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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.

Production
1,770 boe/d
Share of NCS
0.0%
Operator
Aker BP ASA
First oil
2008

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

  1. 1994
    Proven by exploration well 24/9-5
  2. 2008
    First production reported
  3. 2012
    Best year to date — 37,303 boe/d

Production by year, 2008–2026

2012 · 37,30320082026
OilGasboe/d
Full table, year by year
YearOilGasTotal boe/d
2008000
200915114165
201013,8081,34615,154
201131,5522,94434,496
201234,2003,10337,303
201332,1292,86434,993
201418,8322,21221,044
201512,4761,89714,373
20166,8958937,788
20179,9091,34711,257
201815,4172,86018,276
201911,1012,48713,588
20208,2281,6519,879
20214,8981,1946,092
20223,2471,3114,559
20231,7127352,446
20241,3403051,645
20251,1102161,326
20261,6753552,030

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.

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