The present invention regards a valve device for use with a down hole tool comprising at least a first fluid line and a return fluid line, the valve device comprises a first inlet and a first outlet forming a first flow path between them, and a second inlet and a second outlet forming a second flow path between them, at least one closure element for closing and or opening at least one of the flow paths. According to the invention there is at least one closure element together with the respective flow paths forms a first and second check valves, which in a first state prevents a fluid from flowing from the first outlet to the first inlet and a fluid from flowing from the second inlet to the second outlet. The invention also regards a method for operating a down hole valve device.