Valhall Flank West is a producing conventional oil field located in shallow water in Norway and is operated by Aker BP. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 2/11P (PL 033 B) and 2/8P (PL 006 B), with water depth of 242 feet. Buy the profile here.

Field participation details

The field is owned by Aker BP and Pandion Energy.

Production from Valhall Flank West

The Valhall Flank West conventional oil field recovered 22.34% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 26.26 thousand bpd of crude oil and condensate, 23.00 Mmcfd of natural gas and 1.18 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2101. The field currently accounts for approximately 1% of the country’s daily output.

Remaining recoverable reserves

The field is expected to recover 108.23 Mmboe, comprised of 97.79 Mmbbl of crude oil & condensate, 36.22 bcf of natural gas reserves and 4.41 Mmbbl of natural gas liquid reserves. Valhall Flank West conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.

About Aker BP

Aker BP ASA (Aker BP) is an independent oil and gas exploration and production company. Its exploration, development and production activities on the Norwegian Continental Shelf (NCS). The company has a balanced portfolio of assets across the upstream value chain. Aker BP operates producing assets include Alvheim, Ivar Aasen, Skarv, Ula and Valhall among others. It also includes in producing assets such as Atla, Enoch and Gina Krog. The company is also a partner in a major developing project, Johan Sverdrup and has interest in additional exploration licenses. It has operations in Harstad, Sandnessjoen, Stavanger and Trondheim. Aker BP is headquartered in Lysaker, Norway.

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

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.