Oil megaprojects (2020)

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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 2020. This is part of the Wikipedia summary of Oil Megaprojects.

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Overview 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Detailed list of projects for 2020

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Country Project Name Year startup Operator Area Type Grade 2P resvs GOR Peak Year Peak Discovery Capital Inv. Notes Ref
OPEC
Kuwait Project Kuwait Phase II 2020 KOC LAND Crude Heavy 2020 0 No FID 400 kbd [1][2]
Iran Yadavaran Ph 2 2020 Sinopec LAND Crude Heavy 3.20 100 2000 [3]
Saudi Arabia Berri Exp 2020 Saudi Aramco LAND Crude Extra Light 0 No FID 300 kbd [4]
Saudi Arabia Khurais Exp 2020 Saudi Aramco LAND Crude Light 0 No FID 300 kbd [4]
Saudi Arabia Safaniyah Exp 2020 Saudi Aramco OFF Crude Heavy 0 No FID 700 kbd [4]
Saudi Arabia Zuluf Exp 2020 Saudi Aramco OFF Crude Medium 0 No FID 900 kbd [4]
Non-OPEC
Canada Joslyn Ph 4 2020 CNRL LAND Bitumen Oil sands 0 Application No FID 50 kbd [5]
Mexico (Chicontepec) Exp 3 2020 PEMEX LAND Heavy 2.287 2024 200 $30B [6][7][8]
United States (Eagle Ford Shale) 2020 Chesapeake Energy LAND Crude Light 2020 500 2010 JV with CNOOC [9]

References

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  1. ^ "KOC inks heavy oil deal with Exxon, KuwaitTimes, October 23, 2007".
  2. ^ "Kuwait Targets 450,000 Barrel-a-Day Heavy Oil Output (Update2), Bloomberg.com, March 31, 2009". March 31, 2009.
  3. ^ "EIA Iran Country Analysis".
  4. ^ a b c d "IEA Oil Market Report, July 10, 2008" (PDF).
  5. ^ "Canadian Oil Sands Projects - Jan 2008".
  6. ^ "PEMEX Outlook, September 2008" (PDF).
  7. ^ Campbell, Robert (January 5, 2009). "Mexico's Pemex pushes ahead with Chicontepec field, Reuters. January 5, 2009". Archived from the original on July 17, 2012.
  8. ^ "Pemex lets Chicontepec work; delays drill bids, Oil & Gas Journal, January 7, 2009".
  9. ^ "Chesapeake Energy Corporation and CNOOC Limited Announce Eagle Ford Shale Project Cooperation Agreement".