Volund field
Volund is producing 1,770 barrels of oil equivalent a day — 0.0% of everything the Norwegian Continental Shelf produced in May 2026, ranking 85 of the 94 fields in production.
What it produces
In May 2026 the field delivered 1,770 barrels of oil equivalent a day, classified by the directorate as oil — roughly 83% oil and 18% gas by energy content. Output has moved down 13.3% over the past twelve months, and the directorate's profile for the field is late life. The field's best year was 2012, averaging 37,303 boe/d — today it runs at 5% of that.
Since 2008, Volund has produced roughly 86 million barrels of oil equivalent in total. The directorate's estimate of recoverable resources is 91 million boe, of which about 94% has now been recovered; 6 million boe remained as of 31.12.2025.
Timeline
- 1994Proven by exploration well 24/9-5
- 2008First production reported
- 2012Best year to date — 37,303 boe/d
Production by year, 2008–2026
Full table, year by year
| Year | Oil | Gas | Total boe/d |
|---|---|---|---|
| 2008 | 0 | 0 | 0 |
| 2009 | 151 | 14 | 165 |
| 2010 | 13,808 | 1,346 | 15,154 |
| 2011 | 31,552 | 2,944 | 34,496 |
| 2012 | 34,200 | 3,103 | 37,303 |
| 2013 | 32,129 | 2,864 | 34,993 |
| 2014 | 18,832 | 2,212 | 21,044 |
| 2015 | 12,476 | 1,897 | 14,373 |
| 2016 | 6,895 | 893 | 7,788 |
| 2017 | 9,909 | 1,347 | 11,257 |
| 2018 | 15,417 | 2,860 | 18,276 |
| 2019 | 11,101 | 2,487 | 13,588 |
| 2020 | 8,228 | 1,651 | 9,879 |
| 2021 | 4,898 | 1,194 | 6,092 |
| 2022 | 3,247 | 1,311 | 4,559 |
| 2023 | 1,712 | 735 | 2,446 |
| 2024 | 1,340 | 305 | 1,645 |
| 2025 | 1,110 | 216 | 1,326 |
| 2026 | 1,675 | 355 | 2,030 |
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 24/9-5 in 1994. The directorate's wellbore register lists 26 wellbores on Volund: 5 exploration and 21 development. The deepest reaches 5,069 metres measured depth. Water depth at the field's installations is 123 to 124 metres.
Installations on Volund
The field also has 4 subsea structures — wellheads and templates on the seabed — which are drawn individually on the map.
Licence partners
- Aker BP ASA100.00%
The field sits in block 24/9, under production licence PL 150.
Questions people ask
- Who operates the Volund field?
- Volund is operated by Aker BP ASA.
- How much does Volund produce?
- 1,770 barrels of oil equivalent per day as of May 2026 — 0.0% of Norwegian Continental Shelf output, ranking 85 of 94 producing fields.
- When did Volund start producing?
- First production was reported in 2008, 14 years after discovery well 24/9-5 proved the field in 1994.
See it live
Volund 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.
Other fields in the North sea
TrollJohan SverdrupGullfaks SørOsebergVisundBalderSnorreEkofiskAll fields →