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OESAAnalysis

Field · the network on the Norwegian shelf

Rev

Rev is an oil and gas field in the North Sea, operated by Repsol Norge AS. The map shows the owners, the pipelines and where the production comes ashore.

Show on the globeField pageFact page at the Norwegian Offshore Directorate

Marketable production, last 12 months
0.000 million Sm³ o.e.
Aug 2025–Jul 2026 · Sodir, production · 7 Oct 2026
Production Jul 2026
0.000 million Sm³ o.e.
Sodir, production · 7 Oct 2026
Remaining reserves
0.010 million Sm³ o.e.
as of 31 Dec 2025 · Sodir, reserves · 7 Oct 2026
Licensees
2
Sodir, licensees · 7 Oct 2026

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.

Licensees
  • Repsol operator70.00%Repsol Norge AS · unchanged since 1 Sep 2015
  • Petoro (SDFI)30.00%Petoro AS · unchanged since 15 Jun 2007
Sodir, licensees · 7 Oct 2026
The fieldSodir, fields · 28 Sep 2026; Sodir, production · 7 Oct 2026
Facilities and pipelinesSodir, facilities · 7 Oct 2026; Sodir, pipelines · 7 Oct 2026
Landfall
Market
  1. The fieldRevProducing · Oil and gas
    Facilities and pipelines

    No facilities in service at Sodir

    • Varg Gassrør gas · 6″ · in from Petrojarl Varg · abandoned in place
    Landfall
    Market

    Not in the data.

Transport according to Sodir's field description

The well stream is routed through a 10-kilometre pipeline to the Armada field in the UK sector and further to the Teesside terminal for final processing. The condensate is sold as stabilised crude oil.

Quoted from Sodir's field description, updated 20 Feb 2026. Sodir, field description

Notes

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 the field's marketable production, month by month.

Last 12 months
0.0 NOK mestimateAug 2025–Jul 2026
July 2026
0.0 NOK mestimateBrent USD 83.76/bbl · gas EUR 54.0/MWh
Share of the shelf's value
0.000%estimatelast 12 months

Oil and condensateGasNGL

051015August 2024: NOK 0.0 mSeptember 2024: NOK 0.0 mOctober 2024: NOK 0.0 mOct 24November 2024: NOK 0.0 mDecember 2024: NOK 11 m · Oil and condensate 3.5 · Gas 6.9 · NGL 0.2January 2025: NOK 11 m · Oil and condensate 2.0 · Gas 9.0 · NGL 0.4Jan 25February 2025: NOK 0.0 mMarch 2025: NOK 0.0 mApril 2025: NOK 0.0 mApr 25May 2025: NOK 11 m · Oil and condensate 6.0 · Gas 4.4 · NGL 0.1June 2025: NOK 1.9 m · Oil and condensate 1.3 · Gas 0.6July 2025: NOK 0.0 mJul 25August 2025: NOK 0.0 mSeptember 2025: NOK 0.0 mOctober 2025: NOK 0.0 mOct 25November 2025: NOK 0.0 mDecember 2025: NOK 0.0 mJanuary 2026: NOK 0.0 mJan 26February 2026: NOK 0.0 mMarch 2026: NOK 0.0 mApril 2026: NOK 0.0 mApr 26May 2026: NOK 0.0 mJune 2026: NOK 0.0 mJuly 2026: NOK 0.0 mJul 26
Show as table
Estimated sales value per month (NOK m)
MonthOil and condensateGasNGLTotal (NOK m)
Jul 20260.00.00.00.0
Jun 20260.00.00.00.0
May 20260.00.00.00.0
Apr 20260.00.00.00.0
Mar 20260.00.00.00.0
Feb 20260.00.00.00.0
Jan 20260.00.00.00.0
Dec 20250.00.00.00.0
Nov 20250.00.00.00.0
Oct 20250.00.00.00.0
Sep 20250.00.00.00.0
Aug 20250.00.00.00.0
Jul 20250.00.00.00.0
Jun 20251.30.60.01.9
May 20256.04.40.111
Apr 20250.00.00.00.0
Mar 20250.00.00.00.0
Feb 20250.00.00.00.0
Jan 20252.09.00.411
Dec 20243.56.90.211
Nov 20240.00.00.00.0
Oct 20240.00.00.00.0
Sep 20240.00.00.00.0
Aug 20240.00.00.00.0

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.

Sources: Norwegian Offshore Directorate, marketable production per field and month, 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. The estimates are calculated by OESA and are not the companies' own figures.

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, and the buyers of oil and gas. Gas is mixed in the network, so a “possible route” is a pipeline connection, not measured flow.