NORWAY · FIELDS · NPDID 20460969
Valemon
North Sea · Gas/condensate · Producing · Operator Equinor Energy AS
Valemon is a gas and condensate field in the North Sea operated by Equinor Energy AS, discovered in 1985 by wellbore 34/10-23. The Norwegian Offshore Directorate lists it as producing.
In the 12 months reported through August 2026 it sold 0.72 million Sm³ of oil equivalents (0.07 million Sm³ of oil, 0.63 billion Sm³ of gas), up 26% on the 12 months before.
Since December 2014 it has reported 17.1 million Sm³ of oil equivalents: 2 million Sm³ of oil and 14.9 billion Sm³ of gas.
3 companies hold it; the largest share is Equinor Energy AS with 66.78%.
29 wellbores are on file for the field.
- 0.72
- mill Sm³ o.e., last 12 reported +26%
- 0.07
- mill Sm³ oil, last 12
- 0.63
- bill Sm³ gas, last 12
- 17.1
- mill Sm³ o.e. since Dec 2014
- 29
- wellbores on file
- 3
- licensees today
SODIR PRODUCTION PROFILES · SALEABLE VOLUMES · REPORTED THROUGH AUG 2026
Oil by month
TEN YEARS · SM³ SOLD
Last 12 months 67,535 · prior 12 52,321(+29%)
Gas by month
TEN YEARS · SM³ SOLD
Last 12 months 633,522,000 · prior 12 497,624,000(+27%)
Produced water by month
TEN YEARS · SM³ IN THE FIELD
Last 12 months 30,124 · prior 12 39,540(-24%)
Licensees
SHARES TODAY · UNIT VALEMON UNIT
| Company | Share | Since |
|---|---|---|
| Equinor Energy ASOPERATOR | 66.775% | Sep 25, 2024 |
| Petoro AS | 30% | Sep 25, 2024 |
| ORLEN Upstream Norway AS | 3.225% | Sep 25, 2024 |
Reserves
THE DIRECTORATE'S ESTIMATE · AS OF DEC 31, 2025
These are the Norwegian Offshore Directorate's own year-end estimates, shown as it publishes them. Petrora does not estimate reserves.
| Oil, mill Sm³ | Gas, bill Sm³ | NGL, mill tonnes | Condensate, mill Sm³ | O.e., mill Sm³ | |
|---|---|---|---|---|---|
| Originally recoverable | 2.11 | 15.7 | 0.16 | 0 | 18.1 |
| Remaining | 0.09 | 1.17 | 0.02 | 0 | 1.3 |
About the field
WRITTEN BY THE NORWEGIAN OFFSHORE DIRECTORATE
- 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.
- 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).
- Recovery strategy
- The field is produced by pressure depletion.
- 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.
- 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.
Production by year
MONTHLY ROWS ADDED UP · NEWEST FIRST
| Year | Oil, mill Sm³ | Gas, bill Sm³ | NGL, mill Sm³ | Condensate, mill Sm³ | O.e., mill Sm³ | Water, mill Sm³ |
|---|---|---|---|---|---|---|
| 20268 MONTHS | 0.05 | 0.44 | 0.02 | 0 | 0.5 | 0.02 |
| 2025 | 0.06 | 0.55 | 0.02 | 0 | 0.63 | 0.04 |
| 2024 | 0.06 | 0.48 | 0.03 | 0 | 0.57 | 0.07 |
| 2023 | 0.06 | 0.41 | 0.01 | 0 | 0.48 | 0.04 |
| 2022 | 0.09 | 0.51 | 0 | 0 | 0.6 | 0.05 |
| 2021 | 0.08 | 0.64 | 0 | 0 | 0.73 | 0.05 |
| 2020 | 0.12 | 1.02 | 0 | 0 | 1.15 | 0.07 |
| 2019 | 0.18 | 1.51 | 0 | 0 | 1.7 | 0.11 |
| 2018 | 0.3 | 2.37 | 0.01 | 0 | 2.67 | 0.1 |
| 2017 | 0.32 | 2.6 | 0.01 | 0 | 2.93 | 0.08 |
| 2016 | 0.45 | 2.85 | 0.01 | 0 | 3.31 | 0.11 |
| 2015 | 0.27 | 1.52 | 0.03 | 0 | 1.81 | 0.03 |
| 20141 MONTH | 0 | 0 | 0 | 0 | 0 | 0 |
Wellbores
Production 20 · Appraisal 4 · Injection 2 · Wildcat 2 · Observation 1
All 29 wellbores in Valemon, searchable → · Discovery wellbore 34/10-23 →
Operator history
- Equinor Energy ASMay 16, 2018 to today
- Statoil Petroleum ASJun 9, 2011 to May 15, 2018
This field on Sodir FactPages →
About this data
Norwegian Offshore Directorate (Sodir) FactPages, mirrored nightly and used under the Norwegian Licence for Open Government Data (NLOD). Production is saleable volume by month from the Directorate's profiles, cut at the latest month any field has reported; yearly and cumulative figures are those months added up. Shares are the current rows of the field's licensee history. Reserves are the Directorate's estimate.
Developers: this page as JSON is GET /v1/data/norway/fields/20460969, documented in the API reference.