Continuous reserves growth in the Alvheim Area has seen ultimate recoverable reserve estimates increase by over 90% since PDO
Production from all three fields is routed to the Alvheim Floating Production Storage and Offloading (FPSO) vessel, which is owned by the partners in the Alvheim field. Oil is processed and stored on the FPSO before being buoy-loaded to tankers. The gas is routed by pipeline via the British SAGE system (Scottish Area Gas Evacuation) to St. Fergus in Scotland. The area has continuously exceeded expectations by providing new infill well targets and tie-back developments to mitigate the natural production decline and add new reserves.
The Alvheim field consists of the Kameleon, Boa, Kneler and East Kameleon hydrocarbon deposits. Boa is partly located on the UK shelf. In addition, the Viper/Kobra accumulations, which commenced production in 2016, have been developed as a subsea tie-back to the Alvheim FPSO through the Volund subsea facility.
Both the Volund field and the Bøyla field were developed as subsea tie-backs to the Alvheim FPSO.