Oil megaprojects (2005)

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 2005. This is part of the Wikipedia summary of Oil Megaprojects -- see that page for further details. 2005 saw 23 projects come on stream with an aggregate capacity of 3.951 million barrels per day (628,200 m3/d) when full production was reached (which may not have been in 2005).

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 2005

Country Project Name Year startup Operator Area Type Grade 2P resvs GOR Peak Year Peak Discovery Capital Inv. Notes
OPEC
Iran Nowruz 2005 Shell LAND 90
Iran Soroush 2005 Shell LAND 100
Kuwait Raudhatain Exp (GC-15 Rebuild) 2005 KOC LAND Crude 5.1 300 [1][2][3][4][5][6]
Nigeria Bonga 11/2005 Shell ODW Crude API 30 0.600 225 1996 $3.6b [7][8][9]
Qatar RasGas 4 2005 NGL 45 [7]
UAE North East BAB (NEB) 2005 ADCO 2005 90
Non-OPEC
Angola Block 0 (Bomboco; Sanha) 1/2005 Chevron 2007 100 [10]
Angola Block 15 Kizomba B (Dikanza; Kissanje) 7/2005 ExxonMobil ODW Crude 1.0 2005 225 [7][11][12]
Australia Mutineer-Exeter 3/2005 Santos 0.061 2006 85 1997–2002 $609m [13][14][15]
Azerbaijan ACG Megastructure Ph 1 2005 BP 6.0+ 2006 325 [7]
Brazil Caratinga (P-48) 2/2005 Petrobras 0.330 2005 150 [16]
Brazil Marlim (P-47) 11/2004 Petrobras 150 [16]
Canada White Rose 2005 Husky 0.230 2006 90
Ivory Coast Baobab 2005 CNR 2006 65
Mexico Crudo Ligero Marino (SGP) 1/2005 PEMEX OFF Crude Light 0.766 2007 230 [17][18][19][20]
Mexico Ku-Maloob-Zaap Exp 1/2005 PEMEX OFF nitrogen inject heavy (API 14) 4.79 2010 500 2002 [17][19][20][21]
Norway Kristin 2005 StatoilHydro OFF Cond 0.220 126
Norway Urd 11/2005 StatoilHydro OFF Crude 50 2000 $600m [22][23][24][25]
Russia Sakhalin-I (Chayvo, Odoptu, Arkutun-Dagi) 10/2005 ExxonMobil 2.3 3/2006 250 [7][26][27]
Sudan Adar Yale 2005 CNPC 2006 250
Trinidad Angostura Ph1 1/2005 BHP Billiton 0.300 2005 60 $626m [28]
UK Clair South 2005 BP 0.250 2006 60
USA Holstein 2005 BP 110 1999 [29]
USA Mad Dog 1/2005 BP 0.250 100 [12][30]

This table is available in csv format here (updated daily).

References

  1. ^ "OPEC Upstream Capacity Expansion List: Kuwait". http://www.opec.org/home/PowerPoint/Supply%20and%20Capacity/upstream%20projects/upkuwait.htm. 
  2. ^ "Major upgrade project critical to Kuwait's modernisation plans, Petrofac News Release, June 2005, Accessed 12/10/07". http://www.petrofac.com/index2.php?option=com_content&do_pdf=1&id=134. 
  3. ^ "Shuaa Capital report on Petrofac, July 12th 2006, Accessed 12/10/07". http://www.ameinfo.com/shuaa_pdf/EquityResearch/2006-07-14.pdf. 
  4. ^ "Prices Set Firm, despite massive new capacity, Chris Skrebowski Petroleum Review, October 2005, Accessed 12/10/07". http://sydneypeakoil.com/downloads/PR_OCT2005_Megaprojects.pdf. 
  5. ^ "IEA Monthly Oil Market Report - Supply, IEA, July 13, 2004". http://omrpublic.iea.org/omrarchive/13jul04sup.pdf. 
  6. ^ "Gathering Centres in KOC Oil Fields, Kuwait Oil Company, viewed December 17, 2007". http://www.kockw.com/KOCImages/about/gatheringkoc_files/gcbs_map.gif. 
  7. ^ a b c d e "Exxon Financial and Operating Review, 2005". http://ccbn.mobular.net/ccbn/7/1532/1692/print/print.pdf. 
  8. ^ "Royal Dutch Shell plc 2005 Annual Report". http://www.shell.com/home/content/investor-en/publications/annual_reports/2006/dir_2006_annualreport.html. 
  9. ^ "Shell's Bonga Field Begins Production Offshore Nigeria, RIGZONE, November 28, 2005". http://www.rigzone.com/news/article.asp?a_id=27260. 
  10. ^ "ChevronTexaco Announces First Oil from Angola's Bomboco Field, Chevron, January 5, 2005". http://investor.chevron.com/phoenix.zhtml?c=130102&p=irol-newsArticle&ID=659078&highlight=. 
  11. ^ "Kizomba A and B: Projects Overview, Offshore Technology Conference, May 2006". http://www.otcnet.org/2006/tech_prog/sched/documents/otc179151.pdf. 
  12. ^ a b BP Financial and Operating Information, 2002-2006, http://www.bp.com/liveassets/bp_internet/globalbp/STAGING/global_assets/downloads/F/FOI_2002_2006_full_book.pdf 
  13. ^ "Woodside Annual Report 2003". http://www.woodside.com.au/Investors/Annual+Reports/Annual+Reports+2003+COVERPAGE.htm. Retrieved 2007-12-11. 
  14. ^ "Woodside Annual Report 2005". http://www.woodside.com.au/Investors/Annual+Reports/2005+Annual+Report.htm. Retrieved 2007-12-14. 
  15. ^ "Mutineer-Exeter MODEC Venture II FPSO, Carnarvon Basin, Australia". http://www.offshore-technology.com/projects/mutineer_exeter/. Retrieved 2007-12-14. 
  16. ^ a b "Petrobras Annual Report, 2005". http://www2.petrobras.com.br/ri/ing/pdf/Relatorio_Anual_2005_Ing.pdf. 
  17. ^ a b "PEMEX Outlook, PEMEX, November, 2006". http://www.pemex.com/files/content/dcf_pemex_outlook_061106_i.pdf. 
  18. ^ "AMERICAS-CRUDE/NEW, Reuters UK, October 9, 2007". October 9, 2007. http://uk.reuters.com/article/oilRpt/idUKN0943819620071009. 
  19. ^ a b "PEMEX Outlook, PEMEX, January, 2006". http://www.political-analysis.com/images/dcf_pemex_outlook_060102_i.pdf. 
  20. ^ a b "Oil Supply Analysis 2006 - 2007, ASPO Netherlands Newsletter #5 - Oktober 2006". http://www.peakoil.nl/wp-content/uploads/2006/10/asponl_newsletter_5_2006.pdf. 
  21. ^ "Trans-Boundary Oil and Gas Fields between Mexico and the USA, 27th USAEEE/IAEE North American Conference, September 16–19, 2007". http://www.usaee.org/usaee2007/submissions/OnlineProceedings/Javier%20Estrada.pdf. 
  22. ^ "Statoil 2004 Annual Report". http://www.statoilhydro.com/en/InvestorCentre/results/AnnualResults/Pages/default.aspx. 
  23. ^ "The NPD's Fact-pages, Accessed 12/22/2007". http://www.npd.no/engelsk/cwi/pbl/en/field/all/2834734.htm. 
  24. ^ "JPT Regional Update Feb 06, Accessed 12/22/2007". http://www.spe.org/spe-app/spe/jpt/2006/02/regional_update.htm. 
  25. ^ "Facts about Urd, Accessed 12/22/2007". http://www.statoilhydro.com/en/OurOperations/ExplorationProd/ncs/urd/Pages/default.aspx. 
  26. ^ "Rosneft Annual Report 2006". http://www.rosneft.com/attach/0/27/50/a_report_2006_eng.pdf. 
  27. ^ "Rosneft Annual Report 2005". http://www.rosneft.com/Investors/annual_reports/. 
  28. ^ "Petrotin Takes First Angustura Oil, Trinidad Guardian, 3/1/05". http://www.guardian.co.tt/archives/2005-03-01/business1.html. 
  29. ^ "Holstein Oil and Gas Development, Gulf of Mexico, USA, Offshore Technology, Accessed Dec 7th, 2007". http://www.offshore-technology.com/projects/holstein/. 
  30. ^ "Mad Dog: Changing the world, Accessed Nov 24th, 2007". http://www.bp.com/genericarticle.do?categoryId=9004519&contentId=7008068.