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

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