Petroleum Review’s Megaprojects update for April

Chris Skrebowski, ASPO member and editor of Petroleum Review has presented his latest update of Megaprojects, a list of oil fields planned to come on stream in the next years, now up to 2013. It is entitled “Prices holding steady, despite massive planned capacity additions” and can be downloaded above.

The list has become more detailed compared to previous versions and includes fields with production down to 50 Kb/d. When plotting out maximum capacities year by year, a peak appears around 2010 but only when everything works according to plan (graph below). Chris mentions that the picture “looks somewhat brighter than even 6 months ago” and this is reflected in a higher, and slightly later peak.

Energy Bulletin