Statoil brings Valemon onstream offshore Norway

Offshore staff

STAVANGER, Norway – Statoil has started production from the high-pressure/high-temperature Valemon gas and condensate field in the Norwegian North Sea.

This is the second Statoil-operated platform to be put into production in the Norwegian sector in the last nine months and the first new platform to be operated from Bergen since the Kvitebjørn field came onstream 10 years ago.

Valemon is also Statoil’s first platform to be remotely controlled from shore. It will switch to normally unmanned status when development drilling finishes in 2017. At that point there will be 10 production wells.

The field’s produced condensate is piped to the Kvitebjørn for processing, and from there to Mongstad on Norway’s west coast. Gas heads to the Heimdal platform for processing.

Heimdal, which was originally scheduled to be shut down in 2014, now serves as a gas hub in this part of the North Sea. Use of existing facilities at Kvitebjørn and Heimdal, along with existing subsea pipelines, brought Valemon’s development costs down to around NOK 22.6 billion ($2.95 billion), Statoil added.

Statoil’s partners in the project, which is designed to recover 192 MMboe, are Petoro, Centrica Resources, and A/S Norske Shell.

01/05/2015

Valemon
Photo courtesy Statoil)

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...