ALVE NORD
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General information
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Picture
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Discoveries included
Discoveries included Discovery name -
Activity status — history
Activity status — history StatusStatus fromStatus toApproved for production28.06.2023 -
Located in
Located in Block nameProd. licence6607/12 -
PDO – Plan for Development and Operations
PDO – Plan for Development and Operations Date PDO approvedDescriptionType28.06.2023Alve NordPDO -
Ownership — full history
Ownership — full history Owner kindOwner nameOwnership from dateOwnership to datePRODUCTION LICENSE28.06.2023 -
Operatorship — full history
Operatorship — full history Company nameOperatorship fromOperatorship to28.06.2023 -
Licensees — full history
Licensees — full history Company nameNation codeCompany share [%]Date licensee fromDate licensee toNO68.08250028.06.2023NO20.00000028.06.2023NO11.91750028.06.2023 -
Description
Description TypeTextDate updatedDevelopmentAlve Nord is a field in the northern part of the Norwegian Sea, 40 kilometres northeast of the Skarv field. The water depth is 380 metres. Alve Nord was discovered in 2011, and the plan for development and operation (PDO) was approved in June 2023. The development concept includes a subsea template with two production wells tied-back to the Skarv floating, production, storage and offloading vessel (FPSO).09.12.2023ReservoirThe reservoirs contain oil and gas in the Lower Jurassic Båt Group and the Middle Jurassic Fangst Group, and gas in the Early Cretaceous Lange Formation. The Lange Formation reservoir is at a depth of 3000 metres and the Jurassic reservoirs at about 3600-4000 metres. The reservoir properties are varying.09.12.2023Recovery strategyThe field will be produced by pressure depletion.12.08.2023TransportThe gas will be exported via the Åsgard Transport System (ÅTS) to the terminal at Kårstø. Oil and condensate will be offloaded from the Skarv FPSO to shuttle tankers.09.12.2023StatusAlve Nord is being developed together with Ørn and Idun Nord as part of the Skarv Satellite Project (SSP). The production is planned to start in 2027.12.08.2023 -
Investments (expected)
Investments (expected) The operator's future investments related to the reserves from 2023 [mill NOK 2023-kroner]. The stated investment estimate has not been corrected for possible investment sharing.6602 -
Investments (historical)
Investments (historical) Investments
[mill NOK nominal values]Sum83202283202102020020190201802017020160201502014020130 -
Production , saleable
Production , saleable MonthNet - oil
[mill Sm3]Net - gas
[bill Sm3]Net - condensate
[mill Sm3]Net - NGL
[mill Sm3]Net - oil equivalents
[mill Sm3] -
Production , sum wellbores
Production , sum wellbores MonthGross - oil
[mill Sm3]Gross - gas
[bill Sm3]Gross - condensate
[mill Sm3]Gross - oil equivalents
[mill Sm3] -
Production – charts
Production – charts Production – charts Production – charts Production – charts Production – charts Production – charts Any produced water is only included after 1.1.2000 -
Wellbores – exploration
Wellbores – exploration Wellbore nameEntered dateCompleted datePurposeStatusContent22.07.201125.10.2011WILDCATSUSPENDEDOIL/GAS -
Wellbores – development
Wellbores – development Wellbore nameEntered dateCompleted datePurposeContent -
Wellbores – other
Wellbores – other Wellbore nameEntered dateCompleted datePurposeStatus08.06.202310.06.2023SHALLOW GASPLUGGED