Valemon Gas And Condensate Field
Summary Information
- Operator: Statoil
- Country: Norway
- Location: Norwegian Continental Shelf
- Production start: First production is expected in Q4 2014
- 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
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
- 2011 - Technip awarded Offshore services contract
Geology
Links
- Technip awarded Offshore services contract in the Norwegian North Sea
- Statoil increases Valemon equity
- Finds on Valemon and Morvin
- Valemon Map
- Alliance Engineering to Conduct Platform Concept Study For StatoilHydro’s Valemon Field
- Statoil all set to develop Valemon
page revision: 3, last edited: 11 Jan 2012 08:36
