New Wells at Valemon Extend Heimdal Gas Centre Life to 2023
Equinor announced that new wells at Valemon will extend profitable operations at Heimdal, which is processing gas from Valemon. The Heimdal partners have now decided to extend operations at Heimdal to 2023. Production from Valemon is expected to increase in the future as 3-4 new gas wells will be drilled for Valemon in 2021 and 2022. This enables Heimdal to maintain profitable operations somewhat longer than originally communicated 2021 or 2022. This is beneficial from a socioeconomic perspective, and the extension will also enable production of the remaining reserves in Vale and Skirne and increase production from Valemon.
Located in the north-eastern part of the North Sea, Heimdal was flound in 1972, when an exploration well proved a 120-metre gas column in Palaeocene sand. Although considerable gas resources were struck, it was long uncertain whether the field could be developed. No transportation system for gas export from the Norwegian continental shelf had been established, which was an important challenge. But the solution was found in 1981.
Since start-up in 1985 Heimdal has produced 46 billion standard cubic metres of gas and 7 million cubic metres of liquid (oil/condensate), corresponding to 332 million barrels of oil equivalent. In addition, Heimdal has processed approximately the same volume oil and gas from the satellite fields Huldra, Skirne, Atla, Vale and Valemon.