NORWAY · FIELDS · NPDID 4380167
Volund
North Sea · Oil · Producing · Operator Aker BP ASA
Volund is an oil field in the North Sea operated by Aker BP ASA, discovered in 1994 by wellbore 24/9-5. The Norwegian Offshore Directorate lists it as producing.
In the 12 months reported through August 2026 it sold 0.08 million Sm³ of oil equivalents (0.07 million Sm³ of oil, 0.01 billion Sm³ of gas), down 16% on the 12 months before.
Since June 2008 it has reported 13.7 million Sm³ of oil equivalents: 12.1 million Sm³ of oil and 1.6 billion Sm³ of gas.
One company holds it; the largest share is Aker BP ASA with 100%.
26 wellbores are on file for the field.
- 0.08
- mill Sm³ o.e., last 12 reported -16%
- 0.07
- mill Sm³ oil, last 12
- 0.01
- bill Sm³ gas, last 12
- 13.7
- mill Sm³ o.e. since Jun 2008
- 26
- wellbores on file
- 1
- licensee today
SODIR PRODUCTION PROFILES · SALEABLE VOLUMES · REPORTED THROUGH AUG 2026
Oil by month
TEN YEARS · SM³ SOLD
Last 12 months 68,260 · prior 12 78,397(-13%)
Gas by month
TEN YEARS · SM³ SOLD
Last 12 months 11,523,000 · prior 12 17,088,000(-33%)
Produced water by month
TEN YEARS · SM³ IN THE FIELD
Last 12 months 568,126 · prior 12 694,633(-18%)
Licensees
SHARES TODAY · LICENCE 150
| Company | Share | Since |
|---|---|---|
| Aker BP ASAOPERATOR | 100% | Jan 1, 2023 |
Production licence 150: ownership history and register messages →
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 | 12.7 | 1.79 | 0.01 | 0 | 14.5 |
| Remaining | 0.71 | 0.19 | 0.01 | 0 | 0.92 |
About the field
WRITTEN BY THE NORWEGIAN OFFSHORE DIRECTORATE
- Development
- Volund is a field in the North Sea, 10 kilometres south of the Alvheim field. The water depth is 120 metres. Volund was discovered in 1994, and the plan for development and operation (PDO) was approved in 2007. The field was developed with a subsea template including four horizontal subsea production wells and one injection well tied to the Alvheim production, storage and offloading vessel (FPSO). The production started in 2009. An additional subsea template was installed subsequently.
- Reservoir
- Volund produces oil from Paleocene sandstone in the Hermod Formation. The deposit is a unique injectite trap. The sand was remobilised in the early Eocene and injected into the overlying Balder Formation. The reservoir is at a depth of 2000 metres and has excellent quality.
- Recovery strategy
- The field is produced with significant pressure support from the aquifer and with injection of produced water delivered from the Alvheim FPSO.
- Transport
- The well stream is routed by pipeline to the Alvheim FPSO. The oil is offloaded to shuttle tankers, and the associated gas is transported to the Scottish Area Gas Evacuation (SAGE) pipeline system and further to St Fergus in the UK.
- Status
- The recoverable volume estimates are significantly higher than in the original PDO, but the field is on decline with a high water cut.
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 | 0.05 | 0.01 | 0 | 0 | 0.06 | 0.35 |
| 2025 | 0.06 | 0.01 | 0 | 0 | 0.08 | 0.66 |
| 2024 | 0.08 | 0.02 | 0 | 0 | 0.1 | 0.7 |
| 2023 | 0.1 | 0.04 | 0 | 0 | 0.14 | 1 |
| 2022 | 0.19 | 0.08 | 0 | 0 | 0.26 | 0.89 |
| 2021 | 0.28 | 0.07 | 0 | 0 | 0.35 | 1.03 |
| 2020 | 0.48 | 0.1 | 0 | 0 | 0.57 | 0.89 |
| 2019 | 0.64 | 0.14 | 0 | 0 | 0.79 | 0.76 |
| 2018 | 0.89 | 0.17 | 0 | 0 | 1.06 | 0.47 |
| 2017 | 0.58 | 0.08 | 0 | 0 | 0.65 | 0.06 |
| 2016 | 0.4 | 0.05 | 0 | 0 | 0.45 | 0.92 |
| 2015 | 0.72 | 0.11 | 0 | 0 | 0.83 | 1.17 |
| 2014 | 1.09 | 0.13 | 0 | 0 | 1.22 | 1.07 |
| 2013 | 1.86 | 0.17 | 0 | 0 | 2.03 | 0.35 |
| 2012 | 1.99 | 0.18 | 0 | 0 | 2.17 | 0.06 |
| 2011 | 1.83 | 0.17 | 0 | 0 | 2 | 0.01 |
| 2010 | 0.8 | 0.08 | 0 | 0 | 0.88 | 0 |
| 2009 | 0.01 | 0 | 0 | 0 | 0.01 | 0 |
| 20087 MONTHS | 0 | 0 | 0 | 0 | 0 | 0 |
Wellbores
Production 13 · Observation 7 · Appraisal 4 · Injection 1 · Wildcat 1
All 26 wellbores in Volund, searchable → · Discovery wellbore 24/9-5 →
Operator history
- Aker BP ASASep 30, 2016 to today
- Det norske oljeselskap ASAOct 31, 2014 to Sep 29, 2016
- Det norske oljeselskap AS(old)Oct 16, 2014 to Oct 30, 2014
- Marathon Oil Norge ASJul 4, 2011 to Oct 15, 2014
- Marathon Petroleum Norge ASJan 18, 2007 to Jul 3, 2011
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/4380167, documented in the API reference.