Oil field · Norway

Volund

Volund is an oil field in the Norwegian North Sea, operated by Aker BP ASA. It was discovered in 1994 and has produced since 2009. In August 2026 it produced about 470 barrels of oil, condensate and NGL and 0.006 million cubic metres of gas a day.

Production

Volund has produced about 75.9 million barrels of oil, condensate and NGL and 1.6 billion cubic metres of gas since September 2009.

Oil, condensate and NGL, barrels a day, by month
Volund: oil, condensate and ngl production by month, September 2009 to August 2026010k20k30k40k2010201520202025

Latest: 470 barrels a day in August 2026. Highest year: 2012, averaging 34,000 barrels a day. Highest month: September 2011.

Gas, million cubic metres a day, by month
Volund: gas production by month, September 2009 to August 202600.20.40.62010201520202025

Latest: 0.006 million cubic metres a day in August 2026. Highest year: 2012, averaging 0.49 million cubic metres a day. Highest month: December 2017.

Average production by year

YearOil, condensate and NGL, barrels a dayGas, million m³ a day
2026 (Jan–Aug)1,3000.037
20251,1000.034
20241,3000.048
20231,7000.12
20223,2000.21
20214,9000.19
20208,2000.26
201911,0000.4
201815,0000.45
20179,9000.21
20166,9000.14
201512,0000.3
201419,0000.35
201332,0000.46
201234,0000.49
201132,0000.47
201014,0000.21
2009 (Sep–Dec)4500.007

Field details

StatusProducing
TypeOil field
OperatorAker BP ASA
Licensee
  • Aker BP ASA 100%
Discovered1994 (wellbore 24/9-5)
First productionSeptember 2009
Water depth124 m
Sea areaNorth Sea
LicenceProduction licence 150
Expected total recoveryoil 80 million barrels; gas 1.8 billion cubic metres; NGL 0 million tonnes (Sodir estimate, 2025)
Remaining reservesoil 4.5 million barrels; gas 190 million cubic metres; NGL 0 million tonnes
Produced so far94% of the expected total
Wellbores inside the outline32
Official recordSodir FactPage

Platforms and installations

4 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.