VALE

Discovery year
1991
Wellbore
Status
Producing
Licence

Operator:

Spirit Energy Norway AS

Area:

North Sea

Production start:

31.05.2002

Historical investments per 31.12.2017:

2 578 MILL NOK (nominal)

Future investments from 2018:

229 MILL NOK (real 2018 NOK)

PRODUCTION FROM THE FIELD

Source: The Norwegian Petroleum Directorate

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PRODUCTION FROM THE FIELD

Status

Production from Vale has been low in 2018. The field produced for only three months due to salt deposition in the heat exchangers at Heimdal.

Development

Vale is a field in the central part of the North Sea, 16 kilometres north of the Heimdal field. The water depth is 116 metres. Vale was discovered in 1991, and the plan for development and operation (PDO) was approved in 2001. The field is developed with a subsea template including one horizontal production well with a single side track, tied-back to the Heimdal facility. Production started in 2002.

Reservoir

Vale produces gas and condensate from Middle Jurassic sandstone in the Brent Group. The reservoir lies at a depth of 3,700 metres and has low permeability. Measured in oil equivalents, the field produces relatively equal amounts of gas and condensate; however, gas production is expected to increase compared to condensate in the coming years.

Recovery

The field is produced by pressure depletion.

Transport

The well stream from Vale is routed to Heimdal for processing and export. Gas is transported via Vesterled to St Fergus in the UK. Condensate is transported by pipeline to the Brae field in the UK sector and further to Cruden Bay.

ACCRUED INVESTMENTS IN NOMINAL NOK

Source: The Norwegian Petroleum Directorate

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ACCRUED INVESTMENTS IN NOMINAL NOK

NPD's CURRENT RESOURCE ESTIMATES

All numbers in mill. Sm3 o.e.

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NPD's CURRENT RESOURCE ESTIMATES – All numbers in mill. Sm3 o.e.
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OWNERS

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OWNERS

DISCOVERIES INCLUDED IN THE FIELD

DISCOVERY
25/4-6 S Vale

MORE INFORMATION

Visit the Norwegian Petroleum Directorate's fact pages for more information