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FPSO Buffalo Venture


EPCI + Time Charter

FPSO Buffalo Venture

The Buffalo Venture is a tanker converted FPSO with a SOFEC external turret mooring system. It operated on the Buffalo Field in the Timor Sea, offshore Australia under Canadian Nexen Inc. following BHP Petroleum Australia. The field development consisted of a wellhead platform located in 30 meters water depth producing to the FPSO, which was located in 255 meters water depth.

The Buffalo reservoir lies below a shallow portion of Australia's Big Bank, which is surrounded by deeper water ranging from 280 to 350 meters. The severely sloped seabed (up to 75 degrees) presented unique challenges to both mooring and riser system designers. To cope with these challenges, the mooring system design included the anchors for two (2) of the six (6) legs to be located in the shallow waters of the bank and the remaining four (4) legs are located in deep water down to 350 meters.

MODEC operated the FPSO Buffalo Venture from 1999 to December 2004 at Buffalo field. The FPSO was renamed to FPSO Jasmine Venture MV7 and relocated to PEARL's Jasmine field, offshore Thailand.

Unit Name : FPSO Buffalo Venture
Field Name : Buffalo Field
Country : Australia
Water Depth : 255 m (837 ft)
Mooring Type : SOFEC External Turret
Storage Capacity : 800,000 bbls
Oil Production : 40,000 bopd
Gas Production : 8 mmscfd
Water Production : 30,000 bwpd
New/Conv : Conversion
Client : Nexen Inc. (Transferred from BHP Petroleum Pty. Ltd.)
Contract : EPCI + Time Charter
Scope of Work : Engineering, Procurement, Construction, Installation, Operation & Maintenance
First Oil : December 1999
Charter Period : December 1999 - December 2004
Current Status : Decommissioned