Valdemar Bo South is a conventional oil development located in shallow water in Denmark and is operated by Total E&P Denmark. Valdemar Bo South lies in block 5504/7 (Contiguous Area), with water depth of around 164 feet.
The project is currently in approval stage and is expected to start commercial production in 2024.
Field participation details
The field is owned by TotalEnergies, Norwegian Energy and Nordsofonden.
Production from Valdemar Bo South
Production from the Valdemar Bo South conventional oil development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 6,378 bpd of crude oil and condensate and 13 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2055.
Remaining recoverable reserves
The field is expected to recover 26.06 Mmboe, comprised of 19.6 Mmbbl of crude oil & condensate and 38.81 bcf of natural gas reserves.
Methodology
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.