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November 24, 2021updated 27 Apr 2022 12:28pm

Valdemar Conventional Oil Field, Denmark

By Carmen

Valdemar is a producing conventional oil field located in shallow water in Denmark and is operated by Total E&P Denmark. The field is located in block 5504/7 (Contiguous Area) and 5504/11 (Contiguous Area), with water depth of 144 feet.

Field participation details

The field is owned by Norwegian Energy, TotalEnergies and Nordsofonden.

Production from Valdemar

The Valdemar conventional oil field recovered 71.60% of its total recoverable reserves, with peak production in 2009. The peak production was approximately 24.28 thousand bpd of crude oil and condensate and 52 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042.

Remaining recoverable reserves

The field is expected to recover 52.05 Mmboe, comprised of 35.27 Mmbbl of crude oil & condensate and 100.71 bcf of natural gas reserves. Valdemar conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


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.

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