Oil megaprojects (2006)

This page summarizes projects that brought more than 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 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

Overview200320042005200620072008200920102011201220132014201520162017201820192020

Detailed project table for 2006

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. 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.

CountryProject nameYear startupOperatorAreaTypeGrade2P resvs GOR Peak yearPeakDiscoveryCapital inv.NotesRef.OPECAlgeriaIn Amenas6/2006BP/StatoilLANDCondensate200750IndonesiaWest Seno Ph2 Exp2006ChevronODWCrude2007201998IranRag e Safid-Bangestan exp2006QeshmCrudeLight2.400150KuwaitMinagish Exp (GC 28 EOR)2006KOCLANDCrude3.360NigeriaAOR-E Delta2006ExxonMobil0.560120NigeriaErha/Erha North4/2006ExxonMobilODW0.500200NigeriaOron (OML 123)5/2006Addax0.142200870QatarOryx GTL /Al Seef/Rasgas 52006Sasol/QatarEnergy/ExxonMobilNGL/GTL2008130Saudi ArabiaHaradh III3/2006Saudi AramcoCrudeLight (API 32)3-73001951UAEBu Hasa; Sahil Exp2006ADNOC180UAENorth East BAB Phase12006ADCO Land + Shallow Marine110Non-OPECAngolaBlock 14 BBLT (Benguela-Belize Lobito-Tomboco)6/2006ChevronOFFCrude0.4002007200AngolaBlock 17 Dalia (oil field)12/2006Total0.9402252007AustraliaEnfield7/2006Woodside0.1272006100$1,321mMax production reached 70kbbl/d, declined to 43kbbl/d by year end.AzerbaijanACG Ph2 West Azeri1/2006BP2.32010450AzerbaijanACG Ph2 East Azeri10/2006BP5.82008260AzerbaijanShah Deniz (Stage 1)12/2006BPOFFCondensate0.80040BrazilAlbacora Leste (P50)4/21/2006PetrobrasCrudeHeavy0.5342007180BrazilGolfinho I5/6/2006PetrobrasCrudeLight0.4502007100BrazilJubarte 1 Phase 1 (P34)12/17/2006PetrobrasCrudeHeavy0.600200760Eq. GuineaOkume Complex12/2006Hess200860KazakhstanTengiz/Korolev expansion2006ChevronLANDCrude6.0250MauritaniaChinguetti2007Petronas0.1202006752001–2003$625mMax production 75kbbl/d declined to 22kbbl/d by year end.NorwayFram East10/2006Norsk HydroOFF0.06145$1,000mSudanDar Blend (Adar Yale oilfield)7/2006PetrodarCrudeAPI 260.2762007200SudanThar Jath6/2006PetronasLANDCrude0.25085United StatesConstitution/Ticonderoga2/2006Anadarko Petroleum70United StatesNanuq; Fiord (Alpine satellites)9/2006Conoco PhillipsLANDCrude0.1200825YemenMalik2006CalvalleyLANDCrude200930

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. 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