Valemon Gas And Condensate Field

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Summary Information

• Operator: Statoil
• Country: Norway
• Location: Norwegian Continental Shelf
• Production start: 2015
• Partners: Statoil (operator – 64.275%), Petoro (30%), Enterprise Oil Norge (3.225%) and Total (2.5%).
• Type: Gas & Condensate
• Estimated Reserves: The field contains some 206 million barrels of oil equivalent
• Production Volume: Expected peak production is 68,000 boe per day

Description

• A gas and condensate field between Kvitebjørn and Gullfaks South in the Norwegian North Sea, about 160 kilometres west of Bergen
• The recoverable reserves are estimated at 206 million barrels of oil equivalents – including 26 billion cubic metres of gas, five million cubic metres of condensate and one million cubic metres of natural gas liquids (NGL).
• The appraisal well on Valemon was drilled from the Statoil-operated Kvitebjørn platform. With a total length of 7,380 metres this well is the longest high pressure/high temperature (HPHT) well ever drilled by the group.
• Gas from Valemon will be transported via the existing pipeline from Huldra to Heimdal, a hub which enables the gas to be exported to European markets
• The approximately 9,200 tonnes Valemon jacket is approximately 157 meters tall with a footprint of 45 x 45 meters and a top of 26 x 30 meters.

Contractors

• Samsung Heavy Industries: Construction of production platform
• Wood Group Mustang: Detailed engineering support for the topsides, in addition to delivery of the flare boom and providing hook-up and commissioning assistance
• Heerema: Valemon Jacket,
• Technip: Detailed design, procurement engineering and follow-on engineering support for the Valemon fixed platform topsides
• Aibel: Topsides FEED
• Mercon: Construction of 8 storey high Living Quarter.
• Saipem: Topsides and Flare

History

• 2006 - Valemon discovered
• 2008 - Alliance Engineering chosen to Conduct Platform Concept Study
• 2010 - The plan for development and operation of the Valemon gas and condensate field was approved by the Norwegian parliament
• 2010 - Heerema awarded contract for the jacket
• 2011 - Technip awarded Offshore services contract
• 2012 - Mercon awarded living quarters contract
• 2014 - Oil and gas discovered at Valemon Nord
• 2015 - First production

Geology

• The deposit has a complex structure with several faults. The reservoirs consist of Middle Jurassic sandstones in the Brent Group and Lower Jurassic sandstones in the Cook Formation. The reservoirs lie at a depth of approximately 4 000 metres, with high pressure and temperature.

Links

1. Saipem Fixed Offshore Production Facilities Project References
2. Valemon, NPD
3. Technip awarded Offshore services contract in the Norwegian North Sea
4. StatoilHydro ASA awards the Valemon Topsides FEED contract to Aibel AS
5. Statoil increases Valemon equity
6. Finds on Valemon and Morvin
7. Valemon Map
8. Alliance Engineering to Conduct Platform Concept Study For StatoilHydro’s Valemon Field
9. Statoil all set to develop Valemon
10. Heerema Fabrication Group awarded Statoil Valemon Jacket LOI
11. Mercon builds 8 storey high Living Quarter
12. Gas and oil discovery in the Valemon area
13. Valemon installed
14. Valemon on stream
15. Wood Group Mustang Norway completes hook-up of Valemon platform on Norwegian continental shelf on schedule
16. Valemon officially opened

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