Huldra has been developed with a wellhead platform which ranks as the first Statoil offshore installation designed for normally unstaffed operation.  This facility is being run from Veslefrikk B.

The gas and condensate (light oil) field was brought on stream in November 2001. Production was terminated on 3 September 2014. 

Huldra lies in blocks 30/2 and 30/3, about 16 kilometres from Veslefrikk.

Gas from Huldra was piped in a dedicated 140-kilometre line to the Heimdal field for processing and onward transmission by pipeline to continental Europe. Condensate was piped to Veslefrikk for processing.

Statoil proved the field in 1982, and development work began in the spring of 1999.

Aker Verdal in mid-Norway built the platform jacket, which was towed out and placed on the field in the summer of 2000. The Mærsk Gallant rig started drilling production wells immediately afterwards.

Constructed at Kværner's Rosenberg yard in Stavanger, the Huldra topside was shipped out and installed on the jacket in the spring of 2001.

The Huldra platform will be regularly maintained until the West Epsilon drilling rig arrives at Huldra in 2016 for permanent well plugging, and project activities will also be carried out during this period. The field will not be fully decommissioned before 2019 and no later than 2021.