Spending power
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Spending power
Key facts
Counted staff
127
self-reported band not used
Office countries
1
2 addresses
Company type
Partnership
self-reported
Description
The Seram Non-Bula Block is located on Seram Island, Indonesia and covers an area of about 4,572 square kilometres. The principal field in the Seram Non-Bula Block is the Oseil Field. The Oseil field is located in the Seram Non-Bula PSC area on the island of Seram about 300 kilometers east of the city of Ambon. The field is located inland from the northeast coast of the island. As at 31 December 2009, the Seram Non-Bula Block had estimated proved oil reserves of 8.7 million barrels. The average production in 2009 was about 2,300 barrels per day (gross) of 15° to 22° API oil.
Discovery of the Oseil Field occurred in 1993 with the drilling of the Oseil-1 well, which found oil-bearing sections within the Manusela Carbonate. Since that time, nine additional wells, both vertical and horizontal, have been drilled to develop the field and have identified oil-bearing Manusela accumulations in four separate closures. Currently, oil has been produced from three of the four fault block closures. In the period from 1988 to 2002, the operator has drilled four exploration wells in the Seram Non-Bula Block, resulting in commercial oil discovery in the Oseil Field.
On 23 November 2006, CITIC Seram (an indirect wholly-owned subsidiary of the Company) completed the acquisition of a 51% participating interest from KUFPEC. As of the same date, CITIC Seram became the operator responsible for the day to day petroleum operations at the Seram Non-Bula Block. As the operator of the Seram Non-Bula Block, CITIC Seram is expected to maintain and improve current production levels at the Oseil Field on an economic and efficient basis in order to maximise output at the Oseil Field. Under the Production Sharing Contract, the Contractor (collectively the participants other than BPMIGAS namely CITIC Seram, KUFPEC, GPI and Lion) has been granted a 100% right to explore, develop and produce oil from the Seram Non-Bula Block for a period of 20 years until 2019.
Locations
Country footprint
Show as table · Offices in 1 country
| Countries | 1 |
|---|---|
| Primary country | ID |
All codes: ID
Addresses
- IDMenara Citibank 3rd & 6th Floor; Jl. Metro Pondok Indah Kav. IIBA; South Jakarta, DKI Jakarta 12310Primary
- IDJl. H.R. Rasuna Said Block X-7 Kav. 5, H.R. Rasuna Said, Rasuna Said, Jakarta Selatan; Menara Kuningan; Jakarta, DKI Jakarta 12940
Grid intelligence Members
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
4 employee profiles on record · names withheld.
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FAQ
How many people work at CITIC Seram Energy Limited?
127 counted staff profiles at January 2026. The brand's self-reported band sits above that count and is not published as a headcount.
Where does CITIC Seram Energy Limited have offices?
Two addresses on record, Indonesia only. Primary: Menara Citibank 3rd & 6th Floor, Jl. Metro Pondok Indah Kav. IIBA, South Jakarta, DKI Jakarta 12310.
Has CITIC Seram Energy Limited raised funding?
None linked to this brand.
Which companies are listed alongside CITIC Seram Energy Limited?
10 profiles list CITIC Seram Energy Limited as a peer — 85th percentile in Oil and Gas. It lists ten peers of its own. PT. Seleraya Merangin Dua and PT Mulia Graha Abadi list it back.