Oil megaprojects (2007)

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This page summarizes projects that brought 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 2007. This is part of the Wikipedia summary of Oil Megaprojects.

Quick links to other years[edit]

Overview 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Detailed project table for 2007[edit]

2007 gross new supply addition (updated 29 December 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 [21][22][23]
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][27]
Brazil Espadarte Sul MV14 1/2007 Petrobras ODW Crude 100 [28][29][30]
Brazil Roncador P-52 11/2007 Petrobras ODW Crude 18 API 2009 180 1996 [28][31][32][33]
Brazil Roncador Mod 2 P-54 12/2007 Petrobras ODW Crude 18 API 2008 180 1996 [28][31][32][33]
Brazil Golfinho Mod 2 (Cidade de Vitoria) 11/2007 Petrobras ODW Crude Light 100 2003 [28][34]
Brazil Piranema 10/2007 Petrobras ODW Crude 44 API 0.032 2009 30 [35]
Brazil Polvo 7/2007 Devon OFF Crude 19 API 0.050 2008 50 2004 $300 mln [28][36]

[37] [38] [39] [40] [41]

Canada Firebag Cogen Exp 2007 Suncor LAND Bitumen Tar Sands 20 [42]
Canada Surmont Ph 1 2007 ConocoPhillips LAND Bitumen Tar Sands 2012 25 [43][44][45]
Kazakhstan Tengiz Phase I SGI/SGP Exp 11/2007 Chevron LAND Crude 3.300 2009 285 1979 [46][47]
Malaysia Kikeh 8/2007 Murphy ODW 0.400 2008 120 [48][49]

[50] [51] [52]

New Zealand Tui 7/2007 AWE 0.042 2007 40 [53]
Norway Ormen Lange 9/2007 StatoilHydro NGL 50 [54]
Norway Statfjord LL Exp 5/2007 StatoilHydro 70 [10]
Russia Salym Exp (West Salym; Upper Salym; Vadelyp) 2/2007 Shell/Sibir LAND Crude 2010 80 [55][56]
UK Blane; Enoch 7/2007 Talisman Crude 0.040 2008 30 [57][58]
UK Brenda; Nicol 6/2007 Oilexco OFF Crude 30 [59]
UK Buzzard 1/2007 Nexen Crude 0.550 2007 200 [60]
UK Tweedsmuir 5/2007 Talisman Crude 2008 45 1983 [61]
United States Genghis Khan 10/2007 BHP Billiton OFF Crude 2008 55 [62]
United States Atlantis North;South 10/2007 BP ODW 0.770 200 1998 [63]

References[edit]

  1. ^ "Oilfield Glossary".
  2. ^ "Chevron Annual Report 2007, Chevron, accessed November 30, 2008".
  3. ^ "Eni Annual Report 2007, accessed November 30, 2008" (PDF).
  4. ^ "Angola - Oil and Gas: Crude Petroleum and Natural Gas Extraction". Archived from the original on 2008-02-18. Retrieved 2007-12-11.
  5. ^ "BP Uses Parker Instrumentation Fittings for Greater Plutonio".
  6. ^ Production begins at Greater Plutonio
  7. ^ "ExxonMobil Announces Startup of Marimba North Project Offshore Angola". ExxonMobil. October 25, 2007.
  8. ^ "Total's Contribution to Sustainable Development, Total, February 15, 2007" (PDF). Archived from the original (PDF) on January 23, 2008.
  9. ^ "Project News - Production begins in Rosa Field Offshore Angola, Cable Directory, July 2, 2007".
  10. ^ a b "Bear Stearns Global Oil & Gas Conference, ConocoPhillips, March 15, 2007" (PDF).[permanent dead link]
  11. ^ "ConocoPhillips is racing in Block B, Upstreamonline, December 2, 2005".
  12. ^ "ConocoPhillips Mulai Produksi Lapangan Kerisi, Bulletin Bisnis, December 21, 2007".
  13. ^ "Santos starts oil production at Oyong, OilGasCoal, September 24, 2007".
  14. ^ "Iran: Selected Upstream Projects, OPEC, viewed November 28, 2007". Archived from the original on December 27, 2007.
  15. ^ "Iran: An Oil Producer in Trouble, Oil and Energy Trends, viewed December 6, 2007".
  16. ^ "OPEC Upstream Capacity Expansion List: Kuwait". Archived from the original on 2007-11-11.
  17. ^ "Kuwait Oil Field, World's Second Largest, 'Exhausted', Energy Bulletin, November 15, 2005".
  18. ^ "Kuwait Profiles of the Producing fields in Kuwait and in the Divided Zone, Goliath Business Knowledge on Demand, May 30, 2005".
  19. ^ "Gathering Centres in KOC Oil Fields, Kuwait Oil Company, viewed December 17, 2007".[permanent dead link]
  20. ^ "Total sets Al Jurf bid race, Upstreamonline, August 9, 2007".
  21. ^ a b "Qatar: Selected Upstream Projects, OPEC, viewed 14 December 2007". Archived from the original on 27 December 2007.
  22. ^ a b "The Dolphin Gas Project Starts Production, Total, July 10, 2007".
  23. ^ a b "Qatar Petroleum and Dolphin Energy Sign Final Development Plan for Dolphin Gas Project, Gulf Oil & Gas, December 11, 2003".
  24. ^ "Annual Report 30 June 2007, AED". Archived from the original on 8 December 2007. Retrieved 11 December 2007.
  25. ^ "AED opens Puffin taps, Upstreamonline, October 8, 2007".
  26. ^ BHP Billiton Announces First Oil Production From Stybarrow Development Off Western Australia, BHP Billiton, 2007-11-19
  27. ^ "Woodside Fourth Quarter Report Ended 31 December 2008, January 22, 2009" (PDF). Archived from the original (PDF) on 12 September 2009.
  28. ^ a b c d e "TABLE - New oil and gas production in the Americas, Reuters UK, February 23, 2007". February 23, 2007.
  29. ^ "Modec FPSO Achieves First Oil in Campos Basin, RIGZONE, January 24, 2007".
  30. ^ "Petrobras hits domestic production record, Energy Current, December 27, 2007". Archived from the original on January 1, 2008. Retrieved January 2, 2008.
  31. ^ a b Business Plan 2006-2010 (PDF), PETROBAS, 2005, archived from the original (PDF) on 2007-03-19, retrieved 2007-12-11
  32. ^ a b "Monthly Oil Market Report, OPEC, November 15, 2007". Archived from the original on December 1, 2007. Retrieved December 11, 2007.
  33. ^ a b "Main Petrobras Projects in the Growth Acceleration Plan (GAP), Petrobras, January 23, 2007" (PDF).[permanent dead link]
  34. ^ "Golfinho II". Archived from the original on 2007-12-09. Retrieved 2007-12-11.
  35. ^ "Petrobras starts output at small light oil field, Reuters, October 11, 2007". October 11, 2007.
  36. ^ "Devon Energy Third Quarter Report 2007, viewed 27 November 2007". Archived from the original on 15 January 2008. Retrieved 28 April 2019.
  37. ^ "2003 Annual report" (PDF).
  38. ^ "2004 Annual report" (PDF).
  39. ^ "2005 Annual report" (PDF).
  40. ^ "Devon Begins Production at Polvo Field Offshore Brazil".
  41. ^ "Devon pushes Polvo development at record pace for Brazil".
  42. ^ "Delivering Shareholder Value, Suncor Energy, May 2008" (PDF).[permanent dead link]
  43. ^ "Gearing Up, Oilweek, April 2005, viewed 12/9/07".
  44. ^ "Total Annual Report 2006, viewed 12/9/07" (PDF). Archived from the original (PDF) on 2008-05-16. Retrieved 2007-12-11.
  45. ^ "Canada: The Surmont Oil Sands Project Produces First Commercial Oil, Total, December 11, 2007".
  46. ^ "Exxon Mobil, Form 8-K, Current Report, Filing Date Mar 23, 2007" (PDF). secdatabase.com. Retrieved May 15, 2018.
  47. ^ "Q3 2007 Chevron Earnings Conference Call, Chevron, November 2, 2007".
  48. ^ "PETRONAS New Oil And Gas Terminal To Be Built In Kimanis". Malaysian National News Agency. Retrieved 2007-11-25.[permanent dead link]
  49. ^ "Shell Malaysia makes oil discovery". Alexander's Gas & Oil Connections. Retrieved 2007-11-25.
  50. ^ "Merrill Lynch Global Energy Conf., Nov 2007".
  51. ^ "FBR Capital Markets Investor Conf., Nov 2007".
  52. ^ "Murphy Begins Production from Deepwater Kikeh Field".
  53. ^ "Record Oil Production from Tui, Australian Stock Exchange, November 27, 2007" (PDF).
  54. ^ "FACTBOX-Norway's Ormen Lange gas field comes on stream, Reuters UK, September 13, 2007". September 13, 2007.
  55. ^ "SPD and Salym Project: major events and milestones, Salym Petroleum Development Corporation, viewed August 15, 2008".
  56. ^ "UPDATE: Sibir Energy Confirms Preliminary Talks With Shell, EasyBourse, August 4, 2008".[permanent dead link]
  57. ^ "ROC's Net Production, ROC Oil, viewed December 10, 2007" (PDF). Archived from the original (PDF) on July 22, 2008. Retrieved December 11, 2007.
  58. ^ "UK and Norwegian Governments Approve Development of Blane and Enoch Fields in the North Sea, ROC Oil, viewed December 10, 2007". Archived from the original on August 31, 2007. Retrieved December 11, 2007.
  59. ^ "Oilexco Announces Second Quarter Results, Yahoo Finance, August 13, 2007".
  60. ^ "First oil from Buzzard field in UK North Sea, BG Group UK, January 8, 2007".
  61. ^ "UPDATE 2-Talisman starts North Sea oil field, wind turbine, Reuters, May 8, 2007". May 8, 2007.
  62. ^ "Investor Presentation, BHP Billiton Petroleum, August 2007" (PDF).
  63. ^ "BHP BILLITON QUARTERLY REPORT ON EXPLORATION AND DEVELOPMENT ACTIVITIES QUARTER ENDED 30 SEPTEMBER 2007, BHPBilliton" (PDF).