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OESAAnalysis

Field · the network on the Norwegian shelf

Ringhorne Øst

Ringhorne Øst is an oil field in the North Sea, operated by Vår Energi ASA. The map shows the owners, the pipelines, where the production comes ashore, the loading onto ships and the possible onward routes.

Show on the globeField pageFact page at the Norwegian Offshore Directorate

Marketable production, last 12 months
0.21 million Sm³ o.e.
Aug 2025–Jul 2026 · Sodir, production · 7 Oct 2026
Production Jul 2026
0.023 million Sm³ o.e.
Sodir, production · 7 Oct 2026
Share of Norwegian production
0.084%
Estimate · Sodir, production · 7 Oct 2026
Remaining reserves
1.15 million Sm³ o.e.
as of 31 Dec 2025 · Sodir, reserves · 7 Oct 2026
Licensees
2
Sodir, licensees · 7 Oct 2026

Estimate: The field's marketable production over the last 12 months divided by the total for all fields (Sodir).

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
  • Vår Energi operator92.60%Vår Energi ASA · unchanged since 30 Aug 2024
  • Kistos7.40%Kistos Energy (Norway) AS · unchanged since 1 Aug 2019
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
MarketENTSOG points in the gas panel · 7 Oct 2026; OESA pipeline graph · 7 Oct 2026
  1. The fieldRinghorne ØstProducing · Oil0.21 million Sm³ o.e. Aug 2025–Jul 2026
    Facilities and pipelines

    No facilities in service at Sodir

    Processed at Balder curated, Sodir 20 Feb 2026

    Landfall
    Market
    • Possible routes for the gas
    • Dornum, Emden Germany
    • Dunkerque France
    • North Sea Entry Denmark

    The receivers of the cargoes are not in the data.

Transport according to Sodir's field description

Production is routed from the Ringhorne wellhead platform to the Balder production, storage and offloading vessel (FPSO) for processing, storage and export. The oil is transported by tankers. Any surplus gas is sent to the Jotun FPSO for export via Statpipe to the Kårstø terminal.

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

Notes

Pipeline systems and plants

Pipeline systems and plants (TUF) that the field's pipelines belong to or that the production continues into, with the owners. “Onward” means that the production continues into it. The link comes from the pipelines in the map above.

Pipeline systems and plantsSodir, pipeline systems and plants · 7 Oct 2026

NameTypeOperatorLinkOwners
GassledJoint ventureGasscoonwardPetoro (SDFI) 100.00%

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
1.0 NOK bnestimateAug 2025–Jul 2026
July 2026
116 NOK mestimateBrent USD 83.76/bbl · gas EUR 54.0/MWh
Share of the shelf's value
0.088%estimatelast 12 months
Gas in the value
0%estimatelast 12 months

Oil and condensate

050100150August 2024: NOK 36 m · Oil and condensate 36September 2024: NOK 30 m · Oil and condensate 30October 2024: NOK 28 m · Oil and condensate 28Oct 24November 2024: NOK 32 m · Oil and condensate 32December 2024: NOK 34 m · Oil and condensate 34January 2025: NOK 35 m · Oil and condensate 35Jan 25February 2025: NOK 16 m · Oil and condensate 16March 2025: NOK 31 m · Oil and condensate 31April 2025: NOK 28 m · Oil and condensate 28Apr 25May 2025: NOK 11 m · Oil and condensate 11June 2025: NOK 22 m · Oil and condensate 22July 2025: NOK 23 m · Oil and condensate 23Jul 25August 2025: NOK 21 m · Oil and condensate 21September 2025: NOK 20 m · Oil and condensate 20October 2025: NOK 19 m · Oil and condensate 19Oct 25November 2025: NOK 74 m · Oil and condensate 74December 2025: NOK 114 m · Oil and condensate 114January 2026: NOK 104 m · Oil and condensate 104Jan 26February 2026: NOK 89 m · Oil and condensate 89March 2026: NOK 140 m · Oil and condensate 140April 2026: NOK 141 m · Oil and condensate 141Apr 26May 2026: NOK 130 m · Oil and condensate 130June 2026: NOK 67 m · Oil and condensate 67July 2026: NOK 116 m · Oil and condensate 116Jul 26116
Show as table
Estimated sales value per month (NOK m)
MonthOil and condensateTotal (NOK m)
Jul 2026116116
Jun 20266767
May 2026130130
Apr 2026141141
Mar 2026140140
Feb 20268989
Jan 2026104104
Dec 2025114114
Nov 20257474
Oct 20251919
Sep 20252020
Aug 20252121
Jul 20252323
Jun 20252222
May 20251111
Apr 20252828
Mar 20253131
Feb 20251616
Jan 20253535
Dec 20243434
Nov 20243232
Oct 20242828
Sep 20243030
Aug 20243636

The owners, last 12 monthsestimate

OwnerShareValue
Vår Energi92.60%958 NOK m
Kistos7.40%77 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.

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.