Oil megaprojects (2014) 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 2014. 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 list of projects for 2014

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
Algeria	Bir Seba	2014	PVEP Joint		Crude		0.180		2014	20				^[2]
Algeria	Gassi Touil	2014	Sonatrach	LAND	Condensate					30				^[3]
Algeria	Takouazet	2014	Rosneft		Crude				2014	50				^[4]
Algeria	Hassi Messaoud(Hassi Ferfa + Hassi Dzabat)	2014	Sonatrach		Crude					75
Angola	Block 14 Lucapa	2014	Chevron	ODW	Crude					100	2006			^[5]
Angola	Block 14 Malange Pinda	2014	Chevron	ODW	Crude					40	2007
Angola	Block 17 CLOV (Cravo; Lirio; Orquidea; Violeta)	2014	Total	ODW	Crude					160				^[6]
Angola	West Hub project (Sangos; N'Goma; Cinguvu)	2014	Eni	ODW	Crude					80				^[7]
Iran	Ferdows Golshan	2014	SKS Ventures		NGL					70				^[8]
Iran	Kharg NGL	2014	NIOC	LAND	NGL					85				^[9]
Iran	South Pars Ph 12	2014	Petropars		NGL				2014	110
Nigeria	Bonga NW	2014	Shell		Crude	Light	0.600			40	1998/2001			^[10]
Nigeria	Escravos Gas to Liquids Plant	2014	Chevron		NGL					33
Nigeria	Etim/Asasa Pressure Maintenance	2014	ExxonMobil		Crude					50
Qatar	Pearl GTL Phase II	2014	Shell		Products	Diesel				70
Qatar	Pearl NGL Phase II	2014	Shell		NGL					60				^[11] ^[12]
Saudi Arabia	Shaybah Ph 3	2014	Saudi Aramco	LAND	Crude	Extra Light				0			No FID 250 kbd	^[13] ^[14] ^[15]
UAE	North East Bab EOR	2014	ADNOC	LAND	Crude					120				^[16] ^[17]
Non-OPEC
Australia	Balnaves Development Project	2014	Apache Energy/KUFPAC	ODW	Crude					30				^[18]
Australia	Coniston Oil Field Project	2014	Apache Energy/Inpex	ODW	Crude					22			Expansion
Australia	Ichthys	2014	Inpex	ODW	NGL		0.527			100	2000		FEED/No FID	^[19] ^[20]
Brazil	Marlim Sul Module 4	2014	Petrobras	ODW		heavy				0			No FID 100 kbd	^[21]
Brazil	Iara	2014	Petrobras	ODW						100				^[22]
Brazil	Sapinhoa Norte	09/2014	Petrobras	ODW	Crude					150			Previously called Guara	^[23] ^[24]
Brazil	Cernambi Sul	10/2014	Petrobras	ODW	Crude	32 API	1.8			150			Previously called Iracema
Canada	AOSP Jackpine Mine (Ph 1B)	2014	Albian Sands	LAND	Bitumen	TAR				100
Canada	Jackpine Mine (Ph 2)	2014	Albian Sands	LAND	Bitumen	Oil Sands				0			No FID 100 kbd
Canada	Fort Hills Mine (Ph 3-4)	2014	Petro-Canada/UTS /Teck Cominco	LAND	Bitumen	Oil Sands				0		90 kbd suspended	Mining/Upgrading/Approved
Canada	Joslyn Ph 1 (Deer Creek)	2014	Total		Bitumen					50				^[25] ^[26]
Canada	Long Lake Upgrader Ph 2	2014	OPTI /Nexen	LAND	Bitumen	Oil Sands				60			Mining/Upgrading/Approved	^[27]
Canada	Sunrise Ph 2	2014	Husky Energy		Oil sands	Bitumen	1.0-2.2			0			SAGD No FID	^[28] ^[29]
Kazakhstan	Karachaganak Phase III	2014	BG/Eni	LAND	Crude				2015	120	1979		No FID	^[30] ^[31] ^[32]
Mexico	(Chicontepec) Exp 2	2014	Pemex	LAND		Heavy	2.287		2020	200				^[33] ^[34] ^[35]
Russia	Vladimir Filanovsky	2014	Lukoil	LAND						120				^[36]
United States	Alaska Gas (Point Thomson)	2014	ExxonMobil	LAND	Condensate		0.2			10				^[37] ^[38]
United States	Puma	2014	BP	ODW	Crude		0.2			40				^[39] ^[40]
United States	Tubular Bells	2014	BP	ODW	Crude		0.2			40
United States	Jack	2014	Chevron	ODW	Crude		0.2			170				^[41]

Notes and References

1. Web site: Oilfield Glossary.
2. News: EIA Algeria overview.
3. News: Gassi Touil gas plant now online in Algeria.
4. News: EIA Algeria Overview.
5. News: Chevron in trio line-up off Angola . . NHST Media Group . 2008-04-03 . 2008-04-03 . subscription .
6. News: EIA Angola Overview.
7. News: EIA Angola Overview.
8. News: Iran to Inaugurate Kharg Island NGL Plant This Year.
9. News: NIOC Associated Gas Gathering Projects (No Flaring Projects), World Bank, June 30, 2005.
10. News: EIA Nigeria Analysis.
11. News: Gas-to-Liquids (GTL) Projects, Qatar Petroleum, viewed 26 November 2007 . 12 December 2007 . https://web.archive.org/web/20060829032205/http://www.qp.com.qa/qp.nsf/web/bc_new_projects_gtl . 29 August 2006 . dead . dmy-all.
12. News: The Pearl GTL Project, Shell, viewed 26 November 2007 . 12 December 2007 . https://web.archive.org/web/20071019024512/http://www.shell.com/home/content/qatar/qatar_shell_gtl_project/qatar_shell_gtl_project_22092003_1430.html . 19 October 2007 . dead . dmy-all.
13. News: Projects Timeline, Facts and Figures - 2006, Saudi Aramco.
14. News: Saudi Oil: A Crude Awakening on Supply?, BusinessWeek, July 10, 2008. https://web.archive.org/web/20080713023438/http://www.businessweek.com/bwdaily/dnflash/content/jul2008/db2008079_865368_page_2.htm . dead . July 13, 2008 .
15. News: Saudi Aramco lifts veil of secrecy, Financial Post, November 13, 2007 . dead . https://web.archive.org/web/20080323043223/http://www.financialpost.com/Story.html?id=93814 . March 23, 2008.
16. News: The Impact of the Financial and Economic Crisis on Global Energy Investment, 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 .
17. News: Adnoc Moving Ahead, The National, May 26, 2009 . 2009-01-09 . https://web.archive.org/web/20160303174428/http://www.thenational.ae/article/20081108/BUSINESS/212433972/-1/NEWS . 2016-03-03 . dead.
18. name="http://www.bree.gov.au/publications/mimp.html"/ >
19. News: Australia and Timor Sea Joint Petroleum Development Area, INPEX, viewed December 12, 2007 . May 22, 2008 . https://web.archive.org/web/20080317021051/http://www.inpex.co.jp/english/business/project/australia_01.html . March 17, 2008 . dead . mdy-all .
20. News: Inpex ups reserves at Australia Ichthys LNG project, Reuters UK, May 21, 2008 . May 20, 2008 . Fayen . Wong.
21. News: Marlim Sul field - Oil and natural gas production development, Petrobras, accessed May 23, 2008 . November 25, 2007 . https://web.archive.org/web/20071209191428/http://www2.petrobras.com.br/ri/ing/DestaquesOperacionais/ExploracaoProducao/MarlinSul.asp . December 9, 2007 . dead . mdy-all.
22. News: Santos Basin's Pre-Salt Reservoirs Development The Way Ahead, Petrobras, May 2009.
23. News: Elzio . Barreto . Petrobras sees early start at 2 subsalt projects . 2011-01-07 . Reuters . 2011-02-15.
24. News: Diana . Kinch . Petrobras: New Vessels To Bring Forward Pre-Salt Output . 2011-01-07 . Dow Jones Newswires . 2011-02-15.
25. News: Canadian Oil Sands Projects - Jan 2008 . 2017-09-07 . https://web.archive.org/web/20081218193526/http://www.scribd.com/doc/1141204/Canadian-Oil-Sands-Projects-Jan-2008- . 2008-12-18 . dead.
26. News: Total hit with setback in oil sands, Globe and Mail Report on Business, May 29, 2008 . Toronto . The Globe and Mail.
27. News: Existing and Proposed Canadian Commercial Oil Sands Projects, Strategy West, April 2008.
28. Web site: Oil Sands . 2007-11-25 . Husky Energy . https://web.archive.org/web/20071030164453/http://www.huskyenergy.ca/operations/oilsands/ . 2007-10-30 . dead .
29. News: Canadian Oil Sands Projects - Jan 2008 . 2017-09-07 . https://web.archive.org/web/20081218193526/http://www.scribd.com/doc/1141204/Canadian-Oil-Sands-Projects-Jan-2008- . 2008-12-18 . dead.
30. News: Eni'sPresentation, UBS Conference, Dubai, September 25, 2007.
31. News: 4th UPDATE: BG Targets Cost Cuts In Karachaganak 3 Delay, CNNMoney, November 4, 2008.
32. News: Kazakh firms, BG Group agree to study E&P deals . Uchenna Izundu . Oil & Gas Journal . 2008-12-09 . 2009-05-23.
33. News: PEMEX Outlook, September 2008 .
34. News: Mexico's Pemex pushes ahead with Chicontepec field, Reuters. January 5, 2009 . Robert . Campbell . January 5, 2009.
35. News: Pemex lets Chicontepec work; delays drill bids, Oil & Gas Journal, January 7, 2009 .
36. 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.
37. News: UPDATE 1-Exxon unveils drill plan for disputed Alaska field, Reuters, February 19, 2008 . Robert . Campbell . February 20, 2008.
38. Web site: Exxon Mobil, Form 8-K, Current Report, Filing Date Mar 23, 2007 . secdatabase.com . May 15, 2018.
39. News: BP in yard hunt for Tubular Bells . . NHST Media Group . 2007-09-13 . 2007-09-13 . subscription .
40. News: Shortage of engineers likely to hit projects by 2010, says study, Financial Times, October 4, 2007 . 2007-12-12 . https://web.archive.org/web/20071209161837/http://search.ft.com/nonFtArticle?id=071004000012&ct=0 . 2007-12-09 . dead.
41. News: Jack/St. Malo, SubSeaIQ - Offshore Field Development Projects, Oct 21, 2010.