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Balder field

Balder is producing 82,858 barrels of oil equivalent a day — 1.9% of everything the Norwegian Continental Shelf produced in May 2026, ranking 13 of the 94 fields in production.

Production
82,858 boe/d
Share of NCS
1.9%
Operator
Vår Energi ASA
First oil
1991

What it produces

In May 2026 the field delivered 82,858 barrels of oil equivalent a day, classified by the directorate as oil — almost entirely oil. Output has moved up 184.4% over the past twelve months, and the directorate's profile for the field is growing. The field's best year was 2005, averaging 124,745 boe/d — today it runs at 66% of that.

Since 1991, Balder has produced roughly 525 million barrels of oil equivalent in total. The directorate's estimate of recoverable resources is 730 million boe, of which about 72% has now been recovered; 215 million boe remained as of 31.12.2025.

The story of Balder

Balder is the shelf’s longest-delayed promise: discovered by Esso in 1967 — before Ekofisk — it was judged non-commercial for decades, and beyond a brief well test in 1991, regular production only began in 1999 with the Balder FPSO. In 2025 the rebuilt Jotun FPSO returned it to production once more, giving the oldest discovery on the shelf a third act.

Timeline

  1. 1967
    Discovered — the first discovery on the Norwegian shelf
  2. 1991
    First production reported
  3. 1999
    The Balder FPSO begins regular production, three decades after discovery
  4. 2003
    Ringhorne (jacket 4 legs) enters service
  5. 2005
    Best year to date — 124,745 boe/d
  6. 2025
    Production restarts through the rebuilt Jotun FPSO

Production by year, 1991–2026

2005 · 124,74519912026
OilGasboe/d
Full table, year by year
YearOilGasTotal boe/d
19912,21502,215
199915,186015,186
200069,053069,053
200167,002067,002
200259,213059,213
200368,06154768,608
2004103,9043,341107,245
2005120,3614,384124,745
2006109,4693,701113,170
200796,9203,251100,172
200875,7752,40578,181
200957,0961,85758,953
201046,9821,57348,554
201139,1251,05940,184
201231,91978432,703
201333,1731,07034,243
201442,8681,19844,065
201544,0521,56545,616
201645,9071,60047,507
201736,5141,05037,564
201827,89477128,665
201923,82554524,370
202018,2036818,270
202120,178020,178
202217,083017,083
202321,009021,009
202426,388026,388
202550,62981951,447
202679,8033,78583,588

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 25/11-1 in 1967. The directorate's wellbore register lists 173 wellbores on Balder: 33 exploration and 140 development. The deepest reaches 7,800 metres measured depth. Water depth at the field's installations is 125 to 129 metres.

Installations on Balder

  • Balder FpuFpso1999
  • Jotun FpsoFpso2025
  • RinghorneJacket 4 Legs2003

The first of them entered service in 1999. The field also has 31 subsea structures — wellheads and templates on the seabed — which are drawn individually on the map.

Licence partners

  • Vår Energi ASA90.00%
  • Kistos Energy (Norway) AS10.00%

The field sits in blocks 25/10, 25/11, 25/8, under production licences PL 028, PL 028 S, PL 001, PL 027, PL 027 C, PL 027 HS.

Questions people ask

Who operates the Balder field?
Balder is operated by Vår Energi ASA, in partnership with Kistos Energy (Norway) AS.
How much does Balder produce?
82,858 barrels of oil equivalent per day as of May 2026 — 1.9% of Norwegian Continental Shelf output, ranking 13 of 94 producing fields.
When did Balder start producing?
First production was reported in 1991, 24 years after discovery well 25/11-1 proved the field in 1967.

See it live

Balder 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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