VALE
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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 toShut down06.09.2023Producing31.05.200205.09.2023Approved for production23.03.200130.05.2002 -
Located in
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PDO – Plan for Development and Operations
PDO – Plan for Development and Operations Date PDO approvedDescriptionType23.03.2001Kongen i StatsrådPDO -
Ownership — full history
Ownership — full history Owner kindOwner nameOwnership from dateOwnership to datePRODUCTION LICENSE23.03.200101.10.2023 -
Operatorship — full history
Operatorship — full history Company nameOperatorship fromOperatorship to31.05.202201.10.202304.12.201830.05.202222.12.201703.12.201830.04.201221.12.201701.11.200929.04.201201.10.200731.10.200901.01.200730.09.200723.03.200131.12.2006 -
Licensees — full history
Licensees — full history Company nameNation codeCompany share [%]Date licensee fromDate licensee toNO50.00000002.05.202301.10.2023NO50.00000002.05.202301.10.2023NO50.00000031.05.202201.05.2023NO25.75700031.05.202201.05.2023NO24.24300031.05.202201.05.2023NO50.00000004.12.201830.05.2022NO25.75700004.12.201830.05.2022NO24.24300004.12.201830.05.2022NO50.00000022.12.201703.12.2018NO25.75700022.12.201703.12.2018NO24.24300022.12.201703.12.2018NO50.00000018.03.201721.12.2017NO25.75700018.03.201721.12.2017NO24.24300018.03.201721.12.2017NO50.00000030.12.201417.03.2017NO25.75700030.12.201417.03.2017NO24.24300030.12.201417.03.2017NO50.00000030.12.201329.12.2014NO25.75700030.12.201329.12.2014NO24.24300030.12.201329.12.2014NO75.75700030.04.201229.12.2013NO24.24300030.04.201229.12.2013NO46.90400002.11.200929.04.2012NO28.85300002.11.200929.04.2012NO24.24300002.11.200929.04.2012NO46.90400001.01.200801.11.2009NO28.85300001.01.200801.11.2009NO24.24300001.01.200801.11.2009NO46.90400001.10.200731.12.2007NO28.85300001.10.200731.12.2007NO24.24300001.10.200731.12.2007NO46.90400001.01.200730.09.2007NO28.85300001.01.200730.09.2007NO24.24300001.01.200730.09.2007NO46.90400001.01.200431.12.2006NO28.85300001.01.200431.12.2006NO24.24300001.01.200431.12.2006NO46.90400006.05.200331.12.2003NO28.53100006.05.200331.12.2003NO24.24300006.05.200331.12.2003NO0.32200006.05.200331.12.2003NO46.90400018.12.200105.05.2003NO28.53100018.12.200105.05.2003NO24.24300018.12.200105.05.2003NO0.32200018.12.200105.05.2003NO46.90400023.03.200117.12.2001NO28.53100023.03.200117.12.2001NO18.70200023.03.200117.12.2001NO5.54100023.03.200117.12.2001NO0.32200023.03.200117.12.2001 -
Description
Description TypeTextDate updatedDevelopmentVale is a field in the central part of the North Sea, 16 kilometres north of the Heimdal field. The water depth is 115 metres. Vale was discovered in 1991, and the plan for development and operation (PDO) was approved in 2001. The field was developed with a subsea template including one horizontal production well with a single side track, tied-back to the Heimdal facility. The production started in 2002.09.12.2023ReservoirVale produced gas and condensate from Middle Jurassic sandstone in the Brent Group. The reservoir is at a depth of 3700 metres and has low permeability.09.12.2023Recovery strategyThe field was produced by pressure depletion.29.09.2023TransportThe well stream from Vale was routed to Heimdal for processing and export. Gas was exported via Vesterled to St Fergus in the UK. Condensate was transported by pipeline to the Brae field in the UK sector and further to Cruden Bay.29.09.2023StatusVale was shut down in September 2023. Decommissioning of the subsea template must be completed by the end of 2028.09.12.2023 -
Investments (expected)
Investments (expected) -
Investments (historical)
Investments (historical) Investments
[mill NOK nominal values]Sum284720221202192020692019190201811201702016292015102014820131020121520119820105520091142008136200711420062420054462004862003342002320200177920001091999163199817 -
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]Sum2.8454432.5090070.0000000.0000005.3544500.0000000.0000000.0000000.0000000.0000000.1023100.0937660.0000000.0000000.1960760.1500780.1592320.0000000.0000000.3093100.1645400.1935440.0000000.0000000.3580840.1619860.0696780.0000000.0000000.2316640.0360100.0009170.0000000.0000000.0369270.0236070.0094350.0000000.0000000.0330420.0774060.0698070.0000000.0000000.1472130.1508830.1355740.0000000.0000000.2864570.2670680.2924550.0000000.0000000.5595230.2028390.2330310.0000000.0000000.4358700.1784560.1809870.0000000.0000000.3594430.1246030.1218730.0000000.0000000.2464760.0155900.0152800.0000000.0000000.0308700.0082420.0091150.0000000.0000000.0173570.1833000.1561830.0000000.0000000.3394830.2035240.1729020.0000000.0000000.3764260.1734450.1364280.0000000.0000000.3098730.1776650.1459240.0000000.0000000.3235890.0768530.0620550.0000000.0000000.1389080.1602060.1318730.0000000.0000000.2920790.1526700.1189480.0000000.0000000.2716180.0541620.0000000.0000000.0000000.054162 -
Production , sum wellbores
Production , sum wellbores MonthGross - oil
[mill Sm3]Gross - gas
[bill Sm3]Gross - condensate
[mill Sm3]Gross - oil equivalents
[mill Sm3]Sum0.0000002.7791192.8766255.6557430.0000000.0000000.0000000.0000000.0000000.1051240.0985710.2036950.0000000.1733430.1557900.3291330.0000000.2113630.1723340.3836970.0000000.1861410.1752480.3613890.0000000.0296600.0428940.0725530.0000000.0150070.0231290.0381360.0000000.0751090.0722160.1473250.0000000.1411960.1311730.2723690.0000000.2903280.2407710.5310990.0000000.2417870.2077410.4495280.0000000.1737590.1714410.3452000.0000000.1274850.1412590.2687440.0000000.0156660.0227010.0383670.0000000.0093540.0145800.0239340.0000000.1593690.1861890.3455580.0000000.1763840.2164420.3928260.0000000.1387710.1765660.3153370.0000000.1483790.1872600.3356390.0000000.0653000.0812180.1465180.0000000.1327240.1573570.2900810.0000000.1184860.1482200.2667060.0000000.0443840.0535250.097909 -
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
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Wellbores – development
Wellbores – development Wellbore nameEntered dateCompleted datePurposeContent25.05.200108.07.2001PRODUCTIONGAS21.05.200526.08.2005PRODUCTIONGAS/CONDENSATE -
Wellbores – other