The giant Valhall has produced over a billion barrels of oil equivalents since the field was opened in 1982. The ambition is to produce another billion barrels over the next 40 years.
The Valhall field is located in the southern part of the Norwegian sector in the North Sea, and although the field has been in production for several decades, Aker BP sees enormous potential in the area. The work of modernizing Valhall is well underway, and involves removing old platforms, plugging old wells, investing in new wells and actively seeking new business opportunities in the area.
Since 2013, the Valhall field has been operated with electricity from shore.
Alliance strategy yields results
Valhall Flank West was put into production at the end of 2019 and set a new standard for the delivery of flank developments. The wellhead platform at Valhall Flanke West was installed on the field just over a year after the first steel was cut.
Reorganization of the value chain through strategic partnerships and alliances is an important part of Aker BP’s strategy, and as many as four alliances contributed to the project. The result was a reduced number of engineering hours and construction time, in addition to reduced costs.
Valhall has produced oil and gas for 40 year. Aker BP is currently working on a new central platform that will enable additional 40 years of production.