VOLVE

Discovery year
1993
Wellbore
Status
Shut down
Licence

Operator:

Aker BP ASA

Area:

North sea

Production start:

12.02.2008

Historical investments per 31.12.2020:

4 689 MILL NOK (nominal)

PRODUCTION FROM THE FIELD

Source: The Norwegian Petroleum Directorate

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PRODUCTION FROM THE FIELD

Development

Volve is a field in the central part of the North Sea, five kilometres north of the Sleipner Øst field. The water depth is 80 metres. Volve was discovered in 1993, and the plan for development and operation (PDO) was approved in 2005. The field was developed with a jack-up processing and drilling facility. The vessel "Navion Saga" was used for storing stabilised oil. Production started in 2008.

Reservoir

Volve produced oil from sandstone of Middle Jurassic age in the Hugin Formation. The reservoir is at a depth of 2,700-3,100 metres. The western part of the structure is heavily faulted and communication across the faults is uncertain.

Recovery strategy

The field was produced with water injection for pressure support.

Transport

The oil was exported by tankers and the rich gas was transported to the Sleipner A facility for further export.

Status

The field was shut down in 2016 and the facility was removed in 2018.

ACCRUED INVESTMENTS IN NOMINAL NOK

Source: The Norwegian Petroleum Directorate

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ACCRUED INVESTMENTS IN NOMINAL NOK

NPD's CURRENT RESOURCE ESTIMATES

All numbers in mill. Sm3 o.e.

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NPD's CURRENT RESOURCE ESTIMATES – All numbers in mill. Sm3 o.e.
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OWNERS

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OWNERS

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DISCOVERIES INCLUDED IN THE FIELD

DISCOVERY
15/9-19 S Volve

MORE INFORMATION

Visit the Norwegian Petroleum Directorate's fact pages for more information