The new island was named after Surtr, a fire jötunn or giant from Norse mythology. It was intensively studied by volcanologists during its eruption, and afterwards by botanists and other biologists as life forms gradually colonised the originally barren island. The undersea vents that produced Surtsey are part of the Vestmannaeyjar submarine volcanic system, part of the fissure of the sea floor called the Mid-Atlantic Ridge. Vestmannaeyjar also produced the famous eruption of Eldfell on the island of Heimaey in 1973. The eruption that created Surtsey also created a few other small islands along this volcanic chain, such as Jólnir and other unnamed peaks. Most of these eroded away fairly quickly. It is estimated that Surtsey will remain above sea level for another 100 years.