Vale (Norwegian: Valefeltet) is an offshore gas field in the North Sea located 16 kilometres (9.9 mi) north of the Heimdal gas field. The depth of the water in the field area is 115 metres (377 ft). Vale is considered a satellite to Heimdal field and is connected to it by a pipeline.[1] Estimated reserves at Vale stand at 2.5 billion cubic metres (88 billion cubic feet) of natural gas and 21 million barrels (3,300,000 m3) of gas condensate.[2] Vale gas field is expected to produce 1.6 million cubic metres per day (57 million cubic feet per day) of natural gas and 2,600 barrels per day (410 m3/d) of condensate.
Production was started on 31 May 2002, according to the Plan for Development and Operation approved by Norway in the spring of 2001.[2][3] Total investment has been 800 million NOK which also included modifications on Heimdal, drilling operations, subsea templates and pipelines.[2]
Ownership
The Vale field is operated by Sval Energi (50%) with LOTOS holding 25.757% and PGNiG holding 24.243%.[4]
The field was originally operated by Norsk Hydro. In 2007, the operationship was transferred to Statoil as a result of the merger between Statoil and Hydro Oil & Gas. In 2012, Centrica acquired Statoil's stake and took over operatorship;[4] Operatorship passed to Sval Energi upon their acquisition of Centrica's subsidiary, Spirit Energy's Norwegian assets in 2022.[5]
^ ab"Centrica cleared to operate Vale facilities in North Sea". Offshore Magazine. PennWell Corporation. 7 May 2012. Retrieved 10 May 2012.
^"Centrica to sell Spirit Energy's Norway assets for $1.1 billion". Reuters. 8 December 2021.
External links
Vale – Equinor
January 31, 2023
vale, field, vale, norwegian, valefeltet, offshore, field, north, located, kilometres, north, heimdal, field, depth, water, field, area, metres, vale, considered, satellite, heimdal, field, connected, pipeline, estimated, reserves, vale, stand, billion, cubic,. Vale Norwegian Valefeltet is an offshore gas field in the North Sea located 16 kilometres 9 9 mi north of the Heimdal gas field The depth of the water in the field area is 115 metres 377 ft Vale is considered a satellite to Heimdal field and is connected to it by a pipeline 1 Estimated reserves at Vale stand at 2 5 billion cubic metres 88 billion cubic feet of natural gas and 21 million barrels 3 300 000 m3 of gas condensate 2 Vale gas field is expected to produce 1 6 million cubic metres per day 57 million cubic feet per day of natural gas and 2 600 barrels per day 410 m3 d of condensate Vale gas fieldLocation of Vale gas fieldCountryNorwayRegionNorth SeaOffshore onshoreoffshoreCoordinates59 42 22 43 N 2 18 37 83 E 59 7062306 N 2 3105083 E 59 7062306 2 3105083 Coordinates 59 42 22 43 N 2 18 37 83 E 59 7062306 N 2 3105083 E 59 7062306 2 3105083OperatorSval EnergiPartnersSval EnergiLOTOSPGNiGField historyStart of production31 May 2002 2002 05 31 ProductionEstimated gas in place2 5 10 9 m3 88 10 9 cu ft Contents 1 History 2 Ownership 3 See also 4 References 5 External linksHistory EditProduction was started on 31 May 2002 according to the Plan for Development and Operation approved by Norway in the spring of 2001 2 3 Total investment has been 800 million NOK which also included modifications on Heimdal drilling operations subsea templates and pipelines 2 Ownership EditThe Vale field is operated by Sval Energi 50 with LOTOS holding 25 757 and PGNiG holding 24 243 4 The field was originally operated by Norsk Hydro In 2007 the operationship was transferred to Statoil as a result of the merger between Statoil and Hydro Oil amp Gas In 2012 Centrica acquired Statoil s stake and took over operatorship 4 Operatorship passed to Sval Energi upon their acquisition of Centrica s subsidiary Spirit Energy s Norwegian assets in 2022 5 See also Edit Norway portal Energy portalHeimdal gas field Oseberg Transport System Grane oil field Oseberg oil field North Sea oil Economy of NorwayReferences Edit Statoil Facts about Vale a b c Norsk Hydro Begins Production from Vale Field Rigzone 6 June 2002 Retrieved 18 February 2010 Hydro Vale condensate field starts producing a b Centrica cleared to operate Vale facilities in North Sea Offshore Magazine PennWell Corporation 7 May 2012 Retrieved 10 May 2012 Centrica to sell Spirit Energy s Norway assets for 1 1 billion Reuters 8 December 2021 External links EditVale Equinor Retrieved from https en wikipedia org w index php title Vale gas field amp oldid 1095435516, wikipedia, wiki, book, books, library,
