Factpages Norwegian petroleum directorate
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VALEMON

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  • General information

    General information
    Attribute Value
    Field name
    Official field name
    VALEMON
    Factmaps in new window
    Current activity status
    Current activity status of the field. Example of legal values: SHUT DOWN, PRODUCING, PDO APPROVED
    Producing
    Discovery wellbore
    Name of the wellbore which proved the field.
    Discovery year.
    The year the field was discovered
    1985
    Main area
    Main NCS area. Example of legal values: NORTH SEA, NORWEGIAN SEA, BARENTS SEA
    North sea
    Main supply base
    Main supply base
    Mongstad
    NPDID field
    NPD's unique id for fields
    20460969
  • Picture

    Picture
    VALEMON Field
  • Discoveries included

    Discoveries included
    Discovery name
  • Activity status – history

    Activity status – history
    Status
    Status from
    Status to
    Producing
    03.01.2015
    Approved for production
    09.06.2011
    02.01.2015
  • Located in

    Located in
    Block name
    Prod. licence
    34/10
    34/10
    34/11
    34/11
    30/1
  • Owner – current

    Owner – current
    Owner kind
    Owner name
    BUSINESS ARRANGEMENT AREA
  • Operatorship – current

    Operatorship – current
    Company name
  • Licensees – current

    Licensees – current
    Company name
    Nation code
    Company share [%]
    NO
    66.775000
    NO
    30.000000
    NO
    3.225000
  • The NPD estimate for reserves (Norwegian share)

    The NPD estimate for reserves (Norwegian share)
    Valid date:
    31.12.2021
    The NPD estimate for reserves (Norwegian share)
    Orig. recoverable oil
    [mill Sm3]
    Orig. recoverable gas
    [bill Sm3]
    Orig. recoverable NGL
    [mill tonn]
    Orig. recoverable cond.
    [mill Sm3]
    Orig. recoverable oil eq.
    [mill Sm3 o.e]
    2.63
    18.51
    0.14
    0.00
    21.41
    The NPD estimate for reserves (Norwegian share)
    Orig. inplace oil
    [mill Sm3]
    Orig. inplace ass. liquid
    [mill Sm3]
    Orig. inplace ass. gas
    [bill Sm3]
    Orig. inplace free gas
    [bill Sm3]
    0.00
    12.92
    0.00
    61.20
    The NPD estimate for reserves (Norwegian share)
    Remaining oil
    [mill Sm3]
    Remaining gas
    [bill Sm3]
    Remaining NGL
    [mill tonn]
    Remaining cond.
    [mill Sm3]
    Remaining oil eq.
    [mill Sm3 o.e]
    0.96
    5.99
    0.03
    0.00
    7.01
  • Description

    Description
    Type
    Text
    Date updated
    Development
    Valemon 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.
    18.02.2020
    Reservoir
    Valemon 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).
    18.02.2020
    Recovery
    The field is produced by pressure depletion.
    16.03.2018
    Transport
    The 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.
    18.02.2020
    Status
    Due 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 wells started in 2021 and continues into 2022. Permanent rerouting of the Valemon gas export from Heimdal to Kollsnes via Kvitebjørn is planned when Heimdal facility closes in 2023.
    22.12.2021
  • Investments (expected)

    Investments (expected)
    Future investments from 2021 [mill NOK 2021-kroner] : 2879
  • Investments (historical)

    Investments (historical)
    Investments
    [mill NOK nominal values]
    Sum
    23413
    2020
    77
    2019
    134
    2018
    271
    2017
    1890
    2016
    1692
    2015
    2373
    2014
    5858
    2013
    5732
    2012
    3902
    2011
    1399
    2010
    85
  • Production , saleable

    Production , saleable
    Month
    Net - oil
    [mill Sm3]
    Net - gas
    [bill Sm3]
    Net - condensate
    [mill Sm3]
    Net - NGL
    [mill Sm3]
    Net - oil equivalents
    [mill Sm3]
    Sum
    1.759176
    12.808191
    0.000000
    0.068452
    14.635819
    2022
    0.037590
    0.268439
    0.000000
    0.000748
    0.306777
    2021
    0.082554
    0.643236
    0.000000
    0.002437
    0.728227
    2020
    0.117568
    1.023092
    0.000000
    0.004833
    1.145493
    2019
    0.184810
    1.545518
    0.000000
    0.003348
    1.733676
    2018
    0.300638
    2.366767
    0.000000
    0.005554
    2.672959
    2017
    0.319483
    2.599181
    0.000000
    0.010747
    2.929411
    2016
    0.450559
    2.845513
    0.000000
    0.012361
    3.308433
    2015
    0.265974
    1.516445
    0.000000
    0.028424
    1.810843
    2014
    0.000000
    0.000000
    0.000000
    0.000000
    0.000000
  • Production , sum wellbores

    Production , sum wellbores
    Month
    Gross - oil
    [mill Sm3]
    Gross - gas
    [bill Sm3]
    Gross - condensate
    [mill Sm3]
    Gross - oil equivalents
    [mill Sm3]
    Sum
    0.000000
    13.197120
    1.321929
    14.519049
    2022
    0.000000
    0.287442
    0.035018
    0.322460
    2021
    0.000000
    0.669548
    0.067467
    0.737015
    2020
    0.000000
    1.060249
    0.099309
    1.159558
    2019
    0.000000
    1.551146
    0.148541
    1.699687
    2018
    0.000000
    2.445418
    0.216617
    2.662035
    2017
    0.000000
    2.662476
    0.216783
    2.879259
    2016
    0.000000
    2.922913
    0.333828
    3.256741
    2015
    0.000000
    1.597928
    0.204366
    1.802294
    2014
    0.000000
    0.000000
    0.000000
    0.000000
  • 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 name
    Entered date
    Completed date
    Purpose
    Status
    Content
    06.05.1985
    13.10.1985
    WILDCAT
    P&A
    GAS
    05.02.1992
    01.07.1992
    APPRAISAL
    P&A
    GAS/CONDENSATE
    15.07.1999
    19.09.1999
    APPRAISAL
    P&A
    SHOWS
    09.12.1998
    14.04.1999
    APPRAISAL
    P&A
    GAS/CONDENSATE
    03.02.2006
    03.07.2006
    APPRAISAL
    PLUGGED
    GAS/CONDENSATE
    01.11.2016
    26.01.2017
    WILDCAT
    RE-CLASS TO DEV
    GAS
  • Wellbores – development

    Wellbores – development
    Wellbore name
    Entered date
    Completed date
    Purpose
    Content
    13.02.2017
    03.04.2017
    PRODUCTION
    NOT APPLICABLE
    25.07.2022
    PRODUCTION
    20.02.2014
    26.05.2014
    PRODUCTION
    GAS/CONDENSATE
    29.04.2015
    22.06.2015
    PRODUCTION
    GAS
    09.06.2014
    11.04.2015
    PRODUCTION
    GAS/CONDENSATE
    PRODUCTION
    23.01.2014
    07.02.2014
    INJECTION
    WATER
    08.07.2015
    20.09.2015
    PRODUCTION
    GAS
    16.07.2017
    18.08.2017
    PRODUCTION
    GAS
    14.04.2016
    09.08.2016
    PRODUCTION
    GAS/CONDENSATE
    05.04.2022
    07.06.2022
    PRODUCTION
    GAS/CONDENSATE
    01.11.2016
    26.01.2017
    PRODUCTION
    GAS
    16.12.2012
    15.09.2013
    PRODUCTION
    GAS
    07.12.2012
    15.06.2013
    PRODUCTION
    GAS
    17.12.2021
    04.02.2022
    PRODUCTION
    DRY
    28.09.2013
    11.12.2013
    PRODUCTION
    GAS
    06.04.2017
    31.05.2017
    PRODUCTION
    GAS/CONDENSATE
    01.09.2017
    21.10.2017
    PRODUCTION
    GAS/CONDENSATE
    30.09.2015
    19.12.2015
    PRODUCTION
    GAS
    18.01.2016
    19.03.2016
    PRODUCTION
    GAS/CONDENSATE
    15.10.2012
    26.10.2012
    OBSERVATION
    NOT APPLICABLE
    29.10.2012
    25.11.2012
    INJECTION
    CUTTINGS
    19.04.2016
    13.10.2016
    PRODUCTION
    GAS
  • Wellbores – other

    Wellbores – other
    Wellbore name
    Entered date
    Completed date
    Purpose
    Status