Within the current quarter, Marathon expects to start production from its much-delayed Alvheim cluster development on the Norwegian Continental Shelf.

ALVHEIM is located west of the Heimdal field on production licence PL 203 and the first discovery well was drilled in 1998. Well 24/6-2 was originally planned to test the hydrocarbon potential of the A2 North Heimdal T60 sand prospect within what is known as the Lista Formation in the northern part of the licence acreage in block 24/6.

THE Alvheim production ship is, as indicated earlier, a rebuild of an existing vessel. The Odin had been competed as a tanker to a flexible design originally developed by Aker.