Norway: Alvheim field produces 300 millionth barrel of oil

Det norske, an independent oil company from Norway, has reached a production milestone at its Alvheim field in the Norwegian sector of the North Sea.

According the company, the Alvheim-area, producing through an FPSO vessel, passed 300 million barrels of oil on August 17, 2015, beating the company’s expectations.

“The field has delivered excellent results and been further developed with new wells and fields since start-up in June 2008. The positive development does not end here because there is still remaining resources to exploit in the area,” said the Det norske’s Senior Vice President Operations Geir Solli.

The average daily production from the 25 producing wells in the greater Alvheim area (Alvheim, Vilje, Volund and Bøyla Fields) is currently around 100 000 barrels of oil equivalents (around 90 per cent oil).

“This achievement is a result of many years with thorough planning, strong implementation and operation, good teamwork – and use of solid standardized technological solutions. The Greater Alvheim Area exceeds all of our expectations from the start up back in June 2008. This success is made possible thanks to the whole organization, both on- and offshore and the cooperation with our license partners in the area,” says Geir Solli.

The greater Alvheim area comprises of the discoveries Alvheim (Kneler, Boa and Kameleon) and the fields Vilje, Volund and Bøyla. Alvheim is developed with the floating production, storage and offloading (FPSO) vessel, Alvheim FPSO and subsea wells.

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