Oil field · Norway

Balder

Balder is an oil field in the Norwegian North Sea, operated by Vår Energi ASA. It was discovered in 1967 and has produced since 1999. In August 2026 it produced about 80,000 barrels of oil, condensate and NGL a day.

Production

Balder has produced about 518 million barrels of oil, condensate and NGL and 2 billion cubic metres of gas since May 1991.

Oil, condensate and NGL, barrels a day, by month
Balder: oil, condensate and ngl production by month, May 1991 to August 2026050k100k150k200020102020

Latest: 80,000 barrels a day in August 2026. Highest year: 2005, averaging 120,000 barrels a day. Highest month: January 2006.

Gas, million cubic metres a day, by month
Balder: gas production by month, May 1991 to August 202600.250.50.751200020102020

Latest: 0.59 million cubic metres a day in August 2026. Highest year: 2005, averaging 0.7 million cubic metres a day. Highest month: April 2004.

Average production by year

YearOil, condensate and NGL, barrels a dayGas, million m³ a day
2026 (Jan–Aug)72,0000.54
202551,0000.13
202426,0000
202321,0000
202217,0000
202120,0000
202018,0000.011
201924,0000.087
201828,0000.12
201737,0000.17
201646,0000.25
201544,0000.25
201443,0000.19
201333,0000.17
201232,0000.12
201139,0000.17
201047,0000.25
200957,0000.3
200876,0000.38
200797,0000.52
2006109,0000.59
2005120,0000.7
2004104,0000.53
200368,0000.087
200259,0000
200167,0000
200069,0000
199915,0000
199800
199700
199600
199500
199400
199300
199200
1991 (May–Dec)3,3000

Field details

StatusProducing
TypeOil field
OperatorVår Energi ASA
Partners
  • Vår Energi ASA 90%
  • Kistos Energy (Norway) AS 10%
Discovered1967 (wellbore 25/11-1)
First productionOctober 1999
Water depth127 m
Sea areaNorth Sea
Supply baseDusavik
LicenceProduction licence 001
Expected total recoveryoil 707 million barrels; gas 3.6 billion cubic metres (Sodir estimate, 2025)
Remaining reservesoil 205 million barrels; gas 1.6 billion cubic metres
Produced so far71% of the expected total
Wellbores inside the outline138
Official recordSodir FactPage

Platforms and installations

Balder FPUFPSO · In service · since 1999 · 127 m water depth
RinghorneJacket 4 legs · In service · since 2003 · 129 m water depth
Jotun FPSOFPSO · In service · since 2025 · 126 m water depth

38 more installations are on the seabed, such as well templates.

Nearby

Sources

Contains data under the Norwegian licence for Open Government data (NLOD) distributed by the Norwegian Offshore Directorate (Sodir): field, production, reserves, licensee and facility data from the FactPages, with production monthly to August 2026.

Offshore Data Atlas converts the reported volumes to barrels and cubic metres a day (one cubic metre is 6.29 barrels). Norwegian figures are saleable production.