BP 2007 Annual Report Download - page 175

BP ANNUAL REPORT AND ACCOUNTS 2007 173
48 Suspended exploration well costs continued
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Anticipated
2007 Years year of
Cost wells wells development
Country Project $ million gross drilled project sanction Comment
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Angola Chumbo 26 2 2003-2005 2011-2014 Assessment of hydrocarbon quantities as potentially
commercial completed; development option identified and
under evaluation; development plan for FPSO submitted.
Plutao/Saturno/Marte/Venus 51 5 2002-2005 2008 Assessment of hydrocarbon quantities as potentially
commercial completed; development option using FPSO
identified and under evaluation.
Cravo/Lirio/Orquidea/Violeta 32 7 1998-2006 2009 Assessment of hydrocarbon quantities as potentially
commercial completed; development option using FPSO
identified and under evaluation.
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109 14
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Egypt Ras El Bar Seth 3 1 1995 2008 Assessment of hydrocarbon quantities as potentially
commercial completed; development options identified
and under evaluation; development planned through
tie-back to existing infrastructure; gas sale agreement in
place.
Western Mediterranean 13 3 2002-2004 2008-2010 Assessment of hydrocarbon quantities as potentially
Block B commercial completed; development options identified
and under evaluation; seismic survey completed and under
review; concession agreement amendment negotiations
under way.
East Delta Deep Marine 11 2 2002-2006 2011 Assessment of hydrocarbon quantities as potentially
commercial completed; development options identified
and under evaluation involving tie-back to existing
infrastructure.
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27 6
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Indonesia Tangguh Phase II 51 9 1994-1997 2009-2011 Assessment of hydrocarbon quantities as potentially
commercial completed; assessment of economic aspects
of project in progress; onshore and offshore development
options identified and under evaluation. This is the second
phase of the LNG project that is currently under
development.
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51 9
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Trinidad Coconut 47 1 2005 2014 Assessment of hydrocarbon quantities as potentially
commercial completed; assessment of economic aspects
of project in progress; development options identified and
under evaluation; planned subsea tie-back to existing
infrastructure.
Corallita/Lantana 24 2 1996 2008 Assessment of hydrocarbon quantities as potentially
commercial completed; development options identified
and under evaluation; planned subsea tie-back to existing
infrastructure fields dedicated to LNG gas contract
delivery; dependent upon capacity in existing
infrastructure.
Manakin 22 1 2000 2011 Assessment of hydrocarbon quantities as potentially
commercial completed; assessment of economic aspects
of project in progress; development options identified and
under evaluation; planned subsea tie-back to existing
production facilities and LNG train; inter-governmental
discussions on unitization continue.
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93 4