Factpages Norwegian petroleum directorate
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VOLUND

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  • General information

    General information
    Attribute Value
    Field name
    Official field name
    VOLUND
    Factmaps in new window
    Current activity status
    Current activity status of the field. Example of legal values: SHUT DOWN, PRODUCING, PDO APPROVED
    Producing
    Discovery wellbore
    Name of the wellbore which proved the field.
    Discovery year.
    The year the field was discovered
    1994
    Main area
    Main NCS area. Example of legal values: NORTH SEA, NORWEGIAN SEA, BARENTS SEA
    North sea
    Main supply base
    Main supply base
    NPDID field
    NPD's unique id for fields
    4380167
  • Picture

    Picture
    VOLUND Field
  • Discoveries included

    Discoveries included
    Discovery name
  • Activity status – history

    Activity status – history
    Status
    Status from
    Status to
    Producing
    10.09.2009
    Approved for production
    18.01.2007
    09.09.2009
  • Located in

    Located in
    Block name
    Prod. licence
    24/9
  • Owner – current

    Owner – current
    Owner kind
    Owner name
    PRODUCTION LICENSE
  • Operatorship – current

    Operatorship – current
    Company name
  • Licensees – current

    Licensees – current
    Company name
    Nation code
    Company share [%]
    NO
    65.000000
    NO
    35.000000
  • The NPD estimate for reserves (Norwegian share)

    The NPD estimate for reserves (Norwegian share)
    Valid date:
    31.12.2021
    The NPD estimate for reserves (Norwegian share)
    Orig. recoverable oil
    [mill Sm3]
    Orig. recoverable gas
    [bill Sm3]
    Orig. recoverable NGL
    [mill tonn]
    Orig. recoverable cond.
    [mill Sm3]
    Orig. recoverable oil eq.
    [mill Sm3 o.e]
    12.76
    1.58
    0.00
    0.00
    14.34
    The NPD estimate for reserves (Norwegian share)
    Orig. inplace oil
    [mill Sm3]
    Orig. inplace ass. liquid
    [mill Sm3]
    Orig. inplace ass. gas
    [bill Sm3]
    Orig. inplace free gas
    [bill Sm3]
    21.70
    0.00
    2.40
    2.30
    The NPD estimate for reserves (Norwegian share)
    Remaining oil
    [mill Sm3]
    Remaining gas
    [bill Sm3]
    Remaining NGL
    [mill tonn]
    Remaining cond.
    [mill Sm3]
    Remaining oil eq.
    [mill Sm3 o.e]
    1.18
    0.15
    0.00
    0.00
    1.33
  • Description

    Description
    Type
    Text
    Date updated
    Development
    Volund is a field in the North Sea, 10 kilometres south of the Alvheim field. The water depth is 120 metres. Volund was discovered in 1994, and the plan for development and operation (PDO) was approved in 2007. The field was developed with a subsea template including four horizontal subsea production wells and one injection well tied to the Alvheim production, storage and offloading vessel (FPSO). Production started in 2009. An additional subsea template was installed later.
    26.02.2020
    Reservoir
    Volund produces oil from Paleocene sandstone in the Hermod Formation. The deposit is a unique injectite trap. The sand was remobilised in the early Eocene and injected into the overlying Balder Formation. The reservoir lies at a depth of 2,000 metres and has excellent quality.
    25.04.2019
    Recovery
    The field is produced with significant pressure support from the aquifer and with injection of produced water delivered from the Alvheim FPSO.
    16.03.2018
    Transport
    The well stream is routed by pipeline to the Alvheim FPSO. The oil is offloaded to shuttle tankers, and the associated gas is transported to the Scottish Area Gas Evacuation (SAGE) pipeline system and further to St Fergus in the UK.
    26.02.2020
    Status
    Additional wells drilled on the Volund have resulted in significantly increased production. Water cut on the field is increasing.
    22.12.2021
  • Investments (expected)

    Investments (expected)
    Future investments from 2021 [mill NOK 2021-kroner] : 488
  • Investments (historical)

    Investments (historical)
    Investments
    [mill NOK nominal values]
    Sum
    5570
    2020
    0
    2019
    248
    2018
    7
    2017
    878
    2016
    481
    2015
    122
    2014
    94
    2013
    120
    2012
    435
    2011
    34
    2010
    748
    2009
    1257
    2008
    626
    2007
    502
    2006
    0
    2005
    18
    2004
    0
  • Production , saleable

    Production , saleable
    Month
    Net - oil
    [mill Sm3]
    Net - gas
    [bill Sm3]
    Net - condensate
    [mill Sm3]
    Net - NGL
    [mill Sm3]
    Net - oil equivalents
    [mill Sm3]
    Sum
    11.743017
    1.504064
    0.000000
    0.000000
    13.247081
    2022
    0.152929
    0.063403
    0.000000
    0.000000
    0.216332
    2021
    0.284245
    0.069279
    0.000000
    0.000000
    0.353524
    2020
    0.478704
    0.096068
    0.000000
    0.000000
    0.574772
    2019
    0.644175
    0.144326
    0.000000
    0.000000
    0.788501
    2018
    0.894592
    0.165952
    0.000000
    0.000000
    1.060544
    2017
    0.575045
    0.078182
    0.000000
    0.000000
    0.653227
    2016
    0.401217
    0.051964
    0.000000
    0.000000
    0.453181
    2015
    0.723939
    0.110102
    0.000000
    0.000000
    0.834041
    2014
    1.092825
    0.128329
    0.000000
    0.000000
    1.221154
    2013
    1.864418
    0.166174
    0.000000
    0.000000
    2.030592
    2012
    1.990009
    0.180541
    0.000000
    0.000000
    2.170550
    2011
    1.830952
    0.170803
    0.000000
    0.000000
    2.001755
    2010
    0.801230
    0.078116
    0.000000
    0.000000
    0.879346
    2009
    0.008737
    0.000825
    0.000000
    0.000000
    0.009562
    2008
    0.000000
    0.000000
    0.000000
    0.000000
    0.000000
  • Production , sum wellbores

    Production , sum wellbores
    Month
    Gross - oil
    [mill Sm3]
    Gross - gas
    [bill Sm3]
    Gross - condensate
    [mill Sm3]
    Gross - oil equivalents
    [mill Sm3]
    Sum
    11.753355
    1.637474
    0.000000
    13.390829
    2022
    0.152929
    0.068641
    0.000000
    0.221570
    2021
    0.284245
    0.078287
    0.000000
    0.362532
    2020
    0.478704
    0.104552
    0.000000
    0.583256
    2019
    0.644175
    0.154178
    0.000000
    0.798353
    2018
    0.894592
    0.175884
    0.000000
    1.070476
    2017
    0.575045
    0.082560
    0.000000
    0.657605
    2016
    0.401217
    0.060732
    0.000000
    0.461949
    2015
    0.723939
    0.121735
    0.000000
    0.845674
    2014
    1.092825
    0.141420
    0.000000
    1.234245
    2013
    1.864418
    0.179294
    0.000000
    2.043712
    2012
    1.996013
    0.197755
    0.000000
    2.193768
    2011
    1.835198
    0.184896
    0.000000
    2.020094
    2010
    0.801220
    0.086590
    0.000000
    0.887810
    2009
    0.008835
    0.000950
    0.000000
    0.009785
    2008
    0.000000
    0.000000
    0.000000
    0.000000
  • Production – charts

    Production – charts
    Production – charts
    Production – charts
    Production – charts
    Production – charts
    Production – charts
    Any produced water is only included after 1.1.2000
  • Wellbores – exploration

    Wellbores – exploration
    Wellbore name
    Entered date
    Completed date
    Purpose
    Status
    Content
    07.12.1993
    26.01.1994
    WILDCAT
    P&A
    OIL
    01.02.1994
    07.03.1994
    APPRAISAL
    P&A
    OIL
    02.03.2004
    25.03.2004
    APPRAISAL
    P&A
    OIL/GAS
    25.03.2004
    29.03.2004
    APPRAISAL
    P&A
    OIL/GAS
    05.04.2004
    11.04.2004
    APPRAISAL
    P&A
    OIL
  • Wellbores – development

    Wellbores – development
    Wellbore name
    Entered date
    Completed date
    Purpose
    Content
    17.02.2009
    OBSERVATION
    NOT APPLICABLE
    PRODUCTION
    24.12.2009
    18.01.2010
    OBSERVATION
    OIL/GAS
    29.01.2010
    24.02.2010
    PRODUCTION
    OIL/GAS
    25.02.2010
    14.04.2010
    PRODUCTION
    OIL/GAS
    11.11.2009
    05.12.2009
    OBSERVATION
    OIL/GAS
    06.12.2009
    13.05.2010
    PRODUCTION
    OIL/GAS
    15.04.2019
    23.04.2019
    PRODUCTION
    OIL
    12.02.2009
    12.03.2009
    OBSERVATION
    NOT APPLICABLE
    18.03.2009
    31.03.2009
    INJECTION
    WATER
    11.04.2009
    30.04.2009
    PRODUCTION
    OIL/GAS
    04.05.2009
    22.05.2009
    PRODUCTION
    OIL/GAS
    31.08.2021
    18.09.2021
    PRODUCTION
    OIL
    08.09.2012
    02.10.2012
    OBSERVATION
    OIL
    04.10.2012
    23.10.2012
    PRODUCTION
    OIL
    05.02.2016
    09.03.2016
    OBSERVATION
    NOT APPLICABLE
    10.03.2016
    29.03.2016
    PRODUCTION
    OIL
    19.02.2016
    22.04.2016
    OBSERVATION
    OIL
    23.04.2016
    21.05.2016
    PRODUCTION
    OIL
    22.05.2016
    01.06.2016
    PRODUCTION
    OIL
    02.07.2016
    21.01.2017
    PRODUCTION
    OIL
    25.06.2016
    19.12.2016
    OBSERVATION
    NOT APPLICABLE
    20.12.2016
    28.12.2016
    OBSERVATION
    OIL
    23.01.2017
    13.04.2017
    PRODUCTION
    OIL
    14.04.2017
    07.05.2017
    PRODUCTION
    OIL
    08.05.2017
    16.05.2017
    PRODUCTION
    OIL
  • Wellbores – other

    Wellbores – other
    Wellbore name
    Entered date
    Completed date
    Purpose
    Status