Oil megaprojects (2006)

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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 2006. This is part of the Wikipedia summary of Oil Megaprojects. 2006 saw 30 projects come on stream with an aggregate capacity of 4.092 million barrels per day (650,600 m3/d) when full production was reached this list does not like include any of the enormous project developed in the United States which dwarf these by +-5000 BOE (which may not have been in 2006).

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 2006[]

2006 gross new supply addition (updated 09/12/2007)

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: 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 In Amenas 6/2006 BP/Statoil LAND Condensate 2007 50 [2]
Indonesia West Seno Ph2 Exp 2006 Chevron ODW Crude 2007 20 1998 [3][4]
Iran Rag e Safid-Bangestan exp 2006 Qeshm Crude Light 2.400 150 [5][6]
Kuwait Minagish Exp (GC 28 EOR) 2006 KOC LAND Crude 3.3 60 [7][8][9][10]
Nigeria AOR-E Delta 2006 ExxonMobil 0.560 120 [11]
Nigeria Erha/Erha North 4/2006 ExxonMobil ODW 0.500 200 [11][12][13]
Nigeria Oron (OML 123) 5/2006 Addax 0.142 2008 70 [14]
Qatar Oryx GTL /Al Seef/Rasgas 5 2006 Sasol/QP/ExxonMobil NGL/GTL 2008 130 [12][15]
Saudi Arabia Haradh III 3/2006 Saudi Aramco Crude Light (API 32) 3-7 300 1951 [16][17][18][19]

[20][21]

UAE Bu Hasa; Sahil Exp 2006 ADNOC 180 [22]
UAE North East BAB Phase1 2006 ADCO Land + Shallow Marine 110 [22]
Non-OPEC
Angola Block 14 BBLT (Benguela-Belize Lobito-Tomboco) 6/2006 Chevron OFF Crude 0.400 2007 200 [23]
Angola Block 17 Dalia (oil field) 12/2006 Total 0.940 225 2007 [11][12][24]
Australia Enfield 7/2006 Woodside 0.127 2006 100 $1,321m Max production reached 70kbbl/d, declined to 43kbbl/d by year end. [25][26]
Azerbaijan ACG Ph2 West Azeri 1/2006 BP 2.3 2010 450 [12]
Azerbaijan ACG Ph2 East Azeri 10/2006 BP 5.8 2008 260 [12][27]
Azerbaijan Shah Deniz (Stage 1) 12/2006 BP OFF Condensate 0.800 40 [28][29]
Brazil Albacora Leste (P50) 4/21/2006 Petrobras Crude Heavy 0.534 2007 180 [30][31]
Brazil Golfinho I 5/6/2006 Petrobras Crude Light 0.450 2007 100 [30][31]
Brazil Jubarte 1 Phase 1 (P34) 12/17/2006 Petrobras Crude Heavy 0.600 2007 60 [30][31][32]
Eq. Guinea Okume Complex 12/2006 Hess 2008 60 [33]
Kazakhstan Tengiz/Korolev expansion 2006 Chevron LAND Crude 6.0 250 [34]
Mauritania Chinguetti 2007 Petronas 0.120 2006 75 2001–2003 $625m Max production 75kbbl/d declined to 22kbbl/d by year end. [35][36][37][38][39][40]
Norway Fram East 10/2006 Norsk Hydro OFF 0.061 45 $1,000m [11][12][41]
Sudan Dar Blend (Adar Yale oilfield) 7/2006 Petrodar Crude API 26 0.276 2007 200 [42][43]
Sudan Thar Jath 6/2006 Petronas LAND Crude 0.250 85 [44][45]
United States Constitution/Ticonderoga 2/2006 Anadarko Petroleum 70 [46]
United States Nanuq; Fiord (Alpine satellites) 9/2006 Conoco Phillips LAND Crude 0.1 2008 25 [47][48]
Yemen Malik 2006 Calvalley LAND Crude 2009 30 [49][50]

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: 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.

References[]

  1. ^ a b "Oilfield Glossary".
  2. ^ "BP starts production at Algeria's In Amenas gas project, Alexander's Gas & Oil Connections, July 7, 2006". Archived from the original on 2013-06-27.
  3. ^ "INDONESIA - Chevron - East Kalimantan, Entrepreneur, March 12, 2007".
  4. ^ "Unocal's stake in Southeast Asia, Asia Times, July 20, 2005". Archived from the original on 2005-12-14.{{cite news}}: CS1 maint: unfit URL (link)
  5. ^ "Iran's oil production capacity to rise by 160,000 bbl/d".
  6. ^ "Iran: Selected Upstream Projects, OPEC, viewed November 28, 2007". Archived from the original on December 27, 2007.
  7. ^ "Kuwait Oil, Energy Information Administration, viewed December 17, 2007". Archived from the original on January 19, 2010.
  8. ^ "Kuwait, PennWell Petroleum Group, viewed December 17, 2007".[permanent dead link]
  9. ^ "Gathering Centres in KOC Oil Fields, Kuwait Oil Company, viewed December 17, 2007".[permanent dead link]
  10. ^ "Kuwait: Selected Upstream Projects, OPEC, viewed December 17, 2007". Archived from the original on November 11, 2007.
  11. ^ a b c d "ExxonMobil Financial and Operating Review, 2006" (PDF). Archived from the original (PDF) on 2007-09-30.
  12. ^ a b c d e f "Exxon Mobil, Form 8-K, Current Report, Filing Date Mar 23, 2007" (PDF). secdatabase.com. Retrieved May 15, 2018.
  13. ^ "Royal Dutch Shell plc 2006 Annual Report".[permanent dead link]
  14. ^ "Reserves, Production & Development, Addax Petroleum, May 29, 2007" (PDF). Archived from the original (PDF) on 2008-07-25.
  15. ^ "Qatar: Selected Upstream Projects, OPEC, viewed 2 December 2007". Archived from the original on 27 December 2007.
  16. ^ "Haradh III: A Milestone for Smart Fields". Archived from the original on 2007-12-30.
  17. ^ "Year in Review - 2003".
  18. ^ "The Ghawar Oil Field, Saudi Arabia, Accessed 11/27/07".
  19. ^ "Depletion Levels in Ghawar, Accessed 11/27/07".
  20. ^ "Ghawar: The Anatomy of the World's Largest Oil Field, Accessed 11/27/07".
  21. ^ "Projects Timeline, Facts and Figures - 2006, Saudi Aramco" (PDF).
  22. ^ a b "UAE: Selected Upstream Projects". OPEC. Archived from the original on 2007-12-27.
  23. ^ "Chevron Announces First Oil Production from Lobito Field, Deepwater Block 14, Angola, Chevron, June 26, 2006".
  24. ^ "Angola Focus, Upstreamonline, July 14, 2006" (PDF).
  25. ^ "Woodside 2005 Annual Report". Archived from the original on 2008-01-12. Retrieved 2007-12-14.
  26. ^ "Woodside 2006 Annual Report". Archived from the original on 2008-01-12. Retrieved 2007-12-14.
  27. ^ "BP Annual Report and Accounts 2006" (PDF). Archived from the original (PDF) on 2008-02-28.
  28. ^ "BP hints at deeper reserves at Shah Deniz - Azerbaijan, IHS, April 2, 2007".
  29. ^ "Lukoil Annual Report for 2006" (PDF). Archived from the original (PDF) on 2010-01-14.
  30. ^ a b c "TABLE - New oil and gas production in the Americas, Reuters UK, February 23, 2007". February 23, 2007.
  31. ^ a b c "Petrobras Annual Report 2006" (PDF).[permanent dead link]
  32. ^ "Brazil Learns to Extract Light Oil 15,000 Feet Deep, Brazzil Magazine, September 7, 2008". Archived from the original on September 13, 2008.
  33. ^ "Hess Turns on the Taps at the Okume Complex Offshore Equatorial Guinea, RIGZONE, December 20, 2006".
  34. ^ "CO2 injection gains momentum, Oil & Gas Journal, April 17, 2006".
  35. ^ 2005 Data Book. BP-group. Retrieved 2007-11-25.
  36. ^ "Tiof". Woodside. Archived from the original on 2007-11-10. Retrieved 2007-11-25.
  37. ^ "Woodside Sells Mauritania Interests to Petronas, RIGZONE, September 27, 2007".
  38. ^ Fletcher, Pascal (March 12, 2007). "Mauritania sets hopes on non-oil growth in 2007, Reuters UK, March 12, 2007".
  39. ^ "Woodside Petroleum (WPL) $48.20, The Australian Business, November 16, 2007". November 16, 2007. Archived from the original on December 10, 2007.
  40. ^ "Woodside 2004 Annual Report". Archived from the original on 2008-01-12. Retrieved 2007-12-14.
  41. ^ "StatoilHydro Annual Report 2006". Archived from the original on 2007-12-02.
  42. ^ "Sudan, Energy Information Administration (DOE), April 2007". Archived from the original on 2007-11-15.
  43. ^ "Sudan's Dar Blend crude debuts to limited audience, Ecosonline (Reuters), August 29, 2006".[permanent dead link]
  44. ^ "Peaceful Sudan Set to Be Major Oil Producer, Gulf Oil & Gas, July 7, 2005".
  45. ^ "Petronas Starts Production from Block 5A in Sudan, Gulf Oil & Gas, June 28, 2006".
  46. ^ "Kerr McGee Annual Report 2005" (PDF).[permanent dead link]
  47. ^ "Satellite field begins flowing: Fiord and Nanuq are expected to produce 100 million barrels over 25 years, HighBeam Research, August 10, 2006".[dead link]
  48. ^ "ConocoPhillips, Anadarko Announce Start Up of Second Alpine Satellite Field, Business Wire, November 27, 2006". Business Wire. November 27, 2006.
  49. ^ "Calvalley plans to build pipeline in Yemen, Calgary Herald, October 18, 2007". Archived from the original on November 3, 2012.
  50. ^ "Yemen, Energy Information Administration, October 2007".
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