Oil megaprojects (2008)
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 2008. This is part of the Wikipedia summary of Oil Megaprojects .
Quick links to other years
Detailed project table for 2008
2008 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.
References
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^ "Partner Operated Projects Block 17, BP, viewed August 12, 2008" . Archived from the original on December 24, 2009.
^ "SPECIAL REPORT: More US EOR projects start but EOR production continues decline, Oil & Gas Journal, April 21, 2008" .
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^ a b "Woodside Fourth Quarter Report Ended 31 December 2008, January 22, 2009" (PDF) . Archived from the original (PDF) on 12 September 2009.
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^ "UPDATE 1-Itochu to brief on oil production in Azerbaijan, Reuters, April 22, 2008" . April 22, 2008.
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^ "Espirito Santo: The New Deepwater Frontier in Brazil, JPT, September 2007" (PDF) . Archived from the original (PDF) on 2009-01-09.
^ "Exploration & Production, Development of the Cachalote, Baleia Franca, and Baleia Anã fields, Petrobras, accessed May 22, 2008" . Archived from the original on June 19, 2010.
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^ a b c d e Canada's Oil Sands - Opportunities and Challenges to 2015: An Update (PDF) , NEB
^ "Nexen Reports Solid Second Quarter Financial Results, OilVoice, July 17, 2008" .
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^ "Devon Canada Completes Jackfish I Oil Sands Project, Awards Engineering Contract for Phase II Expansion, Market Wire, March 2008" . Market Wire . 2008.
^ "Chinese coal producer to make liquid fuel in 2008, China View, September 17, 2007" . Archived from the original on December 14, 2007.
^ "China builds plant to turn coal into barrels of oil, Reuters UK, June 4, 2008" . June 4, 2008.
^ "Sinopec makes new oil/gas exploration breakthrough in Tahe Oilfield, Chinamining, June 13, 2008" . Archived from the original on January 6, 2009.
^ "Another 90 million-ton reserve found in Tahe Oil Field, People's Daily Online, February 20, 2008" .
^ "2007 Strategy Preview, CNOOC, January 30, 2007" (PDF) . Archived from the original (PDF) on December 15, 2007. Retrieved December 11, 2007 .
^ "CNOOC's Wenchang comes on stream, Energy Current, July 2, 2008" . Archived from the original on June 28, 2008.
^ "China's CNOOC starts up South China Sea oilfield, Reuters, June 25, 2008" . June 26, 2008.
^ "New Discovery in the Mer Très Profonde Sud Ultra-Deep Offshore Block in the Congo, Total, November 16, 2007" .
^ "Total Moho Bilondo, FMC Technologies, viewed January 5, 2008" . Archived from the original on October 7, 2008.
^ "Total turns on Moho taps, Upstreamonline, April 28, 2008" .
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^ "Reliance kicks off east coast oil output, Yahoo News India, September 19, 2008" .[permanent dead link ]
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^ "Reliance sniffs more gas in KG block, The Telegraph, Calcutta, India, August 15, 2008" . August 15, 2008. Archived from the original on October 7, 2008.
^ "Maersk to lift oil flow at Dunga, Upstreamonline, August 16, 2007" .
^ "Kazakhstan, Maersk Oil, viewed December 9, 2007" . Archived from the original on February 20, 2008.
^ "Maersk Oil Kazakhstan to start developing Dunga field in 2008, Goliath Business Knowledge on Demand, August 7, 2007" .
^ KMG : http://www.kmg.kz/page.php?page_id=1241&lang=2 [permanent dead link ]
^ "Komsomolskoe Oil Field in Kazakhstan Enters Development Phase, RIGZONE, September 22, 2006" .
^ a b c d e "PEMEX Outlook, PEMEX, November, 2006" (PDF) . Archived from the original (PDF) on 2006-11-14.
^ "PEMEX Outlook, September 2008" (PDF) .
^ Campbell, Robert (January 5, 2009). "Mexico's Pemex pushes ahead with Chicontepec field, Reuters. January 5, 2009" .
^ "Pemex lets Chicontepec work; delays drill bids, Oil & Gas Journal, January 7, 2009" .
^ a b c d "AMERICAS-CRUDE/NEW, Reuters UK, October 9, 2007" . October 9, 2007.
^ a b c "Bear Stearns Global Oil & Gas Conference, ConocoPhillips, March 15, 2007" (PDF) .[permanent dead link ]
^ "Marathon Exec: Norway Alvheim Oil Seen in 4Q, RIGZONE, October 10, 2007" .
^ "Alvheim oil/gas field in N.Sea brought on stream, Reuters India, June 9, 2008" . June 9, 2008.
^ "PA waits on Volve, offshore247, January 7, 2008" . Archived from the original on 2011-10-02.
^ "Taps open at Volve field, Upstreamonline, February 13, 2008" .
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^ "First oil flows for Galoc off Philippines, Upstream, October 9, 2008" .
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^ "Russian Oil Companies Push East for New Growth, RIGZONE, May 16, 2007" .
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^
"Talakan Oil Enters Espo Pipeline, iStockAnalyst, October 2, 2008" . Archived from the original on 2009-05-27.
^ "Verkhnechonsk Project" . TNK-BP. Archived from the original on 2007-12-23. Retrieved 2007-11-25 .
^ "Vankor to the West and Samotlor to the East, Your OilandGas News, July 18, 2008" .
^ "Taps on at Verkhnechonsk, Upstreamonline, October 15, 2008" .
^ LUKOIL, ConocoPhillips' Yuzhno Khylchuyu (YK) Field Production Begins, MarketWatch, August 28, 2008
^ Lukoil Profit Rises 2.1% as Oil Price Outpaces Costs (Update2), Bloomberg, December 12, 2007 , December 12, 2007
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^ "Salamander turns on taps at Bualuang, Upstreamonline, August 28, 2008" .
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^ "Chevron's Blind Faith takes flight, Upstreamonline, November 12, 2008" .
^ "BHP BILLITON QUARTERLY REPORT ON EXPLORATION AND DEVELOPMENT ACTIVITIES QUARTER ENDED 30 SEPTEMBER 2007, BHPBilliton" (PDF) .
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^ "Woodside May Downgrade Oil Reserves at Neptune, Bloomberg.com, April 28, 2009" . April 28, 2009.
^ "Alaska, Pioneer Natural Resources, viewed December 20, 2007" . Archived from the original on December 25, 2007. Retrieved December 20, 2007 .
^ "Eni starts production from the Oooguruk oil field in Alaska, Eni, June 10, 2008" . Archived from the original on February 18, 2013.
^ "Overlying satellite field, Qannik, announced at Alpine, Petroleum News, July 14, 2006" .
^ "ConocoPhillips Announces Startup Of Third Alpine Satellite Field, ConocoPhillips, July 14, 2008" . Archived from the original on July 19, 2008.
^ "BP gets Thunder Horse platform in the Gulf of Mexico up and running after a three-year delay, June 16, 2008" . Archived from the original on May 22, 2011.
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^ "Shell readies Ursa waterflood, Upstreamonline, December 19, 2007" .
^ "AMERICAS-CRUDE/NEW, Reuters UK, December 12, 2007" . December 12, 2007.
^
"Golden Tuna oilfield set to start mid-2008, Vietnam Maritime Social Network, March 2, 2008" .[permanent dead link ]
^ "SOCO's CNV Field in Vietnam Produces First Oil, OilVoice, July 28, 2008" .
^ "Petrovietnam sees flat output in 2008, Upstreamonline, January 22, 2008" .
^ "UPDATE 1-Vietnam Su Tu Den '08 output eases to 55,000 bpd, Reuters UK, April 24, 2008" . April 24, 2008.
^ "UPDATE 1-Vietnam Su Tu Vang field output seen at 10k bpd, Reuters UK, July 30, 2008" . July 30, 2008.
^ "Yellow Lion Field Fires Up Production Offshore Vietnam, RIGZONE, October 27, 2008" .
^ Demongeot, Maryelle (June 11, 2007). "Talisman sees first Vietnam oil in May 2008, June 11, 2007" . Reuters .
^ "Corporate Presentation, Talisman Energy, June 2008" . Archived from the original on 2008-10-11.
^ "Talisman Energy Announces First Oil From the Song Doc Field in Vietnam, The Earth Times, December 4, 2008" .