Factpages Norwegian Offshore Directorate
Factpages Norwegian Offshore Directorate
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21.12.2024 - 01:25
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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
    Norwegian Offshore Directorate'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
    30/1
    34/10
    34/11
    34/10
    34/11
  • PDO – Plan for Development and Operations

    PDO – Plan for Development and Operations
    Date PDO approved
    Description
    Type
    09.06.2011
    Behandlet i Stortinget
    PDO
  • Ownership — full history

    Ownership — full history
    Owner kind
    Owner name
    Ownership from date
    Ownership to date
    BUSINESS ARRANGEMENT AREA
    09.06.2011
  • Operatorship — full history

    Operatorship — full history
    Company name
    Operatorship from
    Operatorship to
    16.05.2018
    09.06.2011
    15.05.2018
  • Licensees — full history

    Licensees — full history
    Company name
    Nation code
    Company share [%]
    Date licensee from
    Date licensee to
    NO
    66.775000
    25.09.2024
    NO
    30.000000
    25.09.2024
    NO
    3.225000
    25.09.2024
    NO
    66.775000
    30.12.2020
    24.09.2024
    NO
    30.000000
    30.12.2020
    24.09.2024
    NO
    3.225000
    30.12.2020
    24.09.2024
    NO
    66.775000
    29.11.2019
    29.12.2020
    NO
    30.000000
    29.11.2019
    29.12.2020
    NO
    3.225000
    29.11.2019
    29.12.2020
    NO
    53.775000
    04.12.2018
    28.11.2019
    NO
    30.000000
    04.12.2018
    28.11.2019
    NO
    13.000000
    04.12.2018
    28.11.2019
    NO
    3.225000
    04.12.2018
    28.11.2019
    NO
    53.775000
    16.05.2018
    03.12.2018
    NO
    30.000000
    16.05.2018
    03.12.2018
    NO
    13.000000
    16.05.2018
    03.12.2018
    NO
    3.225000
    16.05.2018
    03.12.2018
    NO
    53.775000
    22.12.2017
    15.05.2018
    NO
    30.000000
    22.12.2017
    15.05.2018
    NO
    13.000000
    22.12.2017
    15.05.2018
    NO
    3.225000
    22.12.2017
    15.05.2018
    NO
    53.775000
    01.01.2014
    21.12.2017
    NO
    30.000000
    01.01.2014
    21.12.2017
    NO
    13.000000
    01.01.2014
    21.12.2017
    NO
    3.225000
    01.01.2014
    21.12.2017
    NO
    53.775000
    30.04.2012
    31.12.2013
    NO
    30.000000
    30.04.2012
    31.12.2013
    NO
    13.000000
    30.04.2012
    31.12.2013
    NO
    3.225000
    30.04.2012
    31.12.2013
    NO
    66.775000
    13.01.2012
    29.04.2012
    NO
    30.000000
    13.01.2012
    29.04.2012
    NO
    3.225000
    13.01.2012
    29.04.2012
    NO
    64.275000
    09.06.2011
    12.01.2012
    NO
    30.000000
    09.06.2011
    12.01.2012
    NO
    3.225000
    09.06.2011
    12.01.2012
    NO
    2.500000
    09.06.2011
    12.01.2012
  • Norwegian Offshore Directorate – estimate for reserves (Norwegian share)

    Norwegian Offshore Directorate – estimate for reserves (Norwegian share)
    Estimates for reserves do not take commercial agreements into consideration.
    Norwegian Offshore Directorate – estimate for reserves (Norwegian share)
    Valid date:
    31.12.2023
    Norwegian Offshore Directorate – 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]
    2.05
    14.77
    0.22
    0.00
    17.24
    Norwegian Offshore Directorate – 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
    13.00
    0.00
    61.00
    Norwegian Offshore Directorate – 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]
    0.16
    1.38
    0.09
    0.00
    1.71
    Norwegian Offshore Directorate – estimate for reserves (Norwegian share)
  • 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. The production started in 2015.
    14.12.2023
    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 are at depths of 3900-4200 metres and have high temperature and high pressure (HTHP).
    14.12.2023
    Recovery strategy
    The field is produced by pressure depletion.
    28.02.2023
    Transport
    The wellstream is transported to Kvitebjørn for processing. Rich gas is transported through the Kvitebjørn Gas Pipeline to the Kollsnes terminal, while condensate is transported in a pipeline tied to the Troll Oil Pipeline II and further to the Mongstad terminal. Until mid-2023, the gas was exported to Heimdal.
    14.12.2023
    Status
    Due to production experience and rapid pressure decline in the reservoirs, the estimated recoverable volumes have been significantly reduced since the PDO. The second drilling campaign including four new production wells started in 2021, and the last of the wells came on stream in mid-2023. The production contribution from the new wells is below expectations. After closing of the Heimdal facility in 2023, permanent rerouting of the Valemon gas export via Kvitebjørn to the Kollsnes terminal was initiated.
    14.12.2023
  • Investments (expected)

    Investments (expected)
    The operator's future investments related to the reserves from 2023 [mill NOK 2023-kroner]. The stated investment estimate has not been corrected for possible investment sharing.
    1191
  • Investments (historical)

    Investments (historical)
    Investments
    [mill NOK nominal values]
    Sum
    25894
    2022
    2024
    2021
    457
    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
    1.923912
    13.840672
    0.000000
    0.100525
    15.865109
    2024
    0.049575
    0.424259
    0.000000
    0.020878
    0.494712
    2023
    0.058801
    0.407639
    0.000000
    0.010566
    0.477006
    2022
    0.093950
    0.505054
    0.000000
    0.001016
    0.600020
    2021
    0.082554
    0.643675
    0.000000
    0.002458
    0.728687
    2020
    0.117568
    1.023160
    0.000000
    0.004913
    1.145641
    2019
    0.184810
    1.508979
    0.000000
    0.003608
    1.697397
    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
    14.444972
    1.503858
    15.948830
    2024
    0.000000
    0.526482
    0.057992
    0.584474
    2023
    0.000000
    0.473061
    0.058325
    0.531386
    2022
    0.000000
    0.538503
    0.086865
    0.625368
    2021
    0.000000
    0.669249
    0.068355
    0.737604
    2020
    0.000000
    1.060165
    0.099776
    1.159941
    2019
    0.000000
    1.550843
    0.149921
    1.700764
    2018
    0.000000
    2.444764
    0.220083
    2.664847
    2017
    0.000000
    2.661064
    0.224347
    2.885411
    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
    Graph Net oe
    Production – charts
    Graph Net oil
    Production – charts
    Graph Net gas
    Production – charts
    Graph Net gas
    Production – charts
    Graph Net NGL
    Production – charts
    Graph Water
    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
    11.10.2022
    PRODUCTION
    GAS/CONDENSATE
    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
    02.01.2023
    30.04.2023
    PRODUCTION
    GAS/CONDENSATE
    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