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  1. Market Data
April 29, 2022

Oseil Conventional Oil Field, Indonesia

By Carmen

Oseil is a producing conventional oil field located onshore Indonesia and is operated by CITIC Seram Energy. The field is located in block Seram Non Bula.

Field participation details

The field is owned by PT Petro Indo Mandiri, CITIC Group, Lion Energy, PT GHJ Seram Indonesia and Gulf Petroleum Investment.


Production from Oseil

The Oseil conventional oil field recovered 87.82% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 4.73 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029.


Remaining recoverable reserves

The field is expected to recover 2.69 Mmboe, comprised of 2.69 Mmbbl of crude oil & condensate.


About CITIC Seram Energy

CITIC Seram Energy Limited is an oil and gas exploration and production company.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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