Volve Oil Field
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Summary Information
- Operator: Statoil
- Country: Norway
- Location: 200 kilometres west of Stavanger
- Production start: 200 kilometres west of Stavanger
- Partners: StatoilHydro (operator) (59.6%), Exxon Mobil (30.4%) and PA Resources (10.0%)
- Type: Oil & Gas
- Estimated Reserves: Original
- 8.7 million Sm³ oil, 0.8 billion Sm³ gas, 0.2 million tonnes NGL, 0.1 million Sm³ condensate
- Production Volume:
+++ Description
- Volve is an oil field located in the central part of the North Sea, approximately eight kilometres north of Sleipner Øst.
- The water depth in the area is about 80 metres. The development concept is a jack-up processing and drilling facility and the vessel “Navion Saga” for storing stabilised oil.
- The rich gas is transported to Sleipner A for further export. The oil is exported by tankers
+++ Contractors
- **Maersk:** Supply and operation of jack up rig
- **Vetco Aibel:** Fabrication of process & wellhead modules
- **Aker Kvaerner:** Drilling and production risers
+++ History
- 1993 - Volve Oil Field discovered
- 2005 - Government approval granted for development
- 2008 - Volve Oil Field came onstream
+++ Geology
- The reservoir contains oil in a combined stratigraphic and structural trap in Jurassic sandstones in the Hugin Formation.
- The reservoir lies at a depth of 2 750 – 3 120 metres. The western part of the structure is heavily faulted and communication across the faults is uncertain.
+++ Links
