Oil megaprojects (2015)

This page summarizes projects that propose to bring more than 20,000 barrels per day (3,200 m³/d) of new liquid fuel capacity to market with the first production of fuel beginning in 2015. This is part of the Wikipedia summary of Oil Megaprojects.

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Overview

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2012

2013

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2015

2016

2017

2018

2019

2020

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.^[1]
• 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	Lianzi field	2015	Chevron	ODW	Crude					46				[2]
Angola	Mafumeira Sul	2015	Chevron	ODW	Crude					120				[2]
Iran	Darkhovin Ph 3	2015	Eni	LAND	Crude					120				[3][4]
Iran	South Pars Ph 15-16	2015	POGC,ISOICO		Condensate NGL	Light			2016	80				[5]
Nigeria	Forcados Yokri IP	2015	Shell		Crude	Light	0.600			90				[6]
Nigeria	Zabazaba-Etan	2015	Eni		Crude					120				[6]
UAE	Upper Zakum Exp	2015	ADNOC		Crude	Light			2017	200	1963		No FID	[7][8]
Saudi Arabia	Manifa Ph 1	2015	Saudi Aramco	OFF	Crude	28 API	16.820			300	1957			[9][10][11][12][13][14][15]
Saudi Arabia	Manifa NGL	2015	Saudi Aramco	OFF	NGL					65	1957			[16]
Venezuela	Orinoco Carabobo II	2015	PDVSA		Crude	7-10 API	5.7		2017	200			no FID	[17][18][19][20][21]
Non-OPEC
Azerbaijan	Inam / Yamalah	2015	Socar BP		Crude		2.000			200				[22]
Brazil	Cachalote Ph 2 (Baleia Franca; Baleia Ana)	2015	Petrobras	ODW		19-30 API				100				[23][24][25]
Brazil	Tupi oil field	2015	Petrobras	Santos BM-S-11		28	5		2016	200	2007		No FID	[26][27][28][29]
Canada	Birch Mountain (Phase 2)	2015	CNRL	LAND	Bitumen	Oil sands				30			In-Situ, Announced	[30]
Canada	Borealis Ph 1	2015	EnCana	LAND	Bitumen	Oil sands				35			In-Situ, Application	[31]
Canada	Horizon Mine & Upgrader (Phase 4)	2015	CNRL	LAND	Bitumen	Oil sands				145			Mining&Upgrading, Announced	[30]
Canada	Surmont Ph 2	2015	ConocoPhillips		Oil sands	Bitumen				130				[32]
East Timor	Greater Sunrise	2015	Woodside		NGL		0.300			25		No FID		[33][34]
Russia	Shtokman	2015	Gazprom	OFF	NGL		0.200		2020	15				[35][36][37]
South Africa	Mafutha CTL	2015	Sasol		CTL					80		No FID		[38]
UK	Rosebank/Lochnagar	2015	Chevron	OFF	Crude		0.450		2015	75	2004		No FID	[39][40][41][42][43]
UK	Western Isles	2015	Dana Petroleum	OFF	Crude					40			No FID	[44]
USA	Jack; St Malo	2015	Chevron	ODW	Crude		1-15			200+		No FID		[45][46][47]
USA	Kaskida	2015	BP	ODW	Crude					0		No FID 140 kbd		[48]

References

1. "Oilfield Glossary".
2. "EIA Angola Overview".
3. "Kazakhstan gets cracking on China pipe". Upstream Online (NHST Media Group). 2007-09-20. (subscription required). Retrieved 2007-09-20.
4. "Iran Darkhovin oil field at 100k bpd output". Reuters. 2008-01-13. Retrieved 2011-03-19.
5. title= EIA Iran Overview
6. "EIA Nigeria Analysis".
7. "Adnoc moving ahead". The National. 2008-11-08. Retrieved 2011-03-19.
8. "Epic victory for duo at Zakum". Upstream Online (NHST Media Group). 2007-08-02. (subscription required). Retrieved 2007-08-02.
9. "Projects Timeline, Facts and Figures - 2006, Saudi Aramco" (PDF).
10. "Relationship between Giant Field Data and Ultimate Recoverable Oil, Search and Discovery Article #40236, May 12, 2007".
11. "Saudi Aramco to Complete Manifa Oil Field in 2015 (Update2), Bloomberg, December 3, 2009". December 3, 2009.
12. "Saudi Oil: A Crude Awakening on Supply?, BusinessWeek, July 10, 2008".
13. "Falling Oil Prices Taking its Toll in More than One Way, Menafn.com, December 12, 2008".
14. "Saudi Arabia: the 2009 Budget and Macroeconomic Prospects, Samba Financial Group, December 2008" (PDF).
15. "Aramco raises energy production capability, Saudi Gazette, May 26, 2009".
16. "Ensuring Energy Security Is a Costly Affair, Zawya, February 15, 2008".
17. "UPDATE:Petrobras Limits Stake In Venezuela Carabobo I To 10%, Morningstar, March 27, 2008".
18. "Atraso en refinería de Pernambuco, Venezuela Real, December 15, 2007".
19. "Venezuela, Energy Information Administration (DOE), updated October, 2007".
20. "Carabobo Block in Orinoco Oil Belt likely to produce more than 800,000 bpd, El Universal, October 31, 2008".
21. "Venezuela delays bidding in Orinoco belt, BusinessWeek, July 27, 2009".
22. "South Koreans swoop on Inam stake". Upstream Online (NHST Media Group). 2007-10-10. (subscription required). Retrieved 2007-10-10.
23. "2020 Petrobras Strategic Business Plan, Petrobras, September 10, 2007" (PDF).
24. "Espirito Santo: The New Deepwater Frontier in Brazil, JPT, September 2007" (PDF).
25. "Exploration & Production, Development of the Cachalote, Baleia Franca, and Baleia Anã fields, Petrobras, accessed May 22, 2008".
26. "Tupi, the new kid in town, The Oil Drum:Europe, November 22, 2007".
27. "1 Mbbl/d not out of reach, Petrobras CFO".
28. "God is Brazilian?, Dave Cohen, ASPO USA, December 5, 2007".
29. "Petrobras Overview, Petrobras, November 22, 2007" (PDF).
30. Canada's Oil Sands - Opportunities and Challenges to 2015: An Update (PDF), NEB
31. Canadian Oil Sands Projects - Jan 2008
32. "Exploration and Production operations in North America, December 19, 2012".
33. "Woodside juggles LNG priorities". Upstream Online (NHST Media Group). 2007-11-15. (subscription required). Retrieved 2007-11-15.
34. "The Greater Sunrise Field, Timor Sea Office, viewed December 12, 2007". Archived from the original on November 19, 2007.
35. "SHTOKMAN PROJECT, Gazprom, viewed December 11, 2007".
36. "What the Russian papers say, Novosti, May 6, 2008".
37. Chazan, Guy (November 19, 2009). "Shtokman Production Delayed Two Years, Wall Street Journal, November 19, 2009". The Wall Street Journal.
38. "Sasol – investor day, New York, Sasol, April 8, 2008" (PDF).
39. "United Kingdom, Chevron, viewed July 17, 2009".
40. "Q3 2007 Chevron Earnings Conference Call, Chevron, November 2, 2007".
41. "A Long Way to Go, Faroe Business Report, November 2007".
42. "Dong E&P works out a number of FIDs, Faroe Business Report, October 2008".
43. "Offshore247.com - Weekly Summary - 49, December 8, 2008".
44. "Western Isles, viewed December 20, 2012".
45. "Peak Oil Production and the Implications to the State of Connecticut, Report to Legislative Leaders and the Governor, The Legislative Peak Oil and Natural Gas Caucus, November 2007" (PDF).
46. "Big oil discovery in Gulf of Mexico - Wall Street Journal, Finfacts Ireland, September 5, 2006".
47. "Chevron Postpones $3 Billion Jack Prospect in Gulf (Update2), Bloomberg, June 13, 2007". June 13, 2007.
48. "Gulf of Mexico Presentation, BP, May 25, 2009" (PDF).