Volve Oil Field

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

1. NPD, Volve
2. Volve development approved
3. Aker Kvaerner awarded Volve drilling and production risers
4. Volve module en route
5. Volve on stream
6. Delineation of the Volve field in the North Sea