Asset Report

Seram Non-Bula

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The Seram Non Bula PSC is located in the Seram Basin, onshore Seram Island in eastern Indonesia, and contains the producing Oseil and Nief Utara fields. Oseil is a heavy oil field, relatively high in sulphur content, brought onstream in December 2002. The Nief Utara oil field, located approximately six kilometres southeast of Oseil, was discovered in May 2008, and brought onstream later that year. From 2010, the operator has sold Oseil crude without first processing it into HSFO and naptha on Seram. This report includes an overview of trends and activities in the asset with analysis on cost, production, cashflow and fiscal terms.

Table of contents

  • Summary
    • Recent activity
    • Historical
    • 1990s
    • 2000s
    • 2010s
  • Exploration Costs
  • Capital Costs
  • Operating Costs
  • Original PSC terms
  • 1999 PSC extension terms
    • Other assumptions
  • Cash Flow

Tables and charts

This report includes the following images and tables:

    Index MapSeram Non Bula Area MapParticipation
    Field Hydrocarbon CharacteristicsSignificant discoveries and recent exploration wellsExploration Costs 2017 to 2025 (US$ million)Capital Costs Pre-2017 to 2025 (US$ million)Operating Costs 2026 to 2031 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of Revenues
  • 8 more item(s)...

What's included

This report contains:

  • Document

    Seram Non-Bula

    XLS 774.50 KB

  • Document

    Seram Non-Bula

    PDF 2.53 MB