Oil Megaprojects (2014) - Detailed List of Projects For 2014

Detailed List of Projects For 2014

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
Algeria Gassi Touil 2014 Sonatrach LAND Condensate 40
Angola Block 14 Lucapa 2014 Chevron ODW Crude 100 2006
Angola Block 14 Malange Pinda 2014 Chevron ODW Crude 40 2007
Angola Block 17 CLOV (Cravo; Lirio; Orquidea; Violeta) 2014 Total ODW Crude 160
Iran Azadegan Phase II (south) 2014 NIOC LAND Crude Light & Heavy 5.200 110 1999
Iran Ferdows Golshan 2014 SKS Ventures NGL 70
Iran South Pars Ph 11-13-18 2014 Various OFF Condensate NGL 2016 360
Nigeria Bonga SW; Aparo 2014 Shell Crude Light 0.600 140 1998/2001
Nigeria Egina 8/2013 Total ODW Crude 0.6 150 2000
Qatar Pearl GTL Phase II 2014 Shell Products Diesel 70
Qatar Pearl NGL Phase II 2014 Shell NGL 60
Saudi Arabia Shaybah Ph 3 2014 Saudi Aramco LAND Crude Extra Light 0 No FID 250 kbd
UAE North East Bab EOR 2014 ADNOC LAND Crude 120
Non-OPEC
Australia Balnaves Development Project 2014 Apache Energy/KUFPAC ODW Crude 30
Australia Coniston Oil Field Project 2014 Apache Energy/Inpex ODW Crude 22 Expansion
Australia Ichthys 2014 INPEX ODW NGL 0.527 100 2000 FEED/No FID
Brazil Marlim Sul Module 4 2014 Petrobras ODW heavy 0 No FID 100 kbd
Brazil Iara 2014 Petrobras ODW 100
Brazil Sapinhoa Norte 09/2014 Petrobras ODW Crude 150 Previously called Guara
Brazil Cernambi Sul 10/2014 Petrobras ODW Crude 32 API 1.8 150 Previously called Iracema
Canada AOSP Jackpine Mine (Ph 1B) 2014 Albian Sands LAND Bitumen TAR 100
Canada Jackpine Mine (Ph 2) 2014 Albian Sands LAND Bitumen Oil Sands 0 No FID 100 kbd
Canada Fort Hills Mine (Ph 3-4) 2014 Petro-Canada/UTS /Teck Cominco LAND Bitumen Oil Sands 0 90 kbd suspended Mining/Upgrading/Approved
Canada Joslyn Ph 1 (Deer Creek) 2014 Total Bitumen 50
Canada Long Lake Upgrader Ph 2 2014 OPTI /Nexen LAND Bitumen Oil Sands 60 Mining/Upgrading/Approved
Canada Sunrise Ph 2 2014 Husky Energy Oil sands Bitumen 1.0-2.2 0 SAGD No FID
Kazakhstan Karachaganak Phase III 2014 BG/Eni LAND Crude 2015 120 1979 No FID
Mexico (Chicontepec) Exp 2 2014 PEMEX LAND Heavy 2.287 2020 200
Russia Vladimir Filanovsky 2014 Lukoil LAND 120
USA Alaska Gas (Point Thomson) 2014 ExxonMobil LAND Condensate 0.2 10
USA Puma 2014 BP ODW Crude 0.2 40
USA Tubular Bells 2014 BP ODW Crude 0.2 40
USA Jack 2014 Chevron ODW Crude 0.2 170

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