Buffalo Oil Field
Revision as of 09:47, 31 January 2024 by Abarrelfull (talk | contribs)
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 was moved and renamed the Jasmine Venture MV7 FPSO. 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
- Abandonment Strategy
+++ 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