Statoil shows the process of getting its US$2.9 billion Valemon field on stream.

The high-pressure, high-temperature, gas and condensate development, located in the Norwegian sector of the North Sea, started production on 3 January.

The Valemon field, containing an estimated 192MMboe recoverable reserves, is being produced by what will become Statoil's first platform remotely controlled from shore, turning into a "normally unmanned platform" when drilling the 10 production wells on the field is completed in 2017.

The platform has 40 cabins, but during normal operations there will be some 17 people on board.

Valemon is the second Statoil-operated platform to be put into production in the last nine years.

Statoil operates Valemon, with 53.77% interest, with partners Petoro (30 %), Centrica Resources (13%), and Norske Shell (3.23%).

Source: www.oedigital.com

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