Go-ahead for new facility on Valhall

Valhall flanke vest.PNG

Valhall West Flank is an unmanned facility tied in to the field centre at Valhall. (illustration: Aker BP)

02/10/2019 The Norwegian Petroleum Directorate has granted consent to start up the Valhall West Flank facility in the North Sea. Start-up will take place this autumn.

This facility is a further development of the Valhall field. West Flank is an unmanned facility with twelve well slots, and it is tied to the Valhall field centre.

Valhall is located in the southern part of the Norwegian shelf, 290 kilometres from land. Aker BP is operator for the field.

The reserves are estimated at 9.6 million standard cubic metres of oil equivalents (approx. 60 million barrels). The reserve estimate is a median value, and indicates some uncertainty regarding how much can be recovered.

The investment estimate when the Plan for Development and Operation was submitted was 5.4 billion 2018-NOK.

“Valhall West Flank is an important measure for further exploitation of the resources in a mature field,” says Tove Francke, the NPD’s Assistant director for development and operations, North Sea South.

Updated: 02/10/2019

Latest news

Production figures December 2024
21/01/2025 Preliminary production figures for December 2024 show an average daily production of 2 017 000 barrels of oil, NGL and condensate.
Drilling permit for wellbore 35/6-6
21/01/2025 The Norwegian Offshore Directorate has granted OMV (Norge) AS drilling permit for wellbore 35/6-6 in production licence 1109, cf. Section 13 of the Resource Management Regulations.
Gas discovery in the Barents Sea (7122/9-2)
17/01/2025 Vår Energi ASA and its partners found gas in the “Elgol” prospect; however, preliminary estimates indicate that the discovery is not profitable given current price assumptions.
20 companies offered ownership interests
14/01/2025 In the 2024 awards in pre-defined areas (APA), 20 companies have been offered ownership interests in a total of 53 production licences on the Norwegian continental shelf (NCS).
Dry well in the North Sea (24/12-8 S)
14/01/2025 Aker BP and its partner Concedo drilled the dry well 24/12-8 S near the Bøyla field in the North Sea.
Record-high gas production in 2024
09/01/2025 The Norwegian Offshore Directorate's summary of activity on the Norwegian continental shelf in 2024 shows that gas production is higher than ever.
Drilling permit for wellbore 35/10-15 S
08/01/2025 The Norwegian Offshore Directorate has granted DNO Norge AS drilling permit for wellbore 35/10-15 S in production licence 1182 S, cf. Section 13 of the Resource Management Regulations.
Drilling permit for wellbore 6507/2-8
08/01/2025 The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for wellbore 6507/2-8 in production licence 942, cf. Section 13 of the Resource Management Regulations.
Dry wells in the North Sea (35/10-14 S and A)
23/12/2024 Equinor and its partners have drilled two dry wells (“Kvernbit/Mimung”) in the North Sea.
Drilling permit for wellbore 7/1-3
23/12/2024 The Norwegian Offshore Directorate has granted Vår Energi ASA drilling permit for wellbore7/1-3 in production licence 1090, cf. Section 13 of the Resource Management Regulations.