Oil megaprojects (2007) explained

This page summarizes projects that brought more than 20000oilbbl/d of new liquid fuel capacity to market with the first production of fuel beginning in 2007. This is part of the Wikipedia summary of Oil Megaprojects.

Quick links to other years

Overview

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Detailed project table for 2007

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	Block 0 Banzala	6/2007	Chevron	ODW	Crude				2009	25				^[2] ^[3]
Angola	Block 18 Greater Plutonio (Galio; Cromio; Paladio; Plutonio)	10/2007	BP	ODW	Crude	Medium	0.750		2008	240	1998–2001			^[4] ^[5] ^[6]
Angola	Block 15 Marimba North	10/2007	ExxonMobil	ODW	Crude					40				^[7]
Angola	Block 17 Rosa	6/2007	TotalEnergies	ODW	Crude		0.370			150	1998			^[8] ^[9]
Indonesia	Kerisi; Hiu; North Belut	12/2007	ConocoPhillips	OFF	Condensate				2010	40				^[10] ^[11] ^[12]
Indonesia	Oyong	9/2007	Santos	OFF	Crude	Light				10				^[13]
Iran	Salman; Forouzan; Doroud Exp	2007	TotalEnergies		Crude	Medium				200				^[14] ^[15]
Kuwait	Burgan Maint (GC14 Upgrade)	2007	KOC		Crude					60				^[16] ^[17] ^[18] ^[19]
Libya	Al Jurf Exp	5/2007	TotalEnergies		Crude					10				^[20]
Qatar	Dolphin; Al Khalij	7/2007	QatarEnergy/TotalEnergies		Condensate				2009	100				^[21] ^[22] ^[23]
Qatar	Dolphin; Al Khalij	7/2007	QatarEnergy/TotalEnergies		NGL				2009	80
Non-OPEC
Australia	Puffin	10/2007	AED	OFF	Crude		0.05		2008	35				^[24] ^[25]
Australia	Stybarrow	11/2007	BHP Billiton	ODW	Crude		0.06-0.09		2008	70	2003	A$760m		^[26]
Brazil	Espadarte Sul MV14	1/2007	Petrobras	ODW	Crude					100				^[27] ^[28] ^[29]
Brazil	Roncador P-52	11/2007	Petrobras	ODW	Crude	18 API			2009	180	1996			^[30] ^[31]
Brazil	Roncador Mod 2 P-54	12/2007	Petrobras	ODW	Crude	18 API			2008	180	1996
Brazil	Golfinho Mod 2 (Cidade de Vitoria)	11/2007	Petrobras	ODW	Crude	Light				100	2003			^[32]
Brazil	Piranema	10/2007	Petrobras	ODW	Crude	44 API	0.032		2009	30				^[33]
Brazil	Polvo	7/2007	Devon	OFF	Crude	19 API	0.050		2008	50	2004	$300 mln		^[34] ^[35] ^[36] ^[37] ^[38] ^[39]
Canada	Firebag Cogen Exp	2007	Suncor	LAND	Bitumen	Tar Sands				20				^[40]
Canada	Surmont Ph 1	2007	ConocoPhillips	LAND	Bitumen	Tar Sands			2012	25				^[41] ^[42] ^[43]
Kazakhstan	Tengiz Phase I SGI/SGP Exp	11/2007	Chevron	LAND	Crude		3.300		2009	285	1979			^[44] ^[45]
Malaysia	Kikeh	8/2007	Murphy	ODW			0.400		2008	120				^[46] ^[47] ^[48] ^[49] ^[50]
New Zealand	Tui	7/2007	AWE				0.042		2007	40				^[51]
Norway	Ormen Lange	9/2007	StatoilHydro		NGL					50				^[52]
Norway	Statfjord LL Exp	5/2007	StatoilHydro							70
Russia	Salym Exp (West Salym; Upper Salym; Vadelyp)	2/2007	Shell/Sibir	LAND	Crude				2010	80				^[53] ^[54]
UK	Blane; Enoch	7/2007	Talisman		Crude		0.040		2008	30				^[55] ^[56]
UK	Brenda; Nicol	6/2007	Oilexco	OFF	Crude					30				^[57]
UK	Buzzard	1/2007	Nexen		Crude		0.550		2007	200				^[58]
UK	Tweedsmuir	5/2007	Talisman		Crude				2008	45	1983			^[59]
United States	Genghis Khan	10/2007	BHP Billiton	OFF	Crude				2008	55				^[60]
United States	Atlantis North;South	10/2007	BP	ODW			0.770			200	1998			^[61]

Notes and References

1. Web site: Oilfield Glossary.
2. Web site: Chevron Annual Report 2007, Chevron, accessed November 30, 2008.
3. Web site: Eni Annual Report 2007, accessed November 30, 2008.
4. Web site: Angola - Oil and Gas: Crude Petroleum and Natural Gas Extraction . 2007-12-11 . https://web.archive.org/web/20080218220726/http://mbendi.co.za/indy/oilg/ogus/af/an/p0005.htm . 2008-02-18 . dead .
5. Web site: BP Uses Parker Instrumentation Fittings for Greater Plutonio.
6. http://www.bp.com/genericarticle.do?categoryId=9018984&contentId=7037248 Production begins at Greater Plutonio
7. Web site: ExxonMobil Announces Startup of Marimba North Project Offshore Angola. ExxonMobil. October 25, 2007.
8. News: Total's Contribution to Sustainable Development, Total, February 15, 2007 . dead . https://web.archive.org/web/20080123061304/http://www.total.com/static/en/medias/topic2186/CSR_Londres_fev_2007_gb.pdf . January 23, 2008 .
9. News: Project News - Production begins in Rosa Field Offshore Angola, Cable Directory, July 2, 2007.
10. News: Bear Stearns Global Oil & Gas Conference, ConocoPhillips, March 15, 2007.
11. News: ConocoPhillips is racing in Block B, Upstreamonline, December 2, 2005.
12. News: ConocoPhillips Mulai Produksi Lapangan Kerisi, Bulletin Bisnis, December 21, 2007.
13. Web site: Santos starts oil production at Oyong, OilGasCoal, September 24, 2007.
14. Web site: Iran: Selected Upstream Projects, OPEC, viewed November 28, 2007. dead. https://web.archive.org/web/20071227160934/http://www.opec.org/home/PowerPoint/Supply%20and%20Capacity/upstream%20projects/upiran.htm. December 27, 2007.
15. News: Iran: An Oil Producer in Trouble, Oil and Energy Trends, viewed December 6, 2007.
16. News: OPEC Upstream Capacity Expansion List: Kuwait . dead . https://web.archive.org/web/20071111121045/http://www.opec.org/home/PowerPoint/Supply%20and%20Capacity/upstream%20projects/upkuwait.htm . 2007-11-11.
17. News: Kuwait Oil Field, World's Second Largest, 'Exhausted', Energy Bulletin, November 15, 2005.
18. News: Kuwait Profiles of the Producing fields in Kuwait and in the Divided Zone, Goliath Business Knowledge on Demand, May 30, 2005.
19. News: Gathering Centres in KOC Oil Fields, Kuwait Oil Company, viewed December 17, 2007.
20. News: Total sets Al Jurf bid race, Upstreamonline, August 9, 2007.
21. News: Qatar: Selected Upstream Projects, OPEC, viewed 14 December 2007 . dead . https://web.archive.org/web/20071227160940/http://www.opec.org/home/PowerPoint/Supply%20and%20Capacity/upstream%20projects/upqatar.htm . 27 December 2007.
22. News: The Dolphin Gas Project Starts Production, Total, July 10, 2007.
23. News: Qatar Petroleum and Dolphin Energy Sign Final Development Plan for Dolphin Gas Project, Gulf Oil & Gas, December 11, 2003.
24. News: Annual Report 30 June 2007, AED. 11 December 2007. https://web.archive.org/web/20071208203148/http://www.aus-energy.com.au/index.htm. 8 December 2007. dead. dmy-all.
25. News: AED opens Puffin taps, Upstreamonline, October 8, 2007.
26. News: Woodside Fourth Quarter Report Ended 31 December 2008, January 22, 2009 . dead . https://web.archive.org/web/20090912120239/http://www.woodside.com.au/NR/rdonlyres/601FB75E-644B-410D-A1E6-CD2E506FE70E/0/FourthQuarterReport.pdf . 12 September 2009.
27. News: TABLE - New oil and gas production in the Americas, Reuters UK, February 23, 2007 . February 23, 2007.
28. News: Modec FPSO Achieves First Oil in Campos Basin, RIGZONE, January 24, 2007.
29. News: Petrobras hits domestic production record, Energy Current, December 27, 2007 . January 2, 2008 . https://web.archive.org/web/20080101020747/http://www.energycurrent.com/index.php?id=2 . January 1, 2008 . dead . mdy-all .
30. News: Monthly Oil Market Report, OPEC, November 15, 2007 . December 11, 2007 . https://web.archive.org/web/20071201134817/http://www.opec.org/home/Monthly%20Oil%20Market%20Reports/2007/mr112007.htm . December 1, 2007 . dead . mdy-all .
31. News: Main Petrobras Projects in the Growth Acceleration Plan (GAP), Petrobras, January 23, 2007.
32. Web site: Golfinho II . 2007-12-11 . https://web.archive.org/web/20071209191424/http://www2.petrobras.com.br/ri/ing/Comunicados/verComunicados.asp?id=3213&ano=2007 . 2007-12-09 . dead .
33. News: Petrobras starts output at small light oil field, Reuters, October 11, 2007 . October 11, 2007.
34. Web site: Devon Energy Third Quarter Report 2007, viewed 27 November 2007. 28 April 2019. https://web.archive.org/web/20080115141458/http://www.devonenergy.com/ir/news/Pages/redirect.aspx?page=1073853&highlight=%3Fdisclaimer%3Dyes. 15 January 2008. dead. dmy-all.
35. News: 2003 Annual report.
36. News: 2004 Annual report.
37. News: 2005 Annual report.
38. News: Devon Begins Production at Polvo Field Offshore Brazil.
39. News: Devon pushes Polvo development at record pace for Brazil.
40. News: Delivering Shareholder Value, Suncor Energy, May 2008.
41. News: Gearing Up, Oilweek, April 2005, viewed 12/9/07.
42. News: Total Annual Report 2006, viewed 12/9/07. 2007-12-11. https://web.archive.org/web/20080516091557/http://www.total.com/static/en/medias/topic1647/Total_2006_total_in_2006.pdf. 2008-05-16. dead.
43. News: Canada: The Surmont Oil Sands Project Produces First Commercial Oil, Total, December 11, 2007.
44. Web site: Exxon Mobil, Form 8-K, Current Report, Filing Date Mar 23, 2007 . secdatabase.com . May 15, 2018.
45. News: Q3 2007 Chevron Earnings Conference Call, Chevron, November 2, 2007.
46. Web site: PETRONAS New Oil And Gas Terminal To Be Built In Kimanis. 2007-11-25. Malaysian National News Agency.
47. Web site: Shell Malaysia makes oil discovery . 2007-11-25. Alexander's Gas & Oil Connections .
48. News: Merrill Lynch Global Energy Conf., Nov 2007.
49. News: FBR Capital Markets Investor Conf., Nov 2007.
50. News: Murphy Begins Production from Deepwater Kikeh Field.
51. News: Record Oil Production from Tui, Australian Stock Exchange, November 27, 2007.
52. News: FACTBOX-Norway's Ormen Lange gas field comes on stream, Reuters UK, September 13, 2007 . September 13, 2007.
53. News: SPD and Salym Project: major events and milestones, Salym Petroleum Development Corporation, viewed August 15, 2008.
54. News: UPDATE: Sibir Energy Confirms Preliminary Talks With Shell, EasyBourse, August 4, 2008 .
55. News: ROC's Net Production, ROC Oil, viewed December 10, 2007 . December 11, 2007 . https://web.archive.org/web/20080722090458/http://www.rocoil.com.au/userData/docs/Presentations/2007/graph_Daily-Production-Rates_041207.pdf . July 22, 2008 . dead . mdy-all .
56. News: UK and Norwegian Governments Approve Development of Blane and Enoch Fields in the North Sea, ROC Oil, viewed December 10, 2007 . December 11, 2007 . https://web.archive.org/web/20070831225831/http://www.rocoil.com.au/Public/Announcement/2005/UK_and_norwegian_governments_approve_blane_and_enoch_050705.aspx . August 31, 2007 . dead . mdy-all .
57. News: Oilexco Announces Second Quarter Results, Yahoo Finance, August 13, 2007.
58. News: First oil from Buzzard field in UK North Sea, BG Group UK, January 8, 2007.
59. News: UPDATE 2-Talisman starts North Sea oil field, wind turbine, Reuters, May 8, 2007 . May 8, 2007.
60. News: Investor Presentation, BHP Billiton Petroleum, August 2007.
61. News: BHP BILLITON QUARTERLY REPORT ON EXPLORATION AND DEVELOPMENT ACTIVITIES QUARTER ENDED 30 SEPTEMBER 2007, BHPBilliton.