Alve field begins production

Production has begun from the Alve gas and condensate field in the Norwegian Sea, according to StatoilHydro.

Offshore staff

OSLO -- Production has begun from the Alve gas and condensate field in the Norwegian Sea, according to StatoilHydro. Alve is developed as a subsea satellite field tied back to the Norne field's production vessel. Gas will be exported through the pipeline systems established at Norne.

Expected maximum gas production is roughly 4 MMcm/d of gas. Recoverable reserves are estimated to be 6.78 bcm of gas and 8.3 MMbbl of condensate.

03/20/2009

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