PRODUCTION FROM THE FIELD
Source: Norwegian Offshore Directorate
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Development
Volve 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.Reservoir
Volve 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.Recovery strategy
The field was produced with water injection for pressure support.Transport
The oil was exported by tankers and the rich gas was transported to the Sleipner A facility for further export.Status
Volve was shut down in 2016, and the facility was removed in 2018.ACCRUED INVESTMENTS IN NOMINAL NOK
Source: Norwegian Offshore Directorate
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NORWEGIAN OFFSHORE DIRECTORATE'S CURRENT RESOURCE ESTIMATES
All numbers in mill. Sm3 o.e.
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