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OESAAnalysis

Field · North Sea

Valhall

Valhall is an oil field in the North Sea, discovered in 1975. Status: producing. Operator: Aker BP ASA.

ProducingOil

Status
Producing
Contains
Oil
Sea area
North Sea
Operator
Aker BP ASA
Discovered
1975
Approved for production
2 Jun 1977
Production start
1 Oct 1982
Supply base
Tananger
Sodir ID
43548

Show on the globeFact page at the Norwegian Offshore Directorate

Production

Last 12 months
2.12 million Sm³ o.e. · Aug 2025–Jul 2026
Share of Norwegian production
0.859 %no. 26 of 95 fields with production in the last 12 months
Per day
36,000barrels o.e. per day, converted
Peak year
2005 6.02 million Sm³ o.e.
0246 2000: 5.69 million Sm³ o.e.2001: 5.46 million Sm³ o.e.2002: 5.26 million Sm³ o.e.20022003: 4.98 million Sm³ o.e.2004: 5.97 million Sm³ o.e.2005: 6.02 million Sm³ o.e.20052006: 5.02 million Sm³ o.e.2007: 4.19 million Sm³ o.e.2008: 3.44 million Sm³ o.e.20082009: 2.73 million Sm³ o.e.2010: 2.53 million Sm³ o.e.2011: 1.97 million Sm³ o.e.20112012: 1.14 million Sm³ o.e.2013: 2.08 million Sm³ o.e.2014: 2.72 million Sm³ o.e.20142015: 2.96 million Sm³ o.e.2016: 2.47 million Sm³ o.e.2017: 2.16 million Sm³ o.e.20172018: 2.26 million Sm³ o.e.2019: 2.47 million Sm³ o.e.2020: 3.23 million Sm³ o.e.20202021: 2.96 million Sm³ o.e.2022: 2.52 million Sm³ o.e.2023: 2.47 million Sm³ o.e.20232024: 2.51 million Sm³ o.e.2025: 2.24 million Sm³ o.e.2026: 1.10 million Sm³ o.e.2026

OilGasNGL2026 covers January–July (lighter bar).

The figures start in 2000; the field started producing in 1982, so production before 2000 is not included.

Show the figures as a table
Production per year, Valhallmillion Sm³ o.e.
YearOilGasNGLCondensateTotal
2026 (Jan–Jul)0.880.170.050.001.10
20251.780.350.110.002.24
20242.030.350.130.002.51
20232.010.340.120.002.47
20222.040.350.130.002.52
20212.400.410.150.002.96
20202.640.420.170.003.23
20192.050.310.110.002.47
20181.860.310.090.002.26
20171.770.300.090.002.16
20162.000.370.100.002.47
20152.400.430.120.002.96
20142.230.380.110.002.72
20131.770.240.080.002.08
20120.960.130.040.001.14
20111.640.250.070.001.97
20102.090.340.100.002.53
20092.260.350.110.002.73
20082.810.480.140.003.44
20073.410.610.170.004.19
20064.040.770.210.005.02
20054.830.960.230.006.02
20044.770.970.230.005.97
20034.160.630.200.004.98
20024.180.870.200.005.26
20014.360.880.210.005.46
20004.580.890.220.005.69

Marketable production in million standard cubic metres of oil equivalent (Sm³ o.e.), per month from the Norwegian Offshore Directorate, summed per year. Gas in billion Sm³ equals million Sm³ o.e. Figures up to and including July 2026. The conversion to barrels per day uses 1 Sm³ ≈ 6.29 barrels.

Reserves

The Norwegian Offshore Directorate's estimate as of 31 Dec 2025. Originally recoverable is everything the field is expected to produce; remaining is what is left.

Reserves in Valhall
ProductOriginally recoverableRemainingUnit
Oil156.4325.88million Sm³
Gas30.084.98billion Sm³
NGL6.301.01million tonnes
Total o.e.198.4832.76million Sm³ o.e.

According to the estimate, 83 % of the recoverable reserves have been produced.

Licensees

Licensees in Valhall, updated by Sodir 20 Feb 2026
CompanyShareValid from
Aker BP ASAAKRBPOperator90.00 %1 Jan 2025
INPEX Idemitsu Norge AS10.00 %1 Jan 2025

Companies on the analysis page link to their own page.

Facilities

Facilities belonging to Valhall
NameTypeStatusIn service since
Valhall DpSteel jacket, 8 legsPartly removed1981
Valhall WpSteel jacket, 4 legsIn service1996
Valhall BvsSubsea structureIn service1998
Valhall SsprSubsea structureIn service1998
Valhall VtsSubsea structureIn service1998
Valhall Flanke SørSteel jacket, 4 legsIn service2003
Valhall Flanke NordSteel jacket, 4 legsIn service2004
Valhall IpSteel jacket, 4 legsIn service2004
Valhall PhSteel jacket, 4 legsIn service2013
Valhall Flanke VestSteel jacket, 4 legsIn service2019
Valhall PwpSteel jacket, 8 legsUnder installation

Sources

Sokkeldirektoratet, the Norwegian Offshore Directorate (FactMaps and FactPages), Norwegian Licence for Open Government Data (NLOD). Field data retrieved 28 Sep 2026, production 27 Sep 2026, licensees and reserves 28 Sep 2026. factpages.sodir.no · NLOD