Detailed List of Projects For 2016
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 32 Kaombo (Gindungo; Canela; Gengibre; Mostarda) | 2016 | Total | ODW | Crude | 0.3 | 200 | No FID, could be postponed up to 2018 | ||||||
| Saudi Arabia | Manifa Ph 2 | 2016 | Saudi Aramco | OFF | Crude | 28 API | 16.820 | 300 | 1957 | |||||
| Non-OPEC | ||||||||||||||
| Canada | Hebron (Ben Nevis) | 2016 | Exxon | OFF | Crude | Heavy | 0.730 | 140 | 1981 | |||||
| Canada | Sunrise Ph 3 | 2016 | Husky Energy | Tar sands | Bitumen | 1.0-2.2 | 0 | No FID, 50 kbd | SAGD | |||||
| Canada | NAOSC Strathcona Ph 1 | 2016 | StatoilHydro | LAND | Bitumen | TAR | 65 | |||||||
| Canada | Gregoire Lake (Phase 1) | 2016 | CNRL | LAND | Bitumen | Tar sands | 30 | In-Situ, Announced | ||||||
| Canada | Joslyn Ph 2 | 2016 | CNRL | LAND | Bitumen | Tar sands | 0 | Application No FID 50 kbd | ||||||
| Canada | Long Lake Upgrader Ph 3 | 2016 | OPTI /Nexen | LAND | Bitumen | Tar Sands | 0 | Mining, Upgrading, No FID, 60 kbd | ||||||
| Kazakhstan | Kashagan (Phase 2+, Satellites) | 2016 | ENI | OFF | Crude | 45 API | 7.8 | 2020 | 850 | 2000 | $136B, No FID | |||
| Malaysia | Malikai | 2016 | Shell | ODW | Crude | 150 | 2004 | |||||||
| United Kingdom Falkland Islands | Sea Lion | 2016 | Rockhopper | OFF | Crude | .3556 | 2016 | 70 | ||||||
Read more about this topic: Oil Megaprojects (2016)
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