Who operates the Åsgard field?

Åsgard is operated by Equinor Energy AS, in partnership with Petoro AS, Vår Energi ASA, TotalEnergies EP Norge AS.

How much does Åsgard produce?

130,815 barrels of oil equivalent per day as of May 2026 — 3.1% of Norwegian Continental Shelf output, ranking 5 of 94 producing fields.

When did Åsgard start producing?

First production was reported in 1999, 18 years after discovery well 6507/11-1 proved the field in 1981.

What is the Norwegian Continental Shelf?

The Norwegian Continental Shelf (NCS) is the seabed area where Norway holds sovereign rights over petroleum resources, covering the North Sea, the Norwegian Sea and the Barents Sea. It holds roughly 90 producing fields, and its output is the largest single source of Norway's export income.

What does NCS Live show?

Every in-service surface installation and subsea structure on the shelf, the offshore pipeline network, field outlines and seabed relief, with live vessel traffic and offshore helicopter flights on top of them. Optional layers add seismic survey activity, cold-water coral, wind and wave forecasts, and a counter for the value each field is producing today.

Where does the data come from?

Infrastructure, fields and production come from the Norwegian Offshore Directorate (Sokkeldirektoratet) FactPages under the NLOD licence. Vessel positions are AIS from BarentsWatch and Kystverket. Helicopter movements are derived from Avinor flight data. Coral observations come from the Institute of Marine Research and MAREANO, and export prices from Statistics Norway (SSB).

Is the vessel traffic real time?

Yes. Tankers and offshore support vessels are drawn from live AIS positions and refreshed continuously, with speed, course and self-reported destination. Helicopter positions are dead-reckoned estimates between known departures and arrivals, not surveillance.

Are the pipeline flows measured?

No. Pipeline thickness and the travelling flow animation are estimates, derived by accumulating monthly field production through the pipeline network. They are not metered throughput, and thickness is not pipe diameter.

Can I see how the shelf was built out?

Yes. The time machine replays the shelf from 1971, the year Ekofisk started producing, to today. Installations and pipelines appear in the year they entered service, with total production and the number of producing fields for each year.

Is NCS Live free to use?

Yes, free and with no account. It is a public visualisation of open data, built and designed by Smpl and Melvær&Co in Norway.

Åsgard field

Åsgard is producing 130,815 barrels of oil equivalent a day — 3.1% of everything the Norwegian Continental Shelf produced in May 2026, ranking 5 of the 94 fields in production.

Production

130,815 boe/d

Share of NCS

3.1%

Operator

Equinor Energy AS

First oil

1999

What it produces

In May 2026 the field delivered 130,815 barrels of oil equivalent a day, classified by the directorate as gas/condensate — roughly 33% oil and 54% gas by energy content. Output has moved up 18.1% over the past twelve months, and the directorate's profile for the field is growing. The field's best year was 2003, averaging 428,623 boe/d — today it runs at 31% of that.

Since 1999, Åsgard has produced roughly 2,697 million barrels of oil equivalent in total. The directorate's estimate of recoverable resources is 2,876 million boe, of which about 94% has now been recovered; 222 million boe remained as of 31.12.2025.

The story of Åsgard

Åsgard was one of the largest subsea developments ever undertaken when it came on stream in 1999, tying dozens of seabed wells back to a production ship and a giant semi-submersible. In 2015 it added a world first: gas compression standing on the seabed itself, doing on the bottom what had always needed a platform.

Timeline

1981
Proven by exploration well 6507/11-1
1999
On stream — subsea development at unprecedented scale
2000
Åsgard B (semisub steel) enters service
2000
Åsgard C (fsu) enters service
2003
Best year to date — 428,623 boe/d
2015
World’s first subsea gas compression

Production by year, 1999–2026

OilGasNGL/condensateboe/d

Full table, year by year

Year	Oil	Gas	NGL	Condensate	Total boe/d
1999	67,223	0	0	0	67,223
2000	134,692	8,989	1,478	1,680	146,838
2001	143,377	67,066	22,513	11,743	244,699
2002	141,856	124,892	38,335	44,673	349,756
2003	119,660	173,591	60,771	74,601	428,623
2004	97,239	175,353	59,943	66,209	398,744
2005	79,910	181,173	62,708	57,739	381,530
2006	83,342	168,363	62,193	38,071	351,968
2007	117,068	197,162	71,683	0	385,913
2008	102,234	196,209	69,129	0	367,572
2009	98,733	209,787	78,239	0	386,759
2010	86,616	206,234	77,762	0	370,611
2011	67,766	208,231	83,275	0	359,273
2012	68,757	209,221	87,138	0	365,116
2013	54,554	165,680	66,325	0	286,558
2014	52,566	170,596	64,913	0	288,075
2015	47,086	168,989	61,341	0	277,416
2016	43,731	175,930	60,858	0	280,519
2017	40,166	175,782	58,120	0	274,067
2018	34,411	167,137	58,079	0	259,628
2019	28,813	152,291	54,683	0	235,787
2020	23,811	114,688	43,140	0	181,639
2021	18,553	92,903	31,929	0	143,386
2022	17,051	95,020	22,119	0	134,190
2023	16,712	84,787	20,562	0	122,062
2024	22,992	69,458	18,352	0	110,802
2025	33,203	79,034	17,755	0	129,990
2026	42,378	73,811	17,042	0	133,231

Average daily rates per calendar year, from Sokkeldirektoratet's monthly production figures. The final year is the average through May 2026.

Discovery and drilling

The field was proven by exploration well 6507/11-1 in 1981. The directorate's wellbore register lists 134 wellbores on Åsgard: 24 exploration and 108 development, plus 2 others. The deepest reaches 7,212 metres measured depth. Water depth at the field's installations is 245 to 315 metres.

Installations on Åsgard

Åsgard AFpso1999
Åsgard BSemisub Steel2000
Åsgard CFsu2000

The first of them entered service in 1999. The field also has 24 subsea structures — wellheads and templates on the seabed — which are drawn individually on the map.

Licence partners

Equinor Energy AS35.01%
Petoro AS34.53%
Vår Energi ASA22.65%
TotalEnergies EP Norge AS7.81%

The field sits in blocks 6406/3, 6407/2, 6407/3, 6506/11, 6506/12, 6506/9, 6507/11, under production licences PL 094 B, PL 074, PL 237, PL 134, PL 094, PL 479, PL 062.

Questions people ask

Who operates the Åsgard field?: Åsgard is operated by Equinor Energy AS, in partnership with Petoro AS, Vår Energi ASA, TotalEnergies EP Norge AS.
How much does Åsgard produce?: 130,815 barrels of oil equivalent per day as of May 2026 — 3.1% of Norwegian Continental Shelf output, ranking 5 of 94 producing fields.
When did Åsgard start producing?: First production was reported in 1999, 18 years after discovery well 6507/11-1 proved the field in 1981.

See it live

Åsgard is drawn on the NCS Live map with its outline, its pipelines and the vessels working it in real time — and på norsk. The directorate's own record is on the SODIR FactPages.

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