Exxon 2009 Annual Report Download - page 26

On Sakhalin Island, the Yastreb rig is drilling extended-reach
development wells 6 miles into the offshore Odoptu field from
the onshore location pictured below.
Tyrihans฀•฀ The Tyrihans project (ExxonMobil interest,
12 percent) is located in the Norwegian Sea and is being
developed as a subsea tieback to the Kristin platform.
The development started up in 2009 and has a planned
peak production of 80 thousand barrels of liquids per day
and 335 million cubic feet of gas per day.
Other Key Projects Starting up in 2010 and Beyond
RasGas฀Train฀7฀• RasGas Train 7 (ExxonMobil interest, 30
percent) started up in early 2010 and consists of a 7.8-million-
tonnes-per-year LNG production facility. The project also
produces associated products including condensate, LPG,
helium, and sulfur. Train 7 will supply Asia and other markets
worldwide, using both Q-Flex and Q-Max LNG carriers. Train
7 is owned by Ras Laffan Liquefied Natural Gas Company (3),
a joint venture between Qatar Petroleum and ExxonMobil.
Golden฀Pass฀LNG฀Terminal฀• Construction of the Golden
Pass LNG regasification terminal (ExxonMobil interest,
18 percent) in Sabine Pass, Texas, continues to progress,
and start-up is scheduled in 2010. The terminal will have the
capacity to deliver up to 2 billion cubic feet of gas per day to
the U.S. market.
Kearl฀Oil฀Sands฀•฀ The Kearl oil sands project (ExxonMobil
Canada and Imperial Oil interest, 100 percent) is developing
a world-class oil sands resource in northern Alberta expected
to exceed 4 billion barrels. Construction is under way with
the Phase 1 mining and extraction facilities scheduled
for completion in 2012. Phase 1 will initially produce 110
thousand barrels of bitumen per day, growing to about
140 thousand barrels per day after five years. Front-end
engineering work is currently progressing on Phase 2.
Hebron฀• Planning is under way for the Hebron project
(ExxonMobil interest, 34 percent), an ExxonMobil-operated
oil development located in 300 feet of water offshore
Newfoundland. The development is being designed to
recover over 600 million barrels of oil in arctic conditions
using a gravity-based structure. ExxonMobil is applying
our extensive global experience with both gravity-based
facilities and arctic project execution to advance Hebron
into front-end engineering and design.
Kizomba฀Satellites฀• In 2009, Angolan government
approval was received for contracts for the Kizomba
Satellites project (ExxonMobil interest, 40 percent), which
will develop several oil discoveries using subsea tiebacks to
the Kizomba A and Kizomba B floating production, storage,
and offloading (FPSO) vessels. The project is expected to
recover approximately 250 million barrels of oil.
Odoptu฀• Detailed engineering for the first phase of Odoptu
(ExxonMobil interest, 30 percent) has been completed
and construction of the facilities is under way. The Yastreb
drilling rig, one of the world’s largest onshore rigs, has been
moved from Chayvo to Odoptu, and drilling operations
commenced in 2009. The Odoptu field, located offshore
Far East Russia, is being developed using extended-reach
drilling (ERD) wells drilled from shore approximately 6 miles
horizontally to the reservoirs.
Gorgon฀Jansz฀•฀ The 15-million-tonnes-per-year Gorgon
Jansz LNG project (ExxonMobil interest, 25 percent) received
formal sanction from the Western Australia government and
project co-venturers in 2009. This project will develop
approximately 25 trillion cubic feet of gas resources located
on the Northwest Shelf of Australia, and first LNG shipments
are targeted for late 2014. This world-class development
consists of subsea infrastructure for offshore production and
transportation of the gas, three 5-million-tonnes-per-year
LNG trains, and a domestic gas plant located on Barrow
Island, as well as the largest carbon dioxide sequestration
project in the world to minimize emissions.
PNG฀LNG฀•฀ The PNG LNG project in Papua New Guinea
(ExxonMobil interest, 33 percent) was also approved for
development in 2009, following execution of agreements
with various buyers for LNG sales into Asia. The project
will develop the Hides, Angore, and Juha fields with a
6.6-million-tonnes-per-year LNG facility located near
Port Moresby. Front-end engineering and design have
been completed, major contracts have been awarded,
and project execution is under way.
EXXON฀MOBIL฀CORPORATION฀ •฀ 2009฀SUMMARY฀ANNUAL฀REPORT 23
The Golden Pass LNG regasification terminal, located on the
U.S. Gulf Coast, will open in 2010 and will have the capacity
to supply 2 billion cubic feet of gas per day to the U.S. market.