Oil Megaprojects (2008) - Detailed Project Table For 2008

Detailed Project Table For 2008

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 15 Kizomba C (Mondo) 1/2008 ExxonMobil OFF Crude 0.590 100 1998–2000
Angola Block 15 Kizomba C (Saxi; Batuque) 7/2008 ExxonMobil OFF Crude 0.310 100 1998–2000
Indonesia North Duri Area 12 11/2008 Chevron LAND Crude Heavy 2012 34
Iran Azadegan Phase I (south) 2/2008 NIOC LAND Crude Light & Heavy 5.200 2012 160 1999
Iran Aghajari Exp 4/2008 NIOC LAND Crude EOR 2010 120
Iran Darkhovin Ph 2 (Masjid; Suleiman) 1/2008 Eni NIOC LAND Crude 39 API 2008 110
Iran South Pars phase 6-7-8 10/2008 Statoil OFF Condensate NGL 2009 180
Iraq Kirkuk (Khurmala Dome) 7/2008 KNOC LAND Crude 35 API 2009 100 1927
Iraq Tawke 7/2008 DNO LAND Crude 0.230 2009 50
Kuwait Project Kuwait Phase I 12/2008 KOC LAND Crude Heavy 2012 50 No FID
Nigeria EA expansion 11/2008 Shell OFF Crude 80
Nigeria Agbami 7/2008 Chevron ODW Crude 47.2 API 1.0 2010 230 $US 5.2B
Nigeria EA NGL 2 (Oso) 11/2008 ExxonMobil OFF NGL 0.275 2008 40 $US 1.3B
Saudi Arabia AFK Ph 1 (Abu Hadriya; Fadhili; Khursaniyah) 9/2008 Saudi Aramco LAND Crude Light 2008 300 1956
Saudi Arabia Hawiyah 9/2008 Saudi Aramco LAND NGL NGL 2009 310 1953
Venezuela Corocoro Ph 1 1/2008 PDVSA OFF Crude 24 API 0.45 2009 70
Non-OPEC
Australia Angel 10/2008 NWS Venture OFF Condensate Light 2008 50
Australia Vincent 8/2008 Woodside OFF Crude 17 API 0.073 2008 30 1998
Azerbaijan ACG Phase III (Gunashli) 4/2008 BP OFF Crude 0.540 260 1970–1979
Brazil Badejo-Siri (FPSO Cidade de Rio das Ostras) 4/2008 Petrobras OFF Crude 13 API 15
Brazil Cachalote Pilot (Baleia Franca) 12/2008 Petrobras ODW Crude 19-23 API 0.35 25
Brazil Marlim Leste P-53 11/2008 Petrobras ODW Crude 19-20 API 2010 180 1987
Canada Long Lake Upgrader Ph 1 8/2008 OPTI /Nexen LAND Bitumen Tar Sands 60 Mining, Upgrading, in construction
Canada Millennium Coker Unit 2008 Suncor LAND Bitumen Tar sands 30
Canada Horizon Oil Sands Project (Phase I) 12/2008 CNRL LAND Bitumen Tar sands 110 CA$7.7 B Mining&Upgrading, first phase at 135 kbpd
Canada Christina Lake Ph 1B 9/2008 EnCana LAND Bitumen Tar Sands 10 In-Situ, Approved
Canada Christina Lake Ph 2 8/2008 MEG Energy (CNOOC interest) LAND Bitumen Tar Sands 20 In-Situ, Approved
Canada Jackfish Ph 1 3/2008 Devon Energy LAND Bitumen Tar sands 0.600 2009 30 $730 mln
China Erdos CTL Ph 1 10/2008 Shenhua LAND Products Diesel 20
China Tahe Exp 2008 Sinopec LAND Crude 2010 100 2007
China Wenchang Exp 7/2008 CNOOC OFF Crude 40
China Xijiang 23-1 6/2008 CNOOC OFF Crude 2009 40 2003
Congo Moho Bilondo 4/2008 Total ODW Crude 0.23 2010 90
Egypt Saqqara 3/2008 BP LAND Crude 40
India MA field (KG-D6) 9/2008 Reliance ODW Crude 42 API 0.14 2009 40
Kazakhstan Dunga 3/2008 Maersk LAND Crude 0.4 150
Kazakhstan Komsomolskoe 5/2008 Petrom LAND 10
Mexico (Chicontepec) Exp 1 2008 PEMEX LAND Heavy 2.287 2014 200
Mexico Antonio J Bermudez Exp 5/2008 PEMEX LAND 1.867 5/2008 20
Mexico Bellota Chinchorro Exp 5/2008 PEMEX LAND 0.250 5/2008 20

Mexico Ixtal Manik 2008 PEMEX OFF 0.177 2008 55
Mexico Jujo Tecominoacan Exp 2008 PEMEX LAND 0.854 2008 15
Norway Alvheim; Volund; Vilje 6/2008 Marathon OFF Crude 0.205 2009 100
Norway Volve 2/2008 StatoilHydro OFF Crude 0.079 2009 35
Oman Mukhaizna EOR Ph 1 2008 Occidental Crude 16 API 1 2009 40
Philippines Galoc 10/2008 GPC OFF Crude 35 API 0.030 2008 15 1981
Russia Talakan Ph 1 10/2008 Surgutneftegaz LAND Crude 2010 60
Russia Verkhnechonsk Ph 1 (early oil) 10/2008 TNK-BP Rosneft LAND Crude 1.480 2009 20 1978
Russia Yuzhno-Khylchuyuskoye "YK" Ph 1 8/2008 LukoilConocoPhillips LAND Crude 35.3 API 0.5 2009 75 1981
Thailand Bualuang 8/2008 Salamander OFF Crude 27 API 0.02 2008 10 1992
UK Britannia Satellites (Callanish; Brodgar) 7/2008 Conoco Phillips OFF Crude 25
USA Blind Faith 11/2008 Chevron ODW Crude 0.06 2009 45
USA Neptune 7/2008 BHP Billiton OFF Crude 0.05 2008 25
USA Oooguruk 6/2008 Pioneer OFF Crude 0.09 2011 15
USA Qannik 7/2008 ConocoPhillips LAND Crude 30 API 2009 4 2006
USA Thunder Horse 6/2008 BP ODW Crude 1.0 2009 210 1999–2001
USA Ursa Princess Exp 1/2008 Shell ODW Crude 30
Vietnam Ca Ngu Vang (Golden Tuna) 7/2008 HVJOC ODW Crude 15
Vietnam Su Tu Vang 10/2008 Cuu Long Joint OFF Crude 40 2001
Vietnam Song Doc 12/2008 Talisman OFF Crude 0.02 10

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