Gas hydrate (GH) accumulation is characterized and modeled for the Hakon Mosby mud volcano, ca. 1.5 km across, located on the Norway-Barents-Svalbard margin. Pore water chemical and isotopic results based on shallow sediment cores as well as geothermal and geomorphological data suggest that the GH accumulation is of a concentric pattern controlled by and formed essentially from the ascending mud volcano fluid. The gas hydrate content of sediment peaks at 25% by volume, averaging about 1.2% throughout the accumulation. The amount of hydrate methane is estimated at ca. 108 m3 STP, which could account for about 1-10% of the gas that has escaped from the volcano since its origin.