Oil Megaprojects (2015) - Detailed List of Projects For 2015

Detailed List of Projects For 2015

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
Iran Darkhovin Ph 3 2015 Eni LAND Crude 120
Iran Kharg NGL 2015 NIOC LAND NGL 85
Iran South Pars Ph 19-24 2015 NIOC Condensate NGL Light 2016 240
Iran Yadavaran Ph 2 2015 Sinopec LAND Crude Heavy 3.20 100 2000
UAE Upper Zakum Exp 2015 ADNOC Crude Light 2017 200 1963 No FID
Saudi Arabia Manifa Ph 1 2015 Saudi Aramco OFF Crude 28 API 16.820 300 1957
Saudi Arabia Manifa NGL 2015 Saudi Aramco OFF NGL 65 1957
Venezuela Orinoco Carabobo II 2015 PDVSA Crude 7-10 API 5.7 2017 200 no FID
Non-OPEC
Angola Block 14 Lianzi 2015 Chevron ODW Crude 46
Azerbaijan Inam / Yamalah 2015 Socar BP Crude 2.000 200
Brazil Cachalote Ph 2 (Baleia Franca; Baleia Ana) 2015 Petrobras ODW 19-30 API 100
Brazil Tupi oil field 2015 Petrobras Santos BM-S-11 28 5 2016 200 2007 No FID
Canada Birch Mountain (Phase 2) 2015 CNRL LAND Bitumen Oil sands 30 In-Situ, Announced
Canada Borealis Ph 1 2015 EnCana LAND Bitumen Oil sands 35 In-Situ, Application
Canada Horizon Mine & Upgrader (Phase 4) 2015 CNRL LAND Bitumen Oil sands 145 Mining&Upgrading, Announced
Canada Surmont Ph 2 2015 ConocoPhillips Oil sands Bitumen 130
East Timor Greater Sunrise 2015 Woodside NGL 0.300 25 No FID
Russia Shtokman 2015 Gazprom OFF NGL 0.200 2020 15
South Africa Mafutha CTL 2015 Sasol CTL 80 No FID
UK Rosebank/Lochnagar 2015 Chevron OFF Crude 0.450 2015 75 2004 No FID
UK Western Isles 2015 Dana Petroleum OFF Crude 40 No FID
USA Jack; St Malo 2015 Chevron ODW Crude 1-15 200+ No FID
USA Kaskida 2015 BP ODW Crude 0 No FID 140 kbd

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