The Jotun field is developed with two installations; a wellhead/drilling platform (Jotun B) which produces to a floating production, storage, and offloading vessel (FPSO, Jotun A).  The field is located in the North Sea 200 km west of Stavanger.

The average production rate in 2007 was 9, 000barrels of oil per day.  Jotun production has been on decline over the last few years, thus resulting in spare production capacity.  In order to utilize this capacity, Balder was connected to Jotun via a gas pipeline in 2003, while pipelines where installed between Ringhorne and Jotun in 2004, allowing parts of the Ringhorne field to produce to the Jotun FPSO in addition to Balder.  In 2007, Ringhorne sent an average of 41, 000 barrels of oil per day to Jotun for final processing and storage prior to export.  In addition, 25 Million standard cubic feet per day of gas was exported to Jotun from Balder and Ringhorne for gas sales.

ExxonMobil is the operator of Jotun and has 45% equity in the field.  Other participants are Dana (45%), Petoro (3%), and Lundin (7%).