Abstract
Development of the Cossack and Wanaea oil fields is in progress with first oil scheduled for late 1995. Wanaea oil reserves are estimated in the order of 32 x 106m3 (200 MMstb) making this the largest oil field development currently underway in Australia.Development planning for these fields posed a unique set of challenges.Key subsurface uncertainties are the requirement for water injection (Wanaea only) and well numbers. Strategies for managing these uncertainties were studied and appropriate flexibility built-in to planned facilities.Alternative facility concepts including steel/concrete platforms and floating options were studied-the concept selected comprises subsea wells tied-back to production/storage/export facilities on an FPSO located over Wanaea.In view of the high proportion of costs associated with the subsea components, significant effort was focussed on flowline optimisation, simplification and cost reduction. These actions have led to potential major economic benefits.Gas utilisation options included reinjection into the oil reservoirs, export for re-injection into North Rankin or export to shore. The latter requires the installation of an LPG plant onshore and was selected as the simplest, safest and the most economically attractive method.
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