Oil megaprojects (2016)

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This page summarizes projects that propose to bring 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 2016. This is part of the Wikipedia summary of Oil Megaprojects.

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 list of projects for 2016

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.
More information Country, Project name ...
Country Project name Year startup Operator Area Type Grade 2P resvs GOR Peak Year Peak Discovery Capital Inv. Notes Ref
OPEC
Angola Kizomba Satellites Phase II 2016 ExxonMobil ODW Crude 125 [2]
Angola Negage 2016 Chevron ODW Crude 75 [2]
Angola Lucapa 2016 Chevron ODW Crude 100 [2]
Angola East Hub project (Cabaca Norte, South-East) 2016 Eni ODW Crude 80 [2]
Angola B31 SE 2016 BP ODW Crude 200 [2]
Iran Azadegan Ph 1 2016 CNPC Land Crude 75 [3]
Iran South Pars Ph 11 2016 CNPC Offshore Crude 80 [3]
Iran South Pars Ph 17-18 2016 PetroPars, OIEC, IOEC Offshore Crude 80 [3]
Iran South Pars Ph 22-23-24 2016 Petro Sina Arian, Sadra Offshore Crude 77 [3]
Iran Yadavaran Ph 1 2016 Sinopec LAND Crude Heavy 3.20 85 2000 [4]
Nigeria Bonga SW; Aparo 2016 Shell Crude Light 0.600 225 1998/2001 [5]
Nigeria Dibi Long-Term Project 2016 Chevron Crude 70 [5]
Nigeria Sonam Field Development 2016 Chevron Crude 30 [5]
Nigeria Bosi 2016 ExxonMobil Crude 140 [5]
Nigeria Erha North Phase 2 2016 ExxonMobil Crude 60 [5]
Nigeria Satellite Field Development Phase 2 2016 ExxonMobil Crude 80 [5]
Nigeria Uge 2016 ExxonMobil Crude 110 [5]
Nigeria Bongo North 2016 Shell Crude 100 [5]
Nigeria Usan Future Phases 2016 Total Crude 50 [5]
Saudi Arabia Manifa Ph 2 2016 Saudi Aramco OFF Crude 28 API 16.820 300 1957 [6][7][8][9]
Non-OPEC
Canada Hebron (Ben Nevis) 2016 ExxonMobil OFF Crude Heavy 0.730 140 1981 [10][11][12]
Canada Sunrise Ph 3 2016 Husky Energy Oil Sands Bitumen 1.0-2.2 0 No FID, 50 kbd SAGD [13][14][15]
Canada NAOSC Strathcona Ph 1 2016 StatoilHydro LAND Bitumen Oil Sands 65 [16][17]
Canada Gregoire Lake (Phase 1) 2016 CNRL LAND Bitumen Oil Sands 30 In-Situ, Announced [18]
Canada Joslyn Ph 2 2016 CNRL LAND Bitumen Oil Sands 0 Application No FID 50 kbd [16]
Canada Long Lake Upgrader Ph 3 2016 OPTI /Nexen LAND Bitumen Oil Sands 0 Mining, Upgrading, No FID, 60 kbd [19]
Kazakhstan Kashagan (Phase 2+, Satellites) 2016 ENI OFF Crude 45 API 7.8 2020 850 2000 $136B, No FID [20][21][22][23]
Malaysia Malikai 2016 Shell ODW Crude 150 2004 [24]
United Kingdom Falkland Islands Sea Lion 2016 Rockhopper OFF Crude .3556 2016 70 [25]
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