Oil Megaprojects (2007) - Detailed Project Table For 2007

Detailed Project Table For 2007

Terminology

  • Year Startup: year of first oil. put specific date if available.
  • Operator: company undertaking the project.
  • Area: onshore (LAND), offshore (OFF), offshore deep water (ODW), tar sands (TAR).
  • Type: liquid category (i.e. Natural Gas Liquids, Natural gas condensate, Crude oil)
  • Grade: oil quality (light, medium, heavy, sour) or API gravity
  • 2P resvs: 2P (proven + probable) oil reserves in giga barrels (Gb).
  • GOR: The ratio of produced gas to produced oil, commonly abbreviated GOR.
  • Peak year: year of the production plateau/peak.
  • Peak: maximum production expected (thousand barrels/day).
  • Discovery: year of discovery.
  • Capital investment: expected capital cost; FID (Final Investment Decision) - If no FID, then normally no project development contracts can be awarded. For many projects, a FEED stage (Front End Engineering Design) precedes the FID.
  • Notes: comments about the project (footnotes).
  • Ref: list of sources.
Country Project Name Year startup Operator Area Type Grade 2P resvs GOR Peak Year Peak Discovery Capital Inv. Notes Ref
OPEC
Angola Block 0 Banzala 6/2007 Chevron ODW Crude 2009 25
Angola Block 18 Greater Plutonio (Galio; Cromio; Paladio; Plutonio) 10/2007 BP ODW Crude Medium 0.750 2008 240 1998–2001
Angola Block 15 Marimba North 10/2007 ExxonMobil ODW Crude 40
Angola Block 17 Rosa 6/2007 Total ODW Crude 0.370 150 1998
Indonesia Kerisi; Hiu; North Belut 12/2007 ConocoPhillips OFF Condensate 2010 40
Indonesia Oyong 9/2007 Santos OFF Crude Light 10
Iran Salman; Forouzan; Doroud Exp 2007 Total Crude Medium 200
Kuwait Burgan Maint (GC14 Upgrade) 2007 KOC Crude 60
Libya Al Jurf Exp 5/2007 Total Crude 10
Qatar Dolphin; Al Khalij 7/2007 QP/Total Condensate 2009 100
Qatar Dolphin; Al Khalij 7/2007 QP/Total NGL 2009 80
Non-OPEC
Australia Puffin 10/2007 AED OFF Crude 0.05 2008 35
Australia Stybarrow 11/2007 BHP Billiton ODW Crude 0.06-0.09 2008 70 2003 A$760m
Brazil Espadarte Sul MV14 1/2007 Petrobras ODW Crude 100
Brazil Roncador P-52 11/2007 Petrobras ODW Crude 18 API 2009 180 1996
Brazil Roncador Mod 2 P-54 12/2007 Petrobras ODW Crude 18 API 2008 180 1996
Brazil Golfinho Mod 2 (Cidade de Vitoria) 11/2007 Petrobras ODW Crude Light 100 2003
Brazil Piranema 10/2007 Petrobras ODW Crude 44 API 0.032 2009 30
Brazil Polvo 7/2007 Devon OFF Crude 19 API 0.050 2008 50 2004 $300 mln

Canada Firebag Cogen Exp 2007 Suncor LAND Bitumen Tar Sands 20
Canada Surmont Ph 1 2007 ConocoPhillips LAND Bitumen Tar Sands 2012 25
Kazakhstan Tengiz Phase I SGI/SGP Exp 11/2007 Chevron LAND Crude 3.300 2009 285 1979
Malaysia Kikeh 8/2007 Murphy ODW 0.400 2008 120

New Zealand Tui 7/2007 AWE 0.042 2007 40
Norway Ormen Lange 9/2007 StatoilHydro NGL 50
Norway Statfjord LL Exp 5/2007 StatoilHydro 70
Russia Salym Exp (West Salym; Upper Salym; Vadelyp) 2/2007 Shell/Sibir LAND Crude 2010 80
UK Blane; Enoch 7/2007 Talisman Crude 0.040 2008 30
UK Brenda; Nicol 6/2007 Oilexco OFF Crude 30
UK Buzzard 1/2007 Nexen Crude 0.550 2007 200
UK Tweedsmuir 5/2007 Talisman Crude 2008 45 1983
USA Gengis Khan 10/2007 BHP Billiton OFF Crude 2008 55
USA Atlantis North;South 10/2007 BP ODW 0.770 200 1998

Read more about this topic:  Oil Megaprojects (2007)

Famous quotes containing the words detailed, project and/or table:

    “... every event has had its cause, and nothing, not the least wind that blows, is accident or causeless. To understand what happens now one must find the cause, which may be very long ago in its beginning, but is surely there, and therefore a knowledge of history as detailed as possible is essential if we are to comprehend the past and be prepared for the future.”
    —Pearl S. Buck (1892–1973)

    “Although I mean it, and project the meaning
    As hard as I can into its brushed-metal surface,
    It cannot, in this deteriorating climate, pick up
    Where I leave off.”
    —John Ashbery (b. 1927)

    ““A sigh for every so many breath,
    And for every so many sigh a death.
    That’s what I always tell my wife
    Is the multiplication table of life.””
    —Robert Frost (1874–1963)