The consent is for the drilling and completion of pilot wells 15/9 F-10 and 15/9-F-10A, as well as production well 15/9-F-10 B.
The consent is an extension of the previous consent granted 23 January 2007. (Link)
In April 2005, Plan for Development and Operation (PDO) for Volve was approved by the Prince Regent in Council.
The Volve oil field is located 200 kilometers to the west of Stavanger. There are several gas and condensate fields in the area around Volve. None of these fields have an infrastructure which would make it practical to phase in Volve. As a result, Volve was planned as an stand-alone development.
Volve with Sleipner in the background (Source: StatoilHydro)
The development concept for Volve includes the use of the jackup drilling and production facility Mærsk Inspirer and a storage facility (Navion Saga) for the storage of stabilized oil.