A gasket assembly (100) is disclosed for use between adjacent flange surfaces which includes a reusable annular base plate (112) having an inner periphery and opposed upper and lower surfaces, and replaceable a spring energized sealing ring (114) releasably retained within the inner periphery of the base plate (112) and including a resilient spring element (122) surrounded by a deformable jacket (124) that extends beyond the upper and lower surfaces of the base plate (112) to conform to surface irregularities in the flange surfaces upon compression of the gasket (100) between the flange surfaces.