VOLUND
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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 toProducing10.09.2009Approved for production18.01.200709.09.2009 -
Located in
Located in Block nameProd. licence24/9 -
PDO – Plan for Development and Operations
PDO – Plan for Development and Operations Date PDO approvedDescriptionType18.01.2007Kongen i statsrådPDO -
Ownership — full history
Ownership — full history Owner kindOwner nameOwnership from dateOwnership to datePRODUCTION LICENSE18.01.2007 -
Operatorship — full history
Operatorship — full history Company nameOperatorship fromOperatorship to30.09.201631.10.201429.09.201616.10.201430.10.201404.07.201115.10.201418.01.200703.07.2011 -
Licensees — full history
Licensees — full history Company nameNation codeCompany share [%]Date licensee fromDate licensee toNO100.00000001.01.2023NO65.00000030.06.202231.12.2022NO35.00000030.06.202231.12.2022NO65.00000001.04.202029.06.2022NO35.00000001.04.202029.06.2022NO65.00000030.09.201631.03.2020NO35.00000030.09.201631.03.2020NO65.00000031.10.201429.09.2016NO35.00000031.10.201429.09.2016NO65.00000016.10.201430.10.2014NO35.00000016.10.201430.10.2014NO65.00000004.07.201115.10.2014NO35.00000004.07.201115.10.2014NO65.00000018.01.200703.07.2011NO35.00000018.01.200703.07.2011 -
Description
Description TypeTextDate updatedDevelopmentVolund is a field in the North Sea, 10 kilometres south of the Alvheim field. The water depth is 120 metres. Volund was discovered in 1994, and the plan for development and operation (PDO) was approved in 2007. The field was developed with a subsea template including four horizontal subsea production wells and one injection well tied to the Alvheim production, storage and offloading vessel (FPSO). The production started in 2009. An additional subsea template was installed subsequently.14.12.2023ReservoirVolund produces oil from Paleocene sandstone in the Hermod Formation. The deposit is a unique injectite trap. The sand was remobilised in the early Eocene and injected into the overlying Balder Formation. The reservoir is at a depth of 2000 metres and has excellent quality.09.12.2023Recovery strategyThe field is produced with significant pressure support from the aquifer and with injection of produced water delivered from the Alvheim FPSO.28.02.2023TransportThe well stream is routed by pipeline to the Alvheim FPSO. The oil is offloaded to shuttle tankers, and the associated gas is transported to the Scottish Area Gas Evacuation (SAGE) pipeline system and further to St Fergus in the UK.28.02.2023StatusThe recoverable volume estimates are significantly higher than in the PDO, partly because of additional wells drilled on the field. However, the production from Volund is declining due to increasing water cut.13.12.2023 -
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.6 -
Investments (historical)
Investments (historical) Investments
[mill NOK nominal values]Sum60472022-1020214872020020192482018720178782016481201512220149420131202012435201134201074820091257200862620075022006020051820040 -
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]Sum11.9245501.5699540.0000000.00000013.4945040.0467080.0105350.0000000.0000000.0572430.0992920.0426590.0000000.0000000.1419510.1884240.0760990.0000000.0000000.2645230.2842450.0692790.0000000.0000000.3535240.4787420.0960680.0000000.0000000.5748100.6441750.1443260.0000000.0000000.7885010.8945920.1659520.0000000.0000001.0605440.5750450.0781820.0000000.0000000.6532270.4012170.0519640.0000000.0000000.4531810.7239390.1101020.0000000.0000000.8340411.0928250.1283290.0000000.0000001.2211541.8644180.1661740.0000000.0000002.0305921.9900090.1805410.0000000.0000002.1705501.8309520.1708030.0000000.0000002.0017550.8012300.0781160.0000000.0000000.8793460.0087370.0008250.0000000.0000000.0095620.0000000.0000000.0000000.0000000.000000 -
Production , sum wellbores
Production , sum wellbores MonthGross - oil
[mill Sm3]Gross - gas
[bill Sm3]Gross - condensate
[mill Sm3]Gross - oil equivalents
[mill Sm3]Sum11.9348881.7166230.00000013.6515110.0467080.0138320.0000000.0605400.0992920.0504460.0000000.1497380.1884240.0835100.0000000.2719340.2842450.0782870.0000000.3625320.4787420.1045540.0000000.5832960.6441750.1541780.0000000.7983530.8945920.1758840.0000001.0704760.5750450.0825600.0000000.6576050.4012170.0607320.0000000.4619490.7239390.1217350.0000000.8456741.0928250.1414200.0000001.2342451.8644180.1792940.0000002.0437121.9960130.1977550.0000002.1937681.8351980.1848960.0000002.0200940.8012200.0865900.0000000.8878100.0088350.0009500.0000000.0097850.0000000.0000000.0000000.000000 -
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 datePurposeStatusContent07.12.199326.01.1994WILDCATP&AOIL01.02.199407.03.1994APPRAISALP&AOIL02.03.200425.03.2004APPRAISALP&AOIL/GAS25.03.200429.03.2004APPRAISALP&AOIL/GAS05.04.200411.04.2004APPRAISALP&AOIL -
Wellbores – development
Wellbores – development Wellbore nameEntered dateCompleted datePurposeContent28.01.200917.02.2009OBSERVATIONNOT APPLICABLEPRODUCTION24.12.200918.01.2010OBSERVATIONOIL/GAS29.01.201024.02.2010PRODUCTIONOIL/GAS25.02.201014.04.2010PRODUCTIONOIL/GAS11.11.200905.12.2009OBSERVATIONOIL/GAS06.12.200913.05.2010PRODUCTIONOIL/GAS15.04.201923.04.2019PRODUCTIONOIL12.02.200912.03.2009OBSERVATIONNOT APPLICABLE18.03.200931.03.2009INJECTIONWATER11.04.200930.04.2009PRODUCTIONOIL/GAS04.05.200922.05.2009PRODUCTIONOIL/GAS31.08.202118.09.2021PRODUCTIONOIL08.09.201202.10.2012OBSERVATIONOIL04.10.201223.10.2012PRODUCTIONOIL02.07.201621.01.2017PRODUCTIONOIL25.06.201619.12.2016OBSERVATIONNOT APPLICABLE20.12.201628.12.2016OBSERVATIONOIL23.01.201713.04.2017PRODUCTIONOIL14.04.201707.05.2017PRODUCTIONOIL08.05.201716.05.2017PRODUCTIONOIL -
Wellbores – other
Wellbores – other Wellbore nameEntered dateCompleted datePurposeStatus