Field · the network on the Norwegian shelf
Verdande
Verdande is an oil and gas field in the Norwegian Sea, operated by Equinor Energy AS. The map shows the owners, the facilities, 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
- 1.64 million Sm³ o.e.
- Aug 2025–Jul 2026 · Sodir, production · 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.
- Equinor operator59.27%Equinor Energy AS · unchanged since 28 Jun 2023
- Petoro (SDFI)22.41%Petoro AS · unchanged since 28 Jun 2023
- DNO14.83%DNO Norge AS · unchanged since 29 Dec 2025
- JAPEX3.50%Japex Norge AS · unchanged since 1 Jan 2025
- The fieldVerdandeProducing · Oil and gas1.64 million Sm³ o.e. Aug 2025–Jul 2026Facilities and pipelines
1 subsea facility in service
Processed at Norne curated, Sodir 20 Feb 2026
- Åsgard Transport gas · 42″ · onward to Kårstø curated, Sodir 20 Feb 2026
- Norne Gasstransport gas · 16″ · onward to Norne/Heidrun T curated, Sodir 20 Feb 2026
Landfall- Kårstø Norway · gas curated, Sodir 20 Feb 2026
- Loaded onto ships oil curated, Sodir 20 Feb 2026
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
The gas is exported via the Åsgard Transport System (ÅTS) to the terminal at Kårstø. Oil and condensate is offloaded from the Norne FPSO to shuttle tankers.
Quoted from Sodir's field description, updated 20 Feb 2026. Sodir, field description
Notes
- Oil loaded onto ships has no fixed route after the field. The buyers are not known.
- Gas is mixed in the pipeline network. A «possible route» is a pipeline connection onwards from a junction or an onshore plant, not a measure of where the field's gas actually goes.
- The arrows show direction, not volume. The direction is Sodir's from → to for each pipeline; Sodir has no flow per pipeline.
Rigs
Rigs that have drilled on Verdande in the last three yearsSodir, wellbores · 7 Oct 2026; Sodir, mobile facilities · 7 Oct 2026
| Rig | Responsible company (Sodir) | Latest well | Operator | Spudded | Wellbores, 3 yrs |
|---|---|---|---|---|---|
| Transocean Encourage | Transocean | 6608/10-V-3 H | Equinor | 6 Jan 2025 | 3 |
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
| Name | Type | Operator | Link | Owners |
|---|---|---|---|---|
| Gassled | Joint venture | Gassco | onward | Petoro (SDFI) 100.00% |
| Norne Gasstransport | Pipeline | Gassco | onward | Petoro (SDFI) 100.00% |
Events
Ownership changes, exploration wells and discoveries, rigs that move, production start-up and contracts, with a link to the source.
- Production
Production started on Verdande
Owners: Equinor 59.268%, Petoro (SDFI) 22.407%, DNO 14.825% and JAPEX 3.5%
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
- 8.4 NOK bnestimateAug 2025–Jul 2026
- July 2026
- 1.1 NOK bnestimateBrent USD 83.76/bbl · gas EUR 54.0/MWh
- Share of the shelf's value
- 0.716%estimatelast 12 months
- Gas in the value
- 6%estimatelast 12 months
Oil and condensateGasNGL
Show as table
| Month | Oil and condensate | Gas | NGL | Total (NOK bn) |
|---|---|---|---|---|
| Jul 2026 | 1.0 | 0.03 | 0.02 | 1.1 |
| Jun 2026 | 1.0 | 0.03 | 0.01 | 1.1 |
| May 2026 | 1.3 | 0.05 | 0.03 | 1.4 |
| Apr 2026 | 1.1 | 0.05 | 0.02 | 1.2 |
| Mar 2026 | 1.1 | 0.12 | 0.02 | 1.3 |
| Feb 2026 | 0.77 | 0.08 | 0.02 | 0.86 |
| Jan 2026 | 0.82 | 0.09 | 0.02 | 0.94 |
| Dec 2025 | 0.61 | 0.06 | 0.02 | 0.69 |
| Nov 2025 | 0.00 | 0.00 | 0.00 | 0.00 |
| Oct 2025 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sep 2025 | 0.00 | 0.00 | 0.00 | 0.00 |
| Aug 2025 | 0.00 | 0.00 | 0.00 | 0.00 |
| Jul 2025 | 0.00 | 0.00 | 0.00 | 0.00 |
| Jun 2025 | 0.00 | 0.00 | 0.00 | 0.00 |
| May 2025 | 0.00 | 0.00 | 0.00 | 0.00 |
| Apr 2025 | 0.00 | 0.00 | 0.00 | 0.00 |
| Mar 2025 | 0.00 | 0.00 | 0.00 | 0.00 |
| Feb 2025 | 0.00 | 0.00 | 0.00 | 0.00 |
| Jan 2025 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dec 2024 | 0.00 | 0.00 | 0.00 | 0.00 |
| Nov 2024 | 0.00 | 0.00 | 0.00 | 0.00 |
| Oct 2024 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sep 2024 | 0.00 | 0.00 | 0.00 | 0.00 |
| Aug 2024 | 0.00 | 0.00 | 0.00 | 0.00 |
The owners, last 12 monthsestimate
| Owner | Share | Value |
|---|---|---|
| Equinor | 59.27% | 5.0 NOK bn |
| Petoro (SDFI) | 22.41% | 1.9 NOK bn |
| DNO | 14.83% | 1.2 NOK bn |
| JAPEX | 3.50% | 296 NOK m |
| Aker BP | 0.00% | 24 NOK m |
| ORLEN | 0.00% | 5.7 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.
- ENTSOG Transparency Platform, entry points for Norwegian gas (the points in OESA's gas panel); position from the Norwegian Offshore Directorate 7 Oct 2026
- OESA, pipeline graph derived from Sodir pipelines and facilities (merging ≤0.8 km, tee ≤4 km, branch ≤1 km) 7 Oct 2026Pipelines are linked on the Sodir facility ids. Pipeline ends without a continuation are linked into the nearest pipeline with the same medium within 4 km.
- Norwegian Offshore Directorate, wellbores with drilling facility (spudded in the last three years) 7 Oct 2026 · licence NLOD 2.0
- Norwegian Offshore Directorate, licensees per field (current shares) 7 Oct 2026 · licence NLOD 2.0
- Norwegian Offshore Directorate, fields: status, operator and supply base 28 Sep 2026 · licence NLOD 2.0
- Norwegian Offshore Directorate, mobile facilities (responsible company and Acknowledgement of Compliance) 7 Oct 2026 · licence NLOD 2.0
- Norwegian Offshore Directorate, facilities 7 Oct 2026 · licence NLOD 2.0
- Norwegian Offshore Directorate, marketable production per field and month 7 Oct 2026 · licence NLOD 2.0
- Norwegian Offshore Directorate, reserves per field 7 Oct 2026 · licence NLOD 2.0
- Norwegian Offshore Directorate, transport pipelines 7 Oct 2026 · licence NLOD 2.0
- Norwegian Offshore Directorate, owners and operators of pipeline systems and plants (TUF) 7 Oct 2026 · licence NLOD 2.0
- Norwegian Offshore Directorate, field description Verdande (Transport), curated by OESA 20 Feb 2026 · licence NLOD 2.0
- Norwegian Offshore Directorate, field description Norne (Transport), curated by OESA 20 Feb 2026 · licence NLOD 2.0
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.