Difference between revisions of "Alve Gas and Condensate Field"
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* 2009 - Alve came on stream | * 2009 - Alve came on stream | ||
* 2017 - Ineos acquired a 15% stake from DONG | * 2017 - Ineos acquired a 15% stake from DONG | ||
+ | * 2018 - Equinor sold a stake to Faroe Petroleum | ||
* 2021 - PGNIG agreed to acquire a 15% stake from Ineos | * 2021 - PGNIG agreed to acquire a 15% stake from Ineos | ||
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# [http://killajoules.wikidot.com/archive:alve-on-stream/ Alve on stream] | # [http://killajoules.wikidot.com/archive:alve-on-stream/ Alve on stream] | ||
# [https://abarrelfull.blogspot.com/2021/03/ineos-to-buy-entire-oil-gas-business.html INEOS to buy the entire Oil & Gas business from DONG Energy A/S for a headline price of $1.05 billion plus $250m contingent] | # [https://abarrelfull.blogspot.com/2021/03/ineos-to-buy-entire-oil-gas-business.html INEOS to buy the entire Oil & Gas business from DONG Energy A/S for a headline price of $1.05 billion plus $250m contingent] | ||
+ | # [https://abarrelfull.blogspot.com/2022/12/equinor-strengthens-its-position-in.html Equinor strengthens its position in the Norwegian Sea] | ||
# [https://a-barrel-full.blogspot.com/2021/03/ineos-energy-to-sell-its-norwegian-oil.html INEOS Energy to sell its Norwegian oil and gas business to PGNiG for $615m] | # [https://a-barrel-full.blogspot.com/2021/03/ineos-energy-to-sell-its-norwegian-oil.html INEOS Energy to sell its Norwegian oil and gas business to PGNiG for $615m] | ||
Latest revision as of 13:16, 30 December 2022
Summary Information
- Operator: Equinor
- Country: Norway
- Location: 16 kilometres southwest of the Norne Oil Field in the Norwegian Sea
- Production start: 2009
- Partners: Equinor 85 %, Ineos 15 %
- Type: Gas And Condensate
- Estimated Reserves: Recoverable reserves are estimated to be 6,78 billion cubic metres of gas and 8.3 million barrels of condensate
- Production Volume:
Description
- Alve lies in production licence 159B, about 16 kilometres south-west of Norne. The field embraces the Garn, Not Ile and Tilje formations. The proven reserves lie in Garn and Not.
- The quality of the reservoir at Alve is such that one well ensures good production. Expected maximum gas production is roughly four million cubic metres of gas per day.
- Recoverable reserves are estimated to be 6,78 billion cubic metres of gas and 8.3 million barrels of condensate
- Production is delivered from the Alve field to the FPSO on the Norne Oil Field
Contractors
- **Acergy:** Installation of a 16 kilometres well control umbilical, a production riser, DEH feeder cable, template, spool and associated structures, together with tie-in work
- **Technip and Subsea 7:** project management, engineering, procurement, installation, installation support and pre-commissioning of a rigid production flowline
- **Aker Kvaerner:** Modification of Norne Topsides
History
- 1990 - Alve was discovered
- 2007 - Plan for development and operation (PDO) approved by the Ministry of Petroleum and Energy
- 2007 - Acergy awarded umbilical contract
- 2007 - Aker Kvaerner awarded contract for modification of the Norne FPSO topside
- 2009 - Alve came on stream
- 2017 - Ineos acquired a 15% stake from DONG
- 2018 - Equinor sold a stake to Faroe Petroleum
- 2021 - PGNIG agreed to acquire a 15% stake from Ineos
Geology
- The reservoir is in Jurassic sandstones of the Garn, Not, Ile and Tilje Formations. The reservoir lies at a depth of about 3 600 metres.
Links
- NPD, Alve
- Alve, Statoil
- Acergy S.A. $120 million contract awards in Northern Europe
- Aker Kvaerner wins contract for modification of Statoil Norne FPSO
- Technip-Subsea 7 joint venture awarded contract for the Alve field development in Norway
- Alve on stream
- INEOS to buy the entire Oil & Gas business from DONG Energy A/S for a headline price of $1.05 billion plus $250m contingent
- Equinor strengthens its position in the Norwegian Sea
- INEOS Energy to sell its Norwegian oil and gas business to PGNiG for $615m