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:


  • 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.


  • Modec: Supply of FPSO
  • Icon Engineering:
    • Installation of the Buffalo platform
    • Operational support services


  • 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



  1. Sofec FPSO References
  2. Offshore Oil And Gas Production Platforms In Australia
  3. Icon Engineering Platform References
  4. BHP Announces First Oil From Buffalo Oil Field
  5. FPSO "Buffalo Venture" Re-deployed for PEARL's Jasmine Field

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