Oil megaprojects (2012) explained

This page summarizes projects that propose to bring more than 20000oilbbl/d of new liquid fuel capacity to market, with the first production of fuel beginning in 2012. This is part of the Wikipedia summary of oil megaprojects.

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Overview

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Detailed list of projects for 2012

Terminology

• Year startup: year of first oil; 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: 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.: sources

Country	Project name	Year startup	Operator	Area	Type	Grade	2P resvs	GOR	Peak year	Peak	Discovery	Capital inv.	Notes	Ref.
OPEC
Algeria	Block 405b CAFC	2012	Eni		NGL					20				^[2] ^[3] ^[4]
Angola	Block 15 Kizomba Ph 1 (Clochas; Mavacola)	2012	ExxonMobil	ODW	Crude					100	2000			^[5]
Angola	Block 14 Negage	2012	Chevron	ODW	Crude					75	2002			^[6] ^[7]
Angola	Block 18 West (Platina; Chumbo; Cesio)	2012	BP	ODW	Crude					100				^[8] ^[9]
Angola	Block 31 NE PSVM (Plutao; Saturno; Venus; Marte)	2012	BP	ODW	Crude		0.6		2013	150	2002–2004			^[10] ^[11] ^[12]
Ecuador	Pungarayacu Ph 1	2012	Petroecuador		Crude	8 API	3			30				^[13]
Iran	Jufeyr 1	2012	INOC	LAND	Crude					25				^[14]
Iraq	Majnoon Exp 1	2012					7.000		2013	200	1977			^[15] ^[16] ^[17]
Iraq	Nassiriya Ph 2	2012	INOC		Crude	26-38 API	2.60			150			Maybe 300 kbd	^[18] ^[19]
Kuwait	Sabriya; Umm Niqa Ph 2	6/2009	KPC	LAND	NGL				2012	50				^[20]
Libya	I/R (NC 186/115)	2012	Repsol	LAND	Crude		0.16		2012	30	2005			^[21] ^[22] ^[23] ^[24] ^[25] ^[26]
Nigeria	Bosi, Etim, Asasa	2012	Exxon		Crude	Light				120	1996			^[27] ^[28] ^[29]
Nigeria	Erha North Ph 2	2012	ExxonMobil		Crude	Light				30			No FID	^[30] ^[31]
Nigeria	H Block	2012	Shell		Crude	Light				100				^[32]
Nigeria	Nsiko	2012	Chevron		Crude	Light				100	2003			^[33]
UAE	SAS Exp (Sahil, Asah, Shah)	5/2012	ADCO	LAND	Crude					60				^[34] ^[35] ^[36]
Non-OPEC
Australia	Crux Liquids	5/2012	Nexus Energy	OFF	Condensate		0.075		2012	30				^[37] ^[38]
Brazil	Baleia Azul	7/2012	Petrobras	ODW	Crude					100				^[39] ^[40] ^[41]
Canada	Hibernia South Exp	8/2012	HMDC	OFF	Crude	Crude			2013	80			No FID	^[42] ^[43]
Canada	Jackfish Ph 2	2012	Devon Energy	LAND	Crude	Bitumen	0.7		2012	30				^[44] ^[45] ^[46]
Canada	Christina Lake (Unnamed Expansion 2)	2012	EnCana	LAND	Bitumen	Tar Sands				30			In situ, announced
Canada	Kearl Mine Ph 1	2012	ExxonMobil	LAND	Bitumen					110
China	Jidong Nanpu Ph 1 (Bohai Bay)	2012	PetroChina	OFF			3.0			200	2007			^[47] ^[48] ^[49]
Eq. Guinea	Doula	2012	Noble Energy		Crude	light	?			50				^[50]
Ghana	Tano Shallow	2012	Tullow	OFF	Crude		0.025			20		No FID		^[51]
Indonesia	Ranggas; Gehem; Gendalo	2012	Chevron		Crude	28 API	0.150			50	2001			^[52] ^[53] ^[54]
Malaysia	Gumusut-Kakap	2012	Shell	ODW	Crude		0.300		2012	155	2001			^[55] ^[56] ^[57]
Mexico	Ayin-Alux	2012	Pemex	OFF			0.173		2014	70				^[58]
Russia	Verkhnechonsk Ph 2	2012	TNK-BP Rosneft	LAND	Crude		1.480			150	1978			^[59] ^[60]
UK	Cheviot	2012	Chevron	OFF	Crude					20				^[61]
United States	Caesar; Tonga	2012	Anadarko	ODW	Crude		0.2			50			No FID	^[62] ^[63]
Vietnam	Su Tu Trang	2012	Cuu Long Joint	OFF		38-55 API	0.220			20	2003			^[64]

Notes and References

1. Web site: Oilfield Glossary.
2. News: Pair race ahead with MLE project, Upstreamonline, February 19, 2007.
3. News: First Calgary Petroleums Announces 2Q Results and Reports Significant Milestones Achieved in Algeria, OilVoice, August 1, 2008.
4. News: 2008 Results and Strategy Presentation, Eni, February 13, 2009.
5. News: Exxon Starts Angola offshore oil project, July 09, 2012.
6. News: Angola Focus, Upstreamonline, July 14, 2006.
7. News: Negage in to gear at Chevron, Upstreamonline, March 20, 2008.
8. News: Greater Plutonio setting tough benchmark in race for Block 31, Upstreamonline, October 25, 2007.
9. News: SPS Work Over Equipment Delivery Manager Job Specification, BP, November 28, 2008.
10. News: Angolan floaters on slower course, Upstreamonline, April 3, 2008.
11. News: Series of Oil Developments Gets Go Ahead in Angola Block 31, BP, July 28, 2008.
12. News: Lehman Brothers 2008 CEO Energy/Power Conference, Marathon, September 3, 2008.
13. News: Petroecuador Eyes April Ivanhoe Deal To Develop Oil Field, RIGZONE, March 7, 2008.
14. News: The Impact of the Financial and Economic Crisis on Global Energy Investment, IEA, May 26, 2009 . May 27, 2009 . https://web.archive.org/web/20161229070649/http://www.iea.org/textbase/Papers/2009/G8_FinCrisis_Impact.pdf/ . December 29, 2016 . dead . mdy-all .
15. News: UPDATE: ConocoPhillips Part Of Iraq West Qurna Talks -Lukoil, CNNMoney, December 4, 2007 .
16. News: IRAQ - The Southern Fields, Access My Library, May 7, 2007 . APS Review Gas Market Trends . May 7, 2007.
17. News: Iraq approves Shell oil deal in crucial step, Report on Business, January 17, 2010 . Toronto . dead . https://web.archive.org/web/20100125003915/http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/iraq-approves-shell-oil-deal-in-crucial-step/article1434065/ . January 25, 2010 .
18. News: Iraq, Energy Information Administration, viewed 10 December 2007 . dead . https://web.archive.org/web/20080509013332/http://www.eia.doe.gov/emeu/cabs/Iraq/Oil.html . 9 May 2008 .
19. News: UPDATE 1-Nippon, Repsol, Eni compete for Iraq contract, Reuters UK, January 19, 2009 . January 19, 2009.
20. News: Supply, IEA Oil Market Report, July 10, 2008.
21. News: Repsol/Hydro to develop a Libyan oil field which will supply the world for five days, Gerson Lehrman Group, March 30, 2007.
22. News: Repsol has presented Libya development plan, Reuters, February 27, 2007 . February 27, 2007.
23. News: Highlights, RepsolYPF, May 14, 2007.
24. News: New Oil Discoveries by Repsol, National Oil Corporation Libya, viewed June 1, 2008 . 2009-05-27 . https://web.archive.org/web/20070808170307/http://en.noclibya.com.ly/index.php?option=com_content&task=view&id=287&Itemid=56 . 2007-08-08 . dead.
25. News: 2007 Preliminary Results, REPSOL YPF, February 28, 2008.
26. News: Libya: Selected Upstream Projects, OPEC, viewed November 3, 2008 . May 27, 2009 . https://web.archive.org/web/20060720123119/http://www.opec.org/home/PowerPoint/Supply%20and%20Capacity/upstream%20projects/uplibya.htm . July 20, 2006 . dead . mdy-all.
27. News: West Africa: Energy profile, enerpub, 26 November 2007 . 16 July 2009 . https://web.archive.org/web/20071209163155/http://www.energypublisher.com/article.asp?id=12447 . 9 December 2007 . dead . dmy-all.
28. News: Nigeria: Selected Upstream Projects, OPEC, viewed 1 December 2007 . 16 July 2009 . https://web.archive.org/web/20081114212613/http://www.opec.org/home/PowerPoint/Supply%20and%20Capacity/upstream%20projects/upnigeria.htm . 14 November 2008 . dead . dmy-all.
29. News: ExxonMobil has Uge on horizon, Upstreamonline, March 20, 2008.
30. Web site: EXXON MOBIL CORP, Form 8-K, Current Report, Filing Date Mar 24, 2008 . secdatabase.com . May 15, 2018.
31. News: TABLE-West African oilfields due onstream in 2008 and beyond, Reuters UK, October 1, 2008 . Joe . Brock . October 1, 2008.
32. News: Nigeria: Selected Upstream Projects, OPEC, viewed January 7, 2009 . July 16, 2009 . https://web.archive.org/web/20081114212613/http://www.opec.org/home/PowerPoint/Supply%20and%20Capacity/upstream%20projects/upnigeria.htm . November 14, 2008 . dead . mdy-all.
33. News: Nigeria key to targets but South African government a hindrance, Upstreamonline, May 1, 2008.
34. News: Adnoc moving ahead, TheNational, November 9, 2008 . 2009-01-26 . https://web.archive.org/web/20160303174428/http://www.thenational.ae/article/20081108/BUSINESS/212433972/-1/NEWS . 2016-03-03 . dead.
35. News: Project 'bids pushed back', Gulf Times, December 14, 2008 . January 26, 2009 . https://web.archive.org/web/20110608075023/http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=260753&version=1&template_id=57&parent_id=56 . June 8, 2011 . dead . mdy-all.
36. News: Go-ahead for $3.5bn oil projects, TheNational, January 26, 2009 . 2009-01-26 . https://web.archive.org/web/20090131152814/http://thenational.ae/article/20090125/BUSINESS/76231208/0/NEWS . 2009-01-31 . dead.
37. News: Nexus Energy Limited - ASX Investor Conference, Nexus Energy, October 29, 2009 . The Sydney Morning Herald.
38. News: Investor Presentation, Nexus Energy, May 9, 2008 . November 13, 2009 . https://web.archive.org/web/20061201221859/http://nexusenergy.com.au/2214128/nexus-energy-oil-gas-exploration-and-productio.htm . December 1, 2006 . dead . mdy-all.
39. News: Espirito Santo: The New Deepwater Frontier in Brazil, JPT, September 2007 . dead . https://web.archive.org/web/20090109141252/http://www.spe.org/spe-site/spe/spe/jpt/2007/09/Synopsis19082.pdf . 2009-01-09.
40. News: Petrobras Business Plan 2009 - 2013, February 4, 2009 . February 4, 2009 . https://web.archive.org/web/20090823184120/http://www2.petrobras.com.br/ri/ing/ApresentacoesEventos/ConfTelefonicas/pdf/PN_2009-2013_Ing.pdf . August 23, 2009 . dead . mdy-all.
41. News: FPSO Espadarte to move to Baleia Azul field, December 17, 2009.
42. News: HMDC kickstarts Hibernia South, The Telegram, September 4, 2008. https://archive.today/20130204092931/http://www.thetelegram.com/index.cfm?sid=168022&sc=79. dead. February 4, 2013.
43. Web site: EXXON MOBIL CORP, Form 8-K, Current Report, Filing Date Mar 24, 2008 . secdatabase.com . May 15, 2018.
44. News: Devon Canada Completes Jackfish I Oil Sands Project, Awards Engineering Contract for Phase II Expansion, Market Wire, March 2008 . Market Wire . 2008.
45. News: Operations - Jackfish 2 Project, Devon, viewed July 19, 2008 . 2008-09-09 . https://web.archive.org/web/20080925160920/http://www.devonenergy.com/Operations/canada/Pages/jackfish2_project.aspx#terms?disclaimer=yes . 2008-09-25 . dead.
46. News: Devon set for second oil sands project, Upstreamonline, September 9, 2008.
47. News: Anatomy of an Oil Discovery, May 16, 2007.
48. News: PetroChina to expand Huabei refinery for Nanpu oil, April 25, 2008 . Reuters . April 25, 2008.
49. News: Corporate Social Responsibility Report 2007, China National Petroleum Corporation, April 11, 2008.
50. News: UPDATE 1-Eq. Guinea to approve Noble gas, oil project, 7/7/09 . Reuters . July 7, 2009.
51. News: Drillers emerge from long sleep, Upstreamonline, December 14, 2007.
52. News: Chevron targets East Kalimantan, Upstreamonline, April 26, 2007.
53. News: Indonesia approves Chevrons development plan, BAPPEBTI, September 5, 2008.
54. News: Alliance Engineering's FPSO Projects, viewed January 8, 2009. https://web.archive.org/web/20110707113403/http://www.alliance-engineering.com/pdf/fpso-brochure.pdf . dead . 2011-07-07 .
55. News: 2008 Analyst Meeting, ConocoPhillips, March 12, 2008 . May 11, 2008 . https://web.archive.org/web/20081206032923/http://www.conocophillips.com/NR/rdonlyres/7AF41856-1706-49BC-932C-6EF786BB326E/0/2008Analyst_upstream.pdf . December 6, 2008 . dead . mdy-all.
56. News: Shell to pump in RM10b, BusinessTimesonline, June 3, 2008 . August 6, 2008 . https://web.archive.org/web/20080606033353/http://www.btimes.com.my/Current_News/BTIMES/Tuesday/Latest/kdshell.xml/Article/ . June 6, 2008 . dead . mdy-all.
57. News: SECOND QUARTER 2008 RESULTS, Shell, July 31, 2008.
58. News: PEMEX Outlook, PEMEX, November, 2006 . dead . https://web.archive.org/web/20061114185115/http://www.pemex.com/files/content/dcf_pemex_outlook_061106_i.pdf . 2006-11-14.
59. Web site: Verkhnechonsk Project . TNK-BP . 2007-11-25 . dead . https://web.archive.org/web/20071223180626/http://www.tnk-bp.com/operations/exploration-production/projects/verkhnechonsk/ . 2007-12-23 .
60. News: Rosneft, TNK-BP agree to share disputed oil stake, Reuters UK, May 23, 2007 . May 23, 2007.
61. News: Octabuoy deal in the works at ATP, Upstreamonline, May 1, 2009.
62. News: Anadarko Highlights Pre-Salt Brazil Ops, GOM's Tonga West Development, RIGZONE, November 4, 2008.
63. News: Anadarko completes sale of Peregrino interest to StatoilHydro, TradingMarkets.com, December 12, 2008.
64. News: Bear Stearns Global Oil & Gas Conference, ConocoPhillips, March 15, 2007.