The well was drilled with the semi-submersible rig Transocean Leader and reached a total depth of 2,722m in the Paleocene Våle formation. The Alvheim field was discovered in 1998 and well 24/6-2 was drilled to test the hydrocarbons potential of the A2 North Heimdal T60 sand prospect within the Lista Formation in the northern part of the licence acreage in block 24/6. The field is situated at a water depth of 122m. The field is operated by Marathon Oil (which has a 65% share) on behalf of Norske ConocoPhillips (20%) and Lundin Petroleum (15%). The Alvheim field lies on the Norwegian Continental Shelf, west of Heimdal, in production licence PL 203.
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