NCS: Extended life for AlveAlve development. Source: NPD

NCS: Extended life for Alve

Equinor has received consent from the Norwegian authorities to use the facilities on the Alve field beyond their original operating life.

Consent for operation of the Alve field expires on 31 December 2021. In order to recover the remaining reserves from the field, Equinor received consent to extend the operating life of the facilities on the field until 31 December 2036.

The Alve gas and condensate field is developed as a subsea satellite field tied back to the Norne field’s production vessel.

Norne area. Source: Faroe Petroleum, Norwegian Asset Swap with Equinor, 2018

Alve was discovered in 1990, and the PDO was approved in 2007. Production began in 2009.

Alve produces oil and gas from sandstone of Early and Middle Jurassic age in the Tilje, Not and Garn Formations. The reservoir lies at a depth of 3,600 m and has moderate to good quality.

Recoverable reserves are estimated to be 6,78 billion cubic metres of gas and 8.3 million barrels of condensate.