Oil megaprojects (2020) 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 2020. This is part of the Wikipedia summary of Oil Megaprojects.

Quick links to other years

Overview200320042005200620072008200920102011201220132014201520162017201820192020

Detailed list of projects for 2020

CountryProject NameYear startupOperatorAreaTypeGrade2P resvsGORPeak YearPeakDiscoveryCapital Inv.NotesRef
OPEC
KuwaitProject Kuwait Phase II2020KOCLANDCrudeHeavy20200No FID 400 kbd[1] [2]
IranYadavaran Ph 22020SinopecLANDCrudeHeavy3.201002000[3]
Saudi ArabiaBerri Exp2020Saudi AramcoLANDCrudeExtra Light0No FID 300 kbd[4]
Saudi ArabiaKhurais Exp2020Saudi AramcoLANDCrudeLight0No FID 300 kbd
Saudi ArabiaSafaniyah Exp2020Saudi AramcoOFFCrudeHeavy0No FID 700 kbd
Saudi ArabiaZuluf Exp2020Saudi AramcoOFFCrudeMedium0No FID 900 kbd
Non-OPEC
CanadaJoslyn Ph 42020CNRLLANDBitumenOil sands0Application No FID 50 kbd[5]
Mexico(Chicontepec) Exp 32020PEMEXLANDHeavy2.2872024200$30B[6] [7] [8]
United States(Eagle Ford Shale)2020Chesapeake EnergyLANDCrudeLight20205002010JV with CNOOC[9]

Notes and References

  1. News: KOC inks heavy oil deal with Exxon, KuwaitTimes, October 23, 2007.
  2. News: Kuwait Targets 450,000 Barrel-a-Day Heavy Oil Output (Update2), Bloomberg.com, March 31, 2009 . March 31, 2009.
  3. News: EIA Iran Country Analysis.
  4. News: IEA Oil Market Report, July 10, 2008.
  5. Web site: Canadian Oil Sands Projects - Jan 2008 . ..
  6. News: PEMEX Outlook, September 2008 .
  7. News: Mexico's Pemex pushes ahead with Chicontepec field, Reuters. January 5, 2009 . Robert . Campbell . January 5, 2009.
  8. News: Pemex lets Chicontepec work; delays drill bids, Oil & Gas Journal, January 7, 2009 .
  9. News: Chesapeake Energy Corporation and CNOOC Limited Announce Eagle Ford Shale Project Cooperation Agreement .