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OESAAnalysis

Company · the network on the Norwegian shelf

Concedo

Concedo holds stakes in one field on the Norwegian shelf. The map shows how the fields connect to pipelines, landfall and markets.

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Calculated equity production
0.068 million Sm³ o.e.
Estimate · Aug 2025–Jul 2026 · Sodir, production · 7 Oct 2026
Share of Norwegian production
0.028%
Estimate · Sodir, production · 7 Oct 2026
Per day
1,200 barrels o.e./day
Estimate · Sodir, production · 7 Oct 2026
Fields with a stake
1
Sodir, licensees · 7 Oct 2026
Operator of
0 fields
Sodir, licensees · 7 Oct 2026

Estimate: Calculated by OESA, not figures from the company: for each field the company's current share is multiplied by the field's marketable production (Aug 2025–Jul 2026) from the Norwegian Offshore Directorate, and the results are summed. 1 Sm³ o.e. = 6.29 barrels; rounded to the nearest 1,000 above 10,000, the nearest 100 above 1,000 and the nearest 10 above 100.

The network

From owner to market. Links without their own label have their source in the column heading; curated, derived and possible links are labelled at the link.

  • The colour shows the content:
  • Gas
  • Oil
  • Condensate
  • CO₂
  • Oil and condensate
  • The line shows the source:
  • pipeline in Sodir data
  • curated from Sodir's field description
  • possible onward route, not measured flow
  • planned or not in service

The links show direction, not volume.

Concedo1 fields with a stakeAt Sodir: Concedo AS
Field and shareSodir, licensees · 7 Oct 2026; Sodir, fields · 28 Sep 2026; Sodir, production · 7 Oct 2026
Facilities and pipelinesSodir, facilities · 7 Oct 2026; Sodir, pipelines · 7 Oct 2026
Landfall
Market
  1. Field and shareBøyla 20.00% unchanged since 31 Oct 2024field 0.34 million Sm³ o.e. last 12 mo · company's part ≈ 0.068 million Sm³ o.e. (estimate)
    Facilities and pipelines

    4 subsea facilities in service

    Processed at Alvheim curated, Sodir 20 Feb 2026

    • Alvheim Rikgassrør gas · 14″ · onward to SAGE-T
    Landfall
    Market

    The receivers of the cargoes are not in the data.

Export routes for the fields

Pipeline systems and plants (TUF) on the way from the fields of Concedo that Concedo neither owns nor operates. Those the company owns or operates are in the table above. Each field is listed with its strongest link. “Onward” means that the production continues into it.

Sodir, pipelines · 7 Oct 2026

Connected to

Partners

The companies Concedo shares the most fields with, by current stakes. Sodir, licensees · 7 Oct 2026

Events

Ownership changes, exploration wells and discoveries, rigs that move, production start-up and contracts, with a link to the source.

No events in the last 12 months in the data.

Last 12 months (7 Oct 2025–7 Oct 2026). Sources: Norwegian Offshore Directorate (Sodir, NLOD 2.0): licence transfers (retrieved 7 Oct 2026), exploration wells and discoveries (7 Oct 2026), wellbores with drilling rig and the company responsible for the rig (7 Oct 2026) and field status (7 Oct 2026).

Economics

Estimated gross sales value of Concedo's share of production, month by month. The share is the equity share in force each month.

Last 12 months
333 NOK mestimateAug 2025–Jul 2026
July 2026
27 NOK mestimateBrent USD 83.76/bbl · gas EUR 54.0/MWh
Share of the shelf's value
0.028%estimatelast 12 months
Gas in the value
9%estimatelast 12 months

Oil and condensateGas

010203040August 2024: NOK 0.0 mSeptember 2024: NOK 0.0 mOctober 2024: NOK 0.0 mOct 24November 2024: NOK 29 m · Oil and condensate 26 · Gas 2.5December 2024: NOK 31 m · Oil and condensate 28 · Gas 3.0January 2025: NOK 33 m · Oil and condensate 29 · Gas 3.4Jan 25February 2025: NOK 26 m · Oil and condensate 23 · Gas 2.3March 2025: NOK 23 m · Oil and condensate 21 · Gas 1.7April 2025: NOK 17 m · Oil and condensate 16 · Gas 1.3Apr 25May 2025: NOK 17 m · Oil and condensate 13 · Gas 4.1June 2025: NOK 13 m · Oil and condensate 9.1 · Gas 4.1July 2025: NOK 16 m · Oil and condensate 14 · Gas 2.2Jul 25August 2025: NOK 14 m · Oil and condensate 13 · Gas 1.3September 2025: NOK 12 m · Oil and condensate 11 · Gas 1.3October 2025: NOK 26 m · Oil and condensate 24 · Gas 2.0Oct 25November 2025: NOK 30 m · Oil and condensate 28 · Gas 2.5December 2025: NOK 29 m · Oil and condensate 26 · Gas 2.3January 2026: NOK 30 m · Oil and condensate 27 · Gas 3.7Jan 26February 2026: NOK 25 m · Oil and condensate 23 · Gas 2.0March 2026: NOK 38 m · Oil and condensate 34 · Gas 3.8April 2026: NOK 39 m · Oil and condensate 36 · Gas 3.1Apr 26May 2026: NOK 35 m · Oil and condensate 34 · Gas 1.0June 2026: NOK 28 m · Oil and condensate 25 · Gas 3.1July 2026: NOK 27 m · Oil and condensate 24 · Gas 3.0Jul 2627
Show as table
Estimated sales value per month (NOK m)
MonthOil and condensateGasTotal (NOK m)
Jul 2026243.027
Jun 2026253.128
May 2026341.035
Apr 2026363.139
Mar 2026343.838
Feb 2026232.025
Jan 2026273.730
Dec 2025262.329
Nov 2025282.530
Oct 2025242.026
Sep 2025111.312
Aug 2025131.314
Jul 2025142.216
Jun 20259.14.113
May 2025134.117
Apr 2025161.317
Mar 2025211.723
Feb 2025232.326
Jan 2025293.433
Dec 2024283.031
Nov 2024262.529
Oct 20240.00.00.0
Sep 20240.00.00.0
Aug 20240.00.00.0

The fields, last 12 monthsestimate

FieldShareValue
Bøyla20.00%333 NOK m

Share: the equity share today. Value: estimated sales value of the share over the last 12 months, with the share in force each month.

Check against Statistics Norway

For the whole shelf the method gives NOK 1,180.9 bn for Aug 2025–Jul 2026. Statistics Norway's export value for crude oil, condensate, pipeline gas, LNG, propane and butane was NOK 1,107.3 bn, −6.2% against the estimate. Month by month the difference ranged from −10.5% (June 2026) to −1.0% (January 2026); Statistics Norway was below the estimate in all 12 months. Crude oil and condensate in the trade statistics (commodity numbers 2709.0009 and 2709.0001) were 93% of oil and condensate production, and pipeline gas (2711.2100) was 94% of gas production in the same months. On top of this, 4.35 million tonnes of LNG (2711.1100) were exported. Statistics Norway reports LNG only in tonnes, so it is not included in the gas percentage. The prices in Statistics Norway's export statistics differed on average by −0.8% from Brent and −0.7% from the gas price, but by up to −10.7% for oil in a single month (June 2026). Exports of propane and butane averaged 58% of NGL production converted to tonnes, so the NGL price only covers part of the products.

How the estimate is calculated

Estimated gross sales value, calculated by OESA: for each field and month, (oil + condensate) × 6.2898 bbl/Sm³ × Brent (USD/bbl) × USD/NOK, gas × 0.011111 MWh/Sm³ (40 MJ) × European gas price (EUR/MWh) × EUR/NOK and NGL ÷ 1.9 Sm³ o.e. per tonne × NGL price (NOK/tonne) are added up. A company's figure is the field value times the equity share in force on the 15th of each month, summed over the fields and the group's legal entities. These are not the companies' own figures. Prices in July 2026: Brent USD 83.76/bbl, gas in Europe USD 18.06/mmbtu (EUR 53.97/MWh), NGL NOK 5,142/tonne, USD/NOK 9.7064 and EUR/NOK 11.0822. Sources of error: Brent and TTF are benchmark prices. Actual sales prices depend on crude quality, timing of sales, contracts and hub (NBP, THE, PEG, ZTP). The production month is not the sales month: cargoes are lifted and sold at other times (over/underlift, storage). The energy content of gas is set to 40 MJ/Sm³ for all fields, and NGL to 1.9 Sm³ o.e. per tonne. Both vary between fields. NGL is priced with Statistics Norway's export price for propane and butane; ethane and other NGL products may have other prices. Transport tariffs (Gassled), tax (78%), costs and hedging are not deducted. The figure is market sales value, not netback at the field or profit. LNG from Melkøya is priced as pipeline gas.

Accounts

Key figures from the annual accounts in the Brønnøysund register for the Norwegian companies behind it, in the currency the company reports in. The figures cover the whole company, not just the Norwegian shelf.

Concedo AScompany · org. no. 988 217 867

Year (NOK)RevenueOperating profitNet profit
2025416 m−128 m−149 m
20245.5 m−150 m−40.9 m
2023–−390 m−88.4 m

Sources: Norwegian Offshore Directorate, marketable production per field and month, NLOD 2.0, 7 Oct 2026. Norwegian Offshore Directorate, licensees per field with history, NLOD 2.0, 7 Oct 2026. U.S. Energy Information Administration, Europe Brent Spot Price FOB (RBRTE), via FRED (DCOILBRENTEU), Public Domain: Citation Requested (FRED), 7 Oct 2026. EIA lists «Refinitiv, an LSEG business» as the source of the spot prices. World Bank, Commodity Price Data (The Pink Sheet), monthly prices, «Natural gas, Europe», CC BY 4.0, 2 Oct 2026. From April 2015 the series is TTF (Netherlands), according to the World Bank's description in the file. Norges Bank, exchange rates (EXR), monthly average, NLOD 2.0, 7 Oct 2026. The licence is stated on the dataset «API for åpne data» at data.norge.no. Norges Bank's own open-data page states no licence. Statistics Norway, table 08799: External trade in goods by commodity number, imports/exports, country and month (exports, all countries), CC BY 4.0, 15 Sep 2026. Value ÷ quantity for exported propane (2711.1200) and butane (2711.1300). Statistics Norway notes that 0 may also mean the figure is confidential. Brønnøysund Register Centre, Register of Company Accounts (key figures), NLOD 2.0, 7 Oct 2026. The API is described as a temporary R&D API. The organisation numbers come from the Norwegian Offshore Directorate's company table. Norwegian Offshore Directorate, companies with organisation numbers, NLOD 2.0, 7 Oct 2026. The estimates are calculated by OESA and are not the companies' own figures.

Notes

Sources

All figures and links on the page come from these sources. Curated links are entered by hand by OESA from the source text, and the quote is checked against the source at every build.

Not in the data: Flow in each pipeline, which field's gas ends up in which country, the buyers of oil and gas and the company's contracts.