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.
|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%)|