VOLVE
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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 toShut down22.09.2016Producing12.02.200821.09.2016Approved for production22.04.200511.02.2008 -
Located in
Located in Block nameProd. licence15/9 -
PDO – Plan for Development and Operations
PDO – Plan for Development and Operations Date PDO approvedDescriptionType22.04.2005Kronprinsregenten i StatsrådPDO -
Ownership — full history
Ownership — full history Owner kindOwner nameOwnership from dateOwnership to datePRODUCTION LICENSE19.02.2021PRODUCTION LICENSE28.11.200631.12.2017BUSINESS ARRANGEMENT AREA22.04.200527.11.2006 -
Operatorship — full history
Operatorship — full history Company nameOperatorship fromOperatorship to01.01.202330.06.202231.12.202219.02.202129.06.202201.11.200931.12.201701.01.200931.10.200901.10.200731.12.200822.04.200530.09.2007 -
Licensees — full history
Licensees — full history Company nameNation codeCompany share [%]Date licensee fromDate licensee toNO50.00000001.01.2023NO50.00000001.01.2023NO50.00000024.10.202231.12.2022NO50.00000024.10.202231.12.2022NO50.00000030.06.202223.10.2022NO50.00000030.06.202223.10.2022NO50.00000019.02.202129.06.2022NO50.00000019.02.202129.06.2022NO59.60000022.12.201731.12.2017NO30.40000022.12.201731.12.2017NO10.00000022.12.201731.12.2017NO59.60000011.12.201721.12.2017NO30.40000011.12.201721.12.2017NO10.00000011.12.201721.12.2017NO59.60000002.11.200910.12.2017NO30.40000002.11.200910.12.2017NO10.00000002.11.200910.12.2017NO59.60000023.03.200901.11.2009NO30.40000023.03.200901.11.2009NO10.00000023.03.200901.11.2009NO59.60000021.01.200922.03.2009NO30.40000021.01.200922.03.2009NO10.00000021.01.200922.03.2009NO59.60000001.01.200920.01.2009NO30.40000001.01.200920.01.2009NO10.00000001.01.200920.01.2009NO49.60000001.10.200731.12.2008NO30.40000001.10.200731.12.2008NO10.00000001.10.200731.12.2008NO10.00000001.10.200731.12.2008NO49.60000001.01.200730.09.2007NO30.40000001.01.200730.09.2007NO10.00000001.01.200730.09.2007NO10.00000001.01.200730.09.2007NO49.60000029.11.200631.12.2006NO30.40000029.11.200631.12.2006NO10.00000029.11.200631.12.2006NO10.00000029.11.200631.12.2006NO49.60000028.11.200628.11.2006NO30.40000028.11.200628.11.2006NO10.00000028.11.200628.11.2006NO10.00000028.11.200628.11.2006NO49.60000022.04.200527.11.2006NO30.40000022.04.200527.11.2006NO10.00000022.04.200527.11.2006NO10.00000022.04.200527.11.2006 -
Description
Description TypeTextDate updatedDevelopmentVolve is a field in the central part of the North Sea, five kilometres north of the Sleipner Øst field. The water depth is 80 metres. Volve was discovered in 1993, and the plan for development and operation (PDO) was approved in 2005. The field was developed with a jack-up processing and drilling facility. The vessel "Navion Saga" was used for storing stabilised oil. The production started in 2008.09.12.2023ReservoirVolve produced oil from sandstone of Middle Jurassic age in the Hugin Formation. The reservoir is at a depth of 2700-3100 metres. The western part of the structure is heavily faulted and communication across the faults is uncertain.09.12.2023Recovery strategyThe field was produced with water injection for pressure support.28.02.2023TransportThe oil was exported by tankers and the rich gas was transported to the Sleipner A facility for further export.28.02.2023StatusVolve was shut down in 2016, and the facility was removed in 2018.09.12.2023 -
Investments (expected)
Investments (expected) -
Investments (historical)
Investments (historical) Investments
[mill NOK nominal values]Sum468920210202002019020180201702016-5201510201430120139682012371201137201074200930020086962007117020065832005184 -
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]Sum10.1719340.8125580.0893840.30330211.3771780.0000000.0000000.0000000.0000000.0000000.3266740.0280200.0000000.0026130.3573070.8807510.0004580.0000000.0136130.8948220.7598400.0138410.0003890.0067860.7808560.5723170.0399640.0012210.0055200.6190220.5865920.0454680.0026520.0113100.6460220.8594040.0767750.0064660.0245400.9671851.6985540.1567270.0170010.0562101.9284922.7174020.2965340.0354500.1155343.1649201.7704000.1547710.0262050.0671762.018552 -
Production , sum wellbores
Production , sum wellbores MonthGross - oil
[mill Sm3]Gross - gas
[bill Sm3]Gross - condensate
[mill Sm3]Gross - oil equivalents
[mill Sm3]Sum10.0695541.4494910.00000011.5190450.0000000.0000000.0000000.0000000.3133690.0501270.0000000.3634960.8617480.1284250.0000000.9901730.7431080.1124720.0000000.8555800.5580120.0875890.0000000.6456010.5742100.0902080.0000000.6644180.8479660.1303200.0000000.9782861.6901700.2439850.0000001.9341552.7150760.3803460.0000003.0954221.7658950.2260190.0000001.991914 -
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 datePurposeStatusContent25.07.199709.11.1997APPRAISALP&AOIL09.11.199702.02.1998APPRAISALP&ASHOWS18.11.199231.01.1993WILDCATSUSPENDEDDRY17.02.199329.04.1993WILDCATSUSPENDEDOIL18.07.199725.07.1997WILDCATP&AOIL -
Wellbores – development
Wellbores – development Wellbore nameEntered dateCompleted datePurposeContent23.07.201321.08.2013OBSERVATIONOIL23.08.201327.08.2013OBSERVATIONOIL29.08.201308.09.2013INJECTIONWATER21.02.201418.03.2014PRODUCTIONOIL13.10.200709.03.2008INJECTIONWATER18.12.200701.08.2008INJECTIONWATER16.09.200706.10.2007PRODUCTIONWATER30.08.200802.09.2008PRODUCTIONWATER01.07.200909.07.2009PRODUCTIONWATER06.04.200908.06.2009OBSERVATIONNOT APPLICABLEOBSERVATIONPRODUCTION07.03.201312.05.2013OBSERVATIONOIL14.05.201326.05.2013OBSERVATIONOIL28.05.201315.06.2013PRODUCTIONOIL14.06.200727.08.2007PRODUCTIONOIL05.12.200717.06.2008PRODUCTIONOIL24.12.200705.12.2008OBSERVATIONNOT APPLICABLE11.12.200810.01.2009OBSERVATIONNOT APPLICABLE13.01.200916.01.2009OBSERVATIONNOT APPLICABLE18.01.200915.02.2009PRODUCTIONOIL10.11.201307.12.2013PRODUCTIONOIL -
Wellbores – other
Wellbores – other Wellbore nameEntered dateCompleted datePurposeStatus