Operations

Norway – Alvheim Area

The Alvheim, Volund and Bøyla fields are located in the Alvheim area in the central North Sea and make up an important part of Lundin Petroleum’s production base. Alvheim came on stream in 2008, followed by Volund in 2010, while the Bøyla field started production in 2015.

Production from all three fields is routed to the Alvheim FPSO production vessel, which is owned by the partners in the Alvheim field. Oil is processed and stored on the FPSO before being buoy-loaded to tankers. The gas is routed by pipeline via the British SAGE system (Scottish Area Gas Evacuation) to St. Fergus in Scotland. Production levels from the Alvheim Area have exceeded expectations since start-up due to excellent reservoir properties and very high uptime for the Alvheim FPSO. Estimates for ultimate recoverable reserves from the Alvheim Area have increased considerably compared with the PDO estimate as a result of improved reservoir understanding, new well locations and production optimisation.

The Alvheim field consists of the Kameleon, Boa, Kneler and Kameleon Øst hydrocarbon deposits. Boa is partly located on the UK shelf. In addition, the Viper/Kobra accumulations, which commenced production in 2016, have been developed as a subsea tieback to the Volund subsea facilty.

The Volund field has been developed as a subsea development tied back to the Alvheim FPSO.

The last field tied-in to the Alvheim FPSO is Bøyla, which is a subsea development situated 26 km south of the Alvheim FPSO.

Key figures  
Gross 2P reserves Alvheim (31 Dec 2017): 111 MMboe
Gross 2P reserves Volund (31 Dec 2017) 23 MMboe
Gross 2P reserves Bøyla (31 Dec 2017): 9 MMboe
Location Alvheim: Blocks 24/6 and 25/4
Location Volund: Block 24/9
Location Bøyla: Block 24/9
Hydrocarbon type: Oil and gas
Discovery wells Alvheim: 24/6-2 Kameleon (1998), 25/4-7 Kneler, 24/6-4T2 Boa
Discovery well Volund: 24/9-5 (1994) and 24/9-7 (2004)
Discovery well Bøyla: 24/9-9 (2009)
Production start Alvheim: 2008
Production start Volund: 2010 2010
Production start Bøyla: 2015 2015
Alvheim field partnership: Aker BP (op. 65%), Lundin Norway (15%), ConocoPhillips (20%)
Volund field partnership: Aker BP (op. 65%), Lundin Norway 35%
Bøyla field partnership: Aker BP (op. 65%), Lundin Norway (15%), Point Resources AS (20%)
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