Valemon is a producing conventional gas field located in shallow water in Norway and is operated by Equinor UK. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 34/10P (PL 050), 34/11P (PL 193 D), 34/11P (PL 193 B), 34/10P (PL 050 FS), 30/1P (PL 050 GS), 34/10P (PL 050 ES), and 34/10P (PL 050 HS), with water depth of 623 feet. Buy the profile here.
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Field participation details
The field is owned by Equinor, Petoro and Polskie Gornictwo Naftowe i Gazownictwo.
Production from Valemon
The Valemon conventional gas field recovered 75.95% of its total recoverable reserves, with peak production in 2016. Based on economic assumptions, production will continue until the field reaches its economic limit in 2046.
About Equinor UK
Equinor UK Ltd (Equinor), formerly Statoil (U.K.) Ltd is an oil and gas company that develops, markets and supplies natural gas and crude oil. It carries out offshore operations to develop various offshore wind technologies and projects. The company's activities include offshore wind, upstream operations, natural gas trading and crude oil sales. Statoil UK's wind projects include Sheringham Shoal wind farms, Dogger Bank offshore wind project, Hywind Scotland Pilot Park and Dudgeon wind farms. The company owns oil and gas properties in the UK continental shelf. It trades and markets gas to industrial customers across Europe. The company operates through its office located in Aberdeen, the UK. Equinor is a subsidiary of Statoil ASA and headquartered in London, the UK.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
