Buffalo Oil Field
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Australia Oil & Gas Fields
Bhp Billiton Oil & Gas Fields
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Summary Information
- Operator: BHP Billiton
- Country: Australia
- Location: Timor Sea
- Production start: 1999
- Partners: Occidental
- Type: Oil
- Estimated Reserves: Original - proven and probable (P50) reserves of around 20 million barrels of oil
- Production Volume:
Description
- The Buffalo oil field is located in permit WA-260-P, in the Timor Sea. It lies approximately 560 kilometres north west of Darwin, and is located in Australian waters in the same general area as the Laminaria/Corallina fields.
- Buffalo crude is a light oil (53.3 degrees API) with a very low gas-oil ratio (120 scf/bbl).
- The Buffalo oil field is being developed using two wells connected to an unmanned minimum Wellhead Platform with a Floating Production, Storage and Offloading facility (FPSO), the Buffalo Venture. The 103,000 DWT vessel is BHP-operated and leased from MODEC, Inc (of the Mitsui group).
- The Buffalo Venture FPSO is permanently moored. It has a storage capacity of around 740,000 barrels.
Contractors
- Modec: Supply of FPSO
- Icon Engineering:
- Installation of the Buffalo platform
- Operational support services
History
- 1996 - Buffalo Oil Field discovered
- 1998 - The BHP Board approved the development of the Buffalo oil field
- 1999 - Government approvals
- 1999 - First oil
- 2004 - Buffalo Oil Field decommissioned
Geology
Links
- Sofec FPSO References
- Offshore Oil And Gas Production Platforms In Australia
- Icon Engineering Platform References
- BHP Announces First Oil From Buffalo Oil Field
- FPSO "Buffalo Venture" Re-deployed for PEARL's Jasmine Field
page revision: 8, last edited: 08 Sep 2015 06:17