A Premier Strategic Onshore Asset
PT Sele Raya Belida is the lead operator of the Belida Block, an onshore energy asset located in the Muara Enim Regency of South Sumatra. Covering a vast area of 678.11 km², our operations are backed by a Production Sharing Contract (PSC) active until 2034. With a 95% participating interest, we maintain a dominant position and high level of control over the block’s strategic development.
Field Development & Proven Performance
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Operators
PT Sele Raya Belida 95% Participating Interest
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Beautiful
A dedicated natural gas and condensate hub (POD approved 2016)
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Sungai Anggur Selatan (SAS)
New growth engine with expanded operations and gas monetization (2025)
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SAS Phase 1
Our most recent milestone, with POD approval secured in October 2025
To date, our technical team has successfully executed 7 high-impact wells, including five exploratory wells, one appraisal well, and one development well, maintaining a track record of precision.
Operational Overview
Operational Overview
Operators
PT Sele Raya Belida 95% Participating Interest
Partners
CIEC 5% Participating Interest
Contract Term
12 December 2004 – 11 December 2034
Location
Muara Enim, South Sumatra, 95 km west of Palembang
Production & Reserves Growth
We are currently experiencing a period of exponential growth, transforming the Belida Block into a high-yield production asset.
The Production Surge
Our oil output has seen a remarkable transformation, surging from 30.44 BOPD in 2021 to an impressive 1,219.01 BOPD in 2025. This represents our ability to maximize reservoir potential through technical management
Cumulative Production (as of August 2025)
| Crude Oil | Natural Gas | Condensate |
|---|---|---|
| 853 MSTB | 5.89 BSCF | 45.8 MSTB |
Strong Reserve Foundation
Reserve Status: 01 January 2025
| P1 Reserves | 3.308 MMSTB Oil | 4.144 BSCF Gas |
| P2 Reserves | 0.67 MMSTB Oil | 0.732 BSCF Gas |
Oil Production Trends (2021–2025)
Gas Production Trends (2021–2025)
The Cantik Field project
Natural Gas Excellence & Regional Energy Supply
Located 95 km west of Palembang, the Cantik Field is a cornerstone of our natural gas operations. Since achieving "First Gas-In" in July 2020, we have consistently scaled production to meet regional energy demands through a strategic 11-year Gas Sales Agreement (GSA) with PT Pertagas Niaga
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Production Capacity
Scaled to 2,000–3,500 MMBTU daily
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Asset Value
Estimated recoverable gas reserves of 9.655 BSCF
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Operational Readiness
Features a fully commissioned surface production facility and a direct tie-in to the 14-inch Pertamina Gas transmission pipeline
The Sungai Anggur Field Project
A Core Foundation for Crude Oil Production
The Sungai Anggur Field is our primary crude oil asset, providing a steady and reliable supply to Indonesia’s energy grid. Our operations are fully integrated with national infrastructure, delivering high-quality crude directly to PT Pertamina (Persero) for their Refinery Unit III in Plaju
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Infrastructure
Utilizes a custom-built 20-inch crude oil transfer line and custody meter facility
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Target Output
Designed for an initial crude oil production rate of 327 BOPD
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Strategic Impact
Proven reserves of 923 MSTB, reinforcing the long-term viability of the Belida Block
Strategic Upside Potential
Unlocking High-Growth Future Assets
Beyond our current production, we have identified high-value opportunities within the Lebong and Lembak Deep areas. These targets represent low-risk exploration with the advantage of using our existing infrastructure for immediate monetization
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Lebong (Baturaja Reservoir)
Significant heavy oil potential (15° API) with an estimated 500 MMBOIP (Original Oil in Place)
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Lembak Deep (Talang Akar)
Eight high-confidence leads with estimated reserves of 34.5 MMBO and 82 BCF of unrisked gas
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Efficiency
Modern seismic data confirms these are high-probability targets ready for rapid development
