FPSO MODEC Venture 11
Mutineer-Exeter field (WA-191-P) is located approximately 150 km north of Dampier on the north west coast of Australia.
The FPSO MODEC Venture 11 is installed in 156 m water depth and capable of processing 100,000 barrels of oil per day and having a storage capacity of 930,000 barrels. The FPSO was converted from an existing double-hull Suez-max tanker that meets very strict Australian environmental regulatory requirements. When a cyclone approaches, the FPSO can disconnected from the turret and evacuate to a safe place. When the FPSO returns to the field, the FPSO and the turret will be reconnected.
The first oil was achieved in March 2005. MODEC operates the FPSO for minimum 5 years with possible extensions.
Scope of Work
- Engineering
- Procurement
- Construction
- Installation
- Operation and Maintenance
| Unit Name | FPSO MODEC Venture 11 |
|---|---|
| Contract | EPCI + Time Charter |
| First Oil | March 2005 |
| Charter Period | 5 years + extension options |
| Client | Santos Ltd. |
| Status | In Operation (MODEC owns and operates) |
| Field Name | Mutineer-Exeter Field |
|---|---|
| Country | Australia |
| Water Depth | 156 m |
| New/Conv | Conversion |
| Mooring Type | SOFEC Disconnectable Internal Turret |
| Storage Capacity | 930,000 bbls |
|---|---|
| Oil Production | 100,000 bopd |
| Gas Production | 2-3 mmscfd |
| Water Production | 125,000 bwpd |
| Water Injection | 150,000 bwpd |
Related Press Releases
- Mar. 30, 2005
- Mutineer-Exeter FPSO Achieve First Oil
- Oct. 16, 2003
- Santos selects MODEC to develop Mutineer-Exeter field, Australia