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OESAAnalysis

Field · North Sea

Vale

Vale is a gas and condensate field in the North Sea, discovered in 1991. Status: shut down. Operator: Aker BP ASA.

Shut downGas and condensate

Status
Shut down
Contains
Gas and condensate
Sea area
North Sea
Operator
Aker BP ASA
Discovered
1991
Approved for production
23 Mar 2001
Production start
31 May 2002
Shut down
6 Sep 2023
Sodir ID
1578893

Show on the globeFact page at the Norwegian Offshore Directorate

Production

Last 12 months
0 no production Aug 2025–Jul 2026
Peak year
2015 0.56 million Sm³ o.e.
0.00.20.40.6 2002: 0.05 million Sm³ o.e.20022003: 0.27 million Sm³ o.e.2004: 0.29 million Sm³ o.e.2005: 0.14 million Sm³ o.e.20052006: 0.33 million Sm³ o.e.2007: 0.31 million Sm³ o.e.2008: 0.38 million Sm³ o.e.20082009: 0.34 million Sm³ o.e.2010: 0.02 million Sm³ o.e.2011: 0.03 million Sm³ o.e.20112012: 0.25 million Sm³ o.e.2013: 0.36 million Sm³ o.e.2014: 0.44 million Sm³ o.e.20142015: 0.56 million Sm³ o.e.2016: 0.29 million Sm³ o.e.2017: 0.15 million Sm³ o.e.20172018: 0.03 million Sm³ o.e.2019: 0.04 million Sm³ o.e.2020: 0.23 million Sm³ o.e.20202021: 0.36 million Sm³ o.e.2022: 0.31 million Sm³ o.e.2023: 0.19 million Sm³ o.e.2023

OilGas

Show the figures as a table
Production per year, Valemillion Sm³ o.e.
YearOilGasNGLCondensateTotal
20230.100.090.000.000.19
20220.150.160.000.000.31
20210.170.190.000.000.36
20200.160.070.000.000.23
20190.040.000.000.000.04
20180.020.010.000.000.03
20170.080.070.000.000.15
20160.150.140.000.000.29
20150.270.290.000.000.56
20140.200.230.000.000.44
20130.180.180.000.000.36
20120.120.120.000.000.25
20110.020.020.000.000.03
20100.010.010.000.000.02
20090.180.160.000.000.34
20080.200.170.000.000.38
20070.170.140.000.000.31
20060.180.150.000.000.33
20050.080.060.000.000.14
20040.160.130.000.000.29
20030.150.120.000.000.27
20020.050.000.000.000.05

Marketable production in million standard cubic metres of oil equivalent (Sm³ o.e.), per month from the Norwegian Offshore Directorate, summed per year. Gas in billion Sm³ equals million Sm³ o.e. Figures up to and including July 2026. The conversion to barrels per day uses 1 Sm³ ≈ 6.29 barrels.

Reserves

The Norwegian Offshore Directorate's estimate as of 31 Dec 2025. Originally recoverable is everything the field is expected to produce; remaining is what is left.

Reserves in Vale
ProductOriginally recoverableRemainingUnit
Oil2.820.00million Sm³
Gas2.510.00billion Sm³
Total o.e.5.330.00million Sm³ o.e.

According to the estimate, 100 % of the recoverable reserves have been produced.

Licensees

The Norwegian Offshore Directorate lists no current licensees for the field, which has been shut down.

Facilities

Facilities belonging to Vale
NameTypeStatusIn service since
ValeSingle-well templateShut down2002

Sources

Sokkeldirektoratet, the Norwegian Offshore Directorate (FactMaps and FactPages), Norwegian Licence for Open Government Data (NLOD). Field data retrieved 28 Sep 2026, production 27 Sep 2026, licensees and reserves 28 Sep 2026. factpages.sodir.no · NLOD