Continuous reserves growth in the Alvheim Area has seen ultimate recoverable reserve estimates increase by over 90% since PDO
The Alvheim, Volund and Bøyla fields are mature production assets located in the Alvheim area in the central North Sea. 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 East Kameleon 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 facility.
Both the Volund field and the Bøyla field were developed as subsea tiebacks to the Alvheim FPSO.
The recent discoveries in the Frosk area have opened up new potential near Bøyla. A production test well has been drilled and is producing from the Frosk field through the Bøyla facility and based on the production results, a forward development plan will be determined.
