discoveries included Discovery name -
Activity status – history
Activity status – history StatusStatus fromStatus toProducing03.01.2015Approved for production09.06.201102.01.2015 -
Located in
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Owner – current
Owner – current Owner kindOwner nameBUSINESS ARRANGEMENT AREA -
Operatorship – current
Operatorship – current Company name -
Licensees – current
Licensees – current Company nameNation codeCompany share [%]NO66.775000NO30.000000NO3.225000 -
Description
Description TypeTextDate updatedDevelopmentValemon is a field in the northern part of the North Sea, just west of the Kvitebjørn field. The water depth is 135 metres. Valemon was discovered in 1985, and the plan for development and operation (PDO) was approved in 2011. The field is developed with a fixed production platform with a simplified separation process design. The platform is remotely controlled from an operations centre onshore. Production started in 2015.28.02.2023ReservoirValemon produces gas and condensate from Lower Jurassic sandstone in the Cook Formation and Middle Jurassic sandstone in the Brent Group. The deposit has a complex structure with many fault blocks. The reservoirs lie at a depth of 3,900-4,200 metres and have high temperature and high pressure (HTHP).28.02.2023Recovery strategyThe field is produced by pressure depletion.28.02.2023TransportThe condensate is transported by pipeline to the Kvitebjørn field, and via the Kvitebjørn Oil Pipeline to Mongstad. The rich gas is exported via the previous Huldra pipeline to Heimdal for further export to the UK or continental Europe.28.02.2023StatusDue to production experience and rapid pressure decline in the reservoirs, the estimated recoverable volumes have been significantly reduced since the PDO. A drilling campaign including four new production wells started in 2021, but the three first wells are delivering below expectation. Permanent rerouting of the Valemon gas export to Kollsnes terminal via Kvitebjørn is planned when the Heimdal facility closes in 2023.28.02.2023 -
Investments (expected)
Investments (expected) The operators future investments related to the reservers from 2022 [mill NOK 2022-kroner]. The stated investment estimate has not been corrected for possible investment sharing.3094 -
Investments (historical)
Investments (historical) Investments
[mill NOK nominal values]Sum2387020214572020772019134201827120171890201616922015237320145858201357322012390220111399201085 -
Production , saleable
Production , saleable MonthNet - oil
[mill Sm3]Net - gas
[bill Sm3]Net - condensate
[mill Sm3]Net - NGL
[mill Sm3]Net - oil equivalents
[mill Sm3]Sum1.85318113.2949060.0000000.06950415.2175910.0376450.2506930.0000000.0007690.2891070.0939500.5039540.0000000.0009300.5988340.0825540.6436750.0000000.0024580.7286870.1175681.0231600.0000000.0049131.1456410.1848101.5455180.0000000.0033481.7336760.3006382.3667670.0000000.0055542.6729590.3194832.5991810.0000000.0107472.9294110.4505592.8455130.0000000.0123613.3084330.2659741.5164450.0000000.0284241.8108430.0000000.0000000.0000000.0000000.000000 -
Production , sum wellbores
Production , sum wellbores MonthGross - oil
[mill Sm3]Gross - gas
[bill Sm3]Gross - condensate
[mill Sm3]Gross - oil equivalents
[mill Sm3]Sum0.00000013.7200041.40635915.1263630.0000000.2715650.0328540.3044190.0000000.5389090.0862460.6251550.0000000.6693520.0679120.7372640.0000001.0602970.0992121.1595090.0000001.5511460.1485411.6996870.0000002.4454180.2166172.6620350.0000002.6624760.2167832.8792590.0000002.9229130.3338283.2567410.0000001.5979280.2043661.8022940.0000000.0000000.0000000.000000 -
Production – charts
Production – charts Production – charts Production – charts Production – charts Production – charts Production – charts Any produced water is only included after 1.1.2000 -
Wellbores – exploration
Wellbores – exploration Wellbore nameEntered dateCompleted datePurposeStatusContent06.05.198513.10.1985WILDCATP&AGAS05.02.199201.07.1992APPRAISALP&AGAS/CONDENSATE15.07.199919.09.1999APPRAISALP&ASHOWS09.12.199814.04.1999APPRAISALP&AGAS/CONDENSATE03.02.200603.07.2006APPRAISALPLUGGEDGAS/CONDENSATE01.11.201626.01.2017WILDCATRE-CLASS TO DEVGAS -
Wellbores – development
Wellbores – development Wellbore nameEntered dateCompleted datePurposeContent13.02.201703.04.2017PRODUCTIONNOT APPLICABLE25.07.202211.10.2022PRODUCTIONGAS/CONDENSATE20.02.201426.05.2014PRODUCTIONGAS/CONDENSATE29.04.201522.06.2015PRODUCTIONGAS09.06.201411.04.2015PRODUCTIONGAS/CONDENSATE02.01.202330.04.2023PRODUCTIONGAS/CONDENSATE23.01.201407.02.2014INJECTIONWATER08.07.201520.09.2015PRODUCTIONGAS16.07.201718.08.2017PRODUCTIONGAS14.04.201609.08.2016PRODUCTIONGAS/CONDENSATE05.04.202207.06.2022PRODUCTIONGAS/CONDENSATE01.11.201626.01.2017PRODUCTIONGAS16.12.201215.09.2013PRODUCTIONGAS07.12.201215.06.2013PRODUCTIONGAS17.12.202104.02.2022PRODUCTIONDRY28.09.201311.12.2013PRODUCTIONGAS06.04.201731.05.2017PRODUCTIONGAS/CONDENSATE01.09.201721.10.2017PRODUCTIONGAS/CONDENSATE30.09.201519.12.2015PRODUCTIONGAS18.01.201619.03.2016PRODUCTIONGAS/CONDENSATE15.10.201226.10.2012OBSERVATIONNOT APPLICABLE29.10.201225.11.2012INJECTIONCUTTINGS19.04.201613.10.2016PRODUCTIONGAS -
Wellbores – other
Wellbores – other Wellbore nameEntered dateCompleted datePurposeStatus