Asset Report

Åsgard

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Åsgard is one of the largest and most complex subsea projects in the world, located 200 kilometres offshore Norway in the Vøring basin of the Norwegian Sea. It includes the development of five separate fields: Midgard, Smørbukk, Smørbukk Sør, Smørbukk Nord and Blåbjørn. The fields have produced over 2.5 billion boe since the late 1990s.The fields are being produced via subsea wells tied back to the Åsgard A Floating Production, ...

Table of contents

    • Midgard Subsea Compression
    • Smørbukk Sør Extension
    • Low Pressure Production (phase 3) project to be fully onstream in 2025
    • Subsea Compression phase II to start-up in 2025
    • Åsgard facilities face high late-life operating costs
    • Infill drilling
    • Development of Smørbukk Nord
    • Blåbjørn onstream in 2023
    • Smørbukk Midt prospect
    • Infrastructure life extension
    • 2 more item(s)...
    • Historical licensing and corporate activity
  • Midgard
  • Smørbukk
  • Smørbukk Sør
  • Smørbukk Nord
  • Blåbjørn
  • Exploration in the surrounding area
    • Midgard
    • Smørbukk
    • Smørbukk Sør and Blåbjørn
    • Smørbukk Nord
  • Midgard
  • Smørbukk
  • 21 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Participation
  • Field Characteristics
  • Field Hydrocarbon Characteristics
  • Midgard
  • Smørbukk
  • Smørbukk Sør
  • Smørbukk Nord
  • Reserves (2P) at 01/01/2026
  • Production (2015-2024)
  • Production Profile
  • Capital Costs 2022 to 2024 (NKr million)
  • Capital Costs 2023 to 2025 (NKr million)
  • 19 more item(s)...

What's included

This report contains:

  • Document

    Åsgard

    PDF 3.02 MB

  • Document

    Åsgard

    PDF 2.16 MB