Valemon field
Valemon is producing 12,706 barrels of oil equivalent a day — 0.3% of everything the Norwegian Continental Shelf produced in May 2026, ranking 52 of the 94 fields in production.
What it produces
In May 2026 the field delivered 12,706 barrels of oil equivalent a day, classified by the directorate as gas/condensate — almost entirely gas. Output has moved up 27.6% over the past twelve months, and the directorate's profile for the field is growing. The field's best year was 2016, averaging 56,858 boe/d — today it runs at 22% of that.
Since 2014, Valemon has produced roughly 106 million barrels of oil equivalent in total. The directorate's estimate of recoverable resources is 114 million boe, of which about 93% has now been recovered; 8 million boe remained as of 31.12.2025.
Timeline
- 1985Proven by exploration well 34/10-23
- 2014First production reported
- 2015Valemon (jacket 4 legs) enters service
- 2016Best year to date — 56,858 boe/d
Production by year, 2014–2026
Full table, year by year
| Year | Oil | Gas | NGL | Total boe/d |
|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | 0 |
| 2015 | 4,583 | 26,133 | 490 | 31,206 |
| 2016 | 7,743 | 48,902 | 213 | 56,858 |
| 2017 | 5,506 | 44,792 | 185 | 50,482 |
| 2018 | 5,181 | 40,786 | 96 | 46,063 |
| 2019 | 3,185 | 26,004 | 62 | 29,251 |
| 2020 | 2,021 | 17,584 | 85 | 19,689 |
| 2021 | 1,422 | 11,092 | 42 | 12,558 |
| 2022 | 1,619 | 8,703 | 18 | 10,340 |
| 2023 | 1,014 | 7,025 | 182 | 8,220 |
| 2024 | 985 | 8,332 | 433 | 9,750 |
| 2025 | 954 | 9,525 | 299 | 10,777 |
| 2026 | 1,211 | 11,721 | 396 | 13,326 |
Average daily rates per calendar year, from Sokkeldirektoratet's monthly production figures. The final year is the average through May 2026.
Discovery and drilling
The field was proven by exploration well 34/10-23 in 1985. The directorate's wellbore register lists 29 wellbores on Valemon: 6 exploration and 23 development. The deepest reaches 7,380 metres measured depth. Water depth at the field's installations is 133 metres.
How it reaches market
Valemon's production leaves the field by pipeline:
- Valemon Kondensatrørcondensate → Kvitebjørn
Installations on Valemon
- ValemonJacket 4 Legs2015
The first of them entered service in 2015.
Licence partners
- Equinor Energy AS66.78%
- Petoro AS30.00%
- ORLEN Upstream Norway AS3.23%
The field sits in blocks 30/1, 34/10, 34/11, under production licences PL 050 GS, PL 050 ES, PL 050 HS, PL 193 B, PL 193 D.
Questions people ask
- Who operates the Valemon field?
- Valemon is operated by Equinor Energy AS, in partnership with Petoro AS, ORLEN Upstream Norway AS.
- How much does Valemon produce?
- 12,706 barrels of oil equivalent per day as of May 2026 — 0.3% of Norwegian Continental Shelf output, ranking 52 of 94 producing fields.
- When did Valemon start producing?
- First production was reported in 2014, 29 years after discovery well 34/10-23 proved the field in 1985.
See it live
Valemon is drawn on the NCS Live map with its outline, its pipelines and the vessels working it in real time — and på norsk. The directorate's own record is on the SODIR FactPages.
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