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OESAAnalysis

Field · North Sea

Valemon

Valemon is a gas and condensate field in the North Sea, discovered in 1985. Status: producing. Operator: Equinor Energy AS.

ProducingGas and condensate

Status
Producing
Contains
Gas and condensate
Sea area
North Sea
Operator
Equinor Energy AS
Discovered
1985
Approved for production
9 Jun 2011
Production start
3 Jan 2015
Supply base
Mongstad
Sodir ID
20460969

Show on the globeFact page at the Norwegian Offshore Directorate

Production

Last 12 months
0.73 million Sm³ o.e. · Aug 2025–Jul 2026
Share of Norwegian production
0.295 %no. 53 of 95 fields with production in the last 12 months
Per day
13,000barrels o.e. per day, converted
Peak year
2016 3.31 million Sm³ o.e.
0123 2015: 1.81 million Sm³ o.e.2016: 3.31 million Sm³ o.e.20162017: 2.93 million Sm³ o.e.2018: 2.67 million Sm³ o.e.20182019: 1.70 million Sm³ o.e.2020: 1.14 million Sm³ o.e.20202021: 0.73 million Sm³ o.e.2022: 0.60 million Sm³ o.e.20222023: 0.48 million Sm³ o.e.2024: 0.57 million Sm³ o.e.20242025: 0.63 million Sm³ o.e.2026: 0.45 million Sm³ o.e.2026

OilGasNGL2026 covers January–July (lighter bar).

Show the figures as a table
Production per year, Valemonmillion Sm³ o.e.
YearOilGasNGLCondensateTotal
2026 (Jan–Jul)0.040.390.010.000.45
20250.060.550.020.000.63
20240.060.480.030.000.57
20230.060.410.010.000.48
20220.100.500.000.000.60
20210.080.650.000.000.73
20200.121.020.000.001.14
20190.191.510.000.001.70
20180.302.370.000.002.67
20170.322.600.010.002.93
20160.452.840.010.003.31
20150.271.520.030.001.81

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 Valemon
ProductOriginally recoverableRemainingUnit
Oil2.110.09million Sm³
Gas15.691.17billion Sm³
NGL0.160.02million tonnes
Total o.e.18.101.30million Sm³ o.e.

According to the estimate, 93 % of the recoverable reserves have been produced.

Licensees

Licensees in Valemon, updated by Sodir 20 Feb 2026
CompanyShareValid from
Equinor Energy ASEQNROperator66.78 %25 Sep 2024
Petoro AS30.00 %25 Sep 2024
ORLEN Upstream Norway AS3.23 %25 Sep 2024

Companies on the analysis page link to their own page.

Facilities

Facilities belonging to Valemon
NameTypeStatusIn service since
ValemonSteel jacket, 4 legsIn service2015

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