FPSO Stybarrow Venture MV16
The Stybarrow field is located in permit WA-255-P(2) in the Exmouth Sub-basin, approximately 65 kilometers from Exmouth, off the northwest Australian coast.
The EPCI project included the provision of an FPSO capable of processing 100,000 barrels of liquids per day and a storage capacity in the order of 900,000 barrels. The FPSO is installed in approximately 825 meters water depth.
MODEC owns and provides FPSO operations and maintenance services for the Stybarrow field for an initial 10 year period with the option of one-year extensions for a further 5 years.
The ramp up of oil production on the FPSO Stybarrow Venture MV16 started on November 11, 2007 and achieved full production on December 1, 2007 after fully commissioning the facilities and interference testing in the reservoir.
Scope of Work
- Engineering
- Procurement
- Construction
- Commissioning
- Operation and Maintenance
| Unit Name | FPSO Stybarrow Venture MV16 |
|---|---|
| Contract | EPC + Time Charter |
| First Oil | November 2007 |
| Charter Period | 10 years + 5 one-year options |
| Client | BHP Billiton Petroleum |
| Status | In Operation (MODEC owns and operates) |
| Field Name | Stybarrow Field |
|---|---|
| Country | Australia |
| Water Depth | 825 m |
| New/Conv | New Build |
| Mooring Type | SOFEC Disconnectable Internal Turret |
| Storage Capacity | 900,000 bbls |
|---|---|
| Oil Production | 80,000 bopd |
| Gas Production | 45 mmscfd |
| Water Injection | 110,000 bwpd |
Related Press Releases
- Dec. 21, 2007
- MODEC's FPSO Stybarrow Venture MV16 Achieves First Oil
- Aug. 15, 2007
- FPSO Stybarrow Venture MV16 Naming Ceremony
- Mar. 20, 2006
- MODEC Awarded FPSO for Stybarrow Field, Offshore Australia