Åsgard
Norwegian Sea · Gas/condensate · Producing · Operator Equinor Energy AS
Åsgard is a gas and condensate field in the Norwegian Sea operated by Equinor Energy AS, discovered in 1981 by wellbore 6507/11-1. The Norwegian Offshore Directorate lists it as producing.
In the 12 months reported through August 2026 it sold 7.96 million Sm³ of oil equivalents (2.43 million Sm³ of oil, 4.49 billion Sm³ of gas), up 22% on the 12 months before.
Since May 1999 it has reported 430.7 million Sm³ of oil equivalents: 108.6 million Sm³ of oil and 225.8 billion Sm³ of gas.
4 companies hold it; the largest share is Equinor Energy AS with 35.01%.
134 wellbores are on file for the field.
- 7.96
- mill Sm³ o.e., last 12 reported +22%
- 2.43
- mill Sm³ oil, last 12
- 4.49
- bill Sm³ gas, last 12
- 430.7
- mill Sm³ o.e. since May 1999
- 134
- wellbores on file
- 4
- licensees today
SODIR PRODUCTION PROFILES · SALEABLE VOLUMES · REPORTED THROUGH AUG 2026
Oil by month
TEN YEARS · SM³ SOLD
Last 12 months 2,426,196 · prior 12 1,500,021(+62%)
Gas by month
TEN YEARS · SM³ SOLD
Last 12 months 4,494,568,000 · prior 12 4,116,098,000(+9%)
Produced water by month
TEN YEARS · SM³ IN THE FIELD
Last 12 months 402,548 · prior 12 303,851(+32%)
Licensees
SHARES TODAY · UNIT ÅSGARD UNIT
| Company | Share | Since |
|---|---|---|
| Equinor Energy ASOPERATOR | 35.01% | Jan 1, 2023 |
| Petoro AS | 34.53% | Jan 1, 2023 |
| Vår Energi ASA | 22.65% | Jan 1, 2023 |
| TotalEnergies EP Norge AS | 7.81% | Jan 1, 2023 |
Reserves
THE DIRECTORATE'S ESTIMATE · AS OF DEC 31, 2025
These are the Norwegian Offshore Directorate's own year-end estimates, shown as it publishes them. Petrora does not estimate reserves.
| Oil, mill Sm³ | Gas, bill Sm³ | NGL, mill tonnes | Condensate, mill Sm³ | O.e., mill Sm³ | |
|---|---|---|---|---|---|
| Originally recoverable | 113.1 | 244.4 | 43.4 | 17.1 | 457.1 |
| Remaining | 6.28 | 21.2 | 4.11 | 0 | 35.3 |
About the field
WRITTEN BY THE NORWEGIAN OFFSHORE DIRECTORATE
- Development
- Åsgard is a field in the central part of the Norwegian Sea. The water depth is 240-300 metres. Åsgard was discovered in 1981, and the plan for development and operation (PDO) was approved in 1996. The Åsgard field includes the accumulations Smørbukk, Smørbukk Sør, Midgard and Blåbjørn. The field has been developed with subsea wells tied-back to a production, storage and offloading vessel (FPSO), Åsgard A, and a floating, semi-submersible facility for gas and condensate processing, Åsgard B. The gas centre is connected to a storage vessel for condensate, Åsgard C. The production started in 1999. An amended PDO for a subsea template at Smørbukk Sør was approved in 2004. A PDO for subsea gas compression at Midgard was approved in 2012, and the facility started operation in 2016. PDO exemptions for Blåbjørn and Smørbukk Nord were granted in 2023. The Åsgard facilities are an important part of the Norwegian Sea infrastructure. The Mikkel and Morvin fields are tied to Åsgard B for processing, and gas from Åsgard B is sent to the Tyrihans field for gas lift. The Trestakk field is tied-back to Åsgard A.
- Reservoir
- Åsgard produces gas and considerable amounts of condensate mainly from Jurassic sandstone at depths of as much as 4850 metres. The reservoir quality varies in the different formations, and there are large variations in the reservoir properties between the four accumulations. Smørbukk is in a rotated fault block and contains gas, condensate and oil in the Åre, Tilje, Tofte, Ile and Garn Formations. Smørbukk Nord contains gas in the Ile and Garn Formations. Smørbukk Sør contains oil, gas and condensate in the Tilje, Ile and Garn Formations. The Midgard gas accumulation is divided into four structural segments, with the main reservoir in the Ile and Garn Formations. Blåbjørn contains oil at a depth of 3100 metres in the Upper Cretaceous Lysing Formation. The Blåbjørn reservoir is located above Smørbukk Sør.
- Recovery strategy
- Smørbukk and Smørbukk Sør are produced mainly by pressure depletion, with minor pressure support by gas injection. Smørbukk Nord, Midgard and Blåbjørn are produced by pressure depletion.
- Transport
- Oil and condensate are temporarily stored at Åsgard A, then shipped to shore by tankers. The gas is exported through the Åsgard Transport System (ÅTS) to the terminal at Kårstø. The condensate from Åsgard is sold as oil.
- Status
- Work is ongoing to increase the recovery from the field, with focus on a further reduction of inlet pressure on the facilities and identification of new targets for infill drilling. A development project for enabling lower inlet pressure on Åsgard B is ongoing. Subsea gas compression has accelerated and prolonged gas production at Åsgard. New tie-ins to Åsgard, such as Blåbjørn and Smørbukk Nord, contribute to prolonging the lifetime of the facilities.
Production by year
MONTHLY ROWS ADDED UP · NEWEST FIRST
| Year | Oil, mill Sm³ | Gas, bill Sm³ | NGL, mill Sm³ | Condensate, mill Sm³ | O.e., mill Sm³ | Water, mill Sm³ |
|---|---|---|---|---|---|---|
| 20268 MONTHS | 1.59 | 2.89 | 0.66 | 0 | 5.15 | 0.29 |
| 2025 | 1.93 | 4.59 | 1.03 | 0 | 7.54 | 0.34 |
| 2024 | 1.34 | 4.04 | 1.07 | 0 | 6.45 | 0.28 |
| 2023 | 0.97 | 4.92 | 1.19 | 0 | 7.08 | 0.27 |
| 2022 | 0.99 | 5.51 | 1.28 | 0 | 7.79 | 0.33 |
| 2021 | 1.08 | 5.39 | 1.85 | 0 | 8.32 | 0.41 |
| 2020 | 1.39 | 6.67 | 2.51 | 0 | 10.6 | 0.55 |
| 2019 | 1.67 | 8.84 | 3.17 | 0 | 13.7 | 0.48 |
| 2018 | 2 | 9.7 | 3.37 | 0 | 15.1 | 0.5 |
| 2017 | 2.33 | 10.2 | 3.37 | 0 | 15.9 | 0.82 |
| 2016 | 2.54 | 10.2 | 3.54 | 0 | 16.3 | 0.93 |
| 2015 | 2.73 | 9.81 | 3.56 | 0 | 16.1 | 1 |
| 2014 | 3.05 | 9.9 | 3.77 | 0 | 16.7 | 0.79 |
| 2013 | 3.17 | 9.61 | 3.85 | 0 | 16.6 | 0.69 |
| 2012 | 4 | 12.2 | 5.07 | 0 | 21.2 | 0.68 |
| 2011 | 3.93 | 12.1 | 4.83 | 0 | 20.8 | 0.73 |
| 2010 | 5.03 | 12 | 4.51 | 0 | 21.5 | 0.91 |
| 2009 | 5.73 | 12.2 | 4.54 | 0 | 22.4 | 0.88 |
| 2008 | 5.95 | 11.4 | 4.02 | 0 | 21.4 | 0.68 |
| 2007 | 6.79 | 11.4 | 4.16 | 0 | 22.4 | 0.55 |
| 2006 | 4.84 | 9.77 | 3.61 | 2.21 | 20.4 | 0.44 |
| 2005 | 4.64 | 10.5 | 3.64 | 3.35 | 22.1 | 0.44 |
| 2004 | 5.66 | 10.2 | 3.49 | 3.85 | 23.2 | 0.41 |
| 2003 | 6.94 | 10.1 | 3.53 | 4.33 | 24.9 | 0.29 |
| 2002 | 8.23 | 7.25 | 2.22 | 2.59 | 20.3 | 0.2 |
| 2001 | 8.32 | 3.89 | 1.31 | 0.68 | 14.2 | 0.14 |
| 2000 | 7.84 | 0.52 | 0.09 | 0.1 | 8.54 | 0.09 |
| 19998 MONTHS | 3.9 | 0 | 0 | 0 | 3.9 | 0 |
Wellbores
Production 87 · Appraisal 17 · Injection 14 · Observation 7 · Wildcat 7 · Shallow gas 1 · Soil drilling 1
All 134 wellbores in Åsgard, searchable → · Discovery wellbore 6507/11-1 →
Operator history
- Equinor Energy ASMay 16, 2018 to today
- Statoil Petroleum ASNov 1, 2009 to May 15, 2018
- StatoilHydro Petroleum ASJan 1, 2009 to Oct 31, 2009
- StatoilHydro ASAOct 1, 2007 to Dec 31, 2008
- Statoil ASA (old)May 10, 2001 to Sep 30, 2007
- Den norske stats oljeselskap a.sJun 14, 1996 to May 9, 2001
This field on Sodir FactPages →
About this data
Norwegian Offshore Directorate (Sodir) FactPages, mirrored nightly and used under the Norwegian Licence for Open Government Data (NLOD). Production is saleable volume by month from the Directorate's profiles, cut at the latest month any field has reported; yearly and cumulative figures are those months added up. Shares are the current rows of the field's licensee history. Reserves are the Directorate's estimate.
Developers: this page as JSON is GET /v1/data/norway/fields/43765, documented in the API reference.