Badar is a producing conventional gas field located onshore Pakistan and is operated by Petroleum Exploration. The field is located in block Badar.
Field participation details
The field is owned by Oil & Gas Development, Shahzad International Group and Jura Energy.
Production from Badar
The Badar conventional gas field recovered 56.82% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 18 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2048.
Remaining recoverable reserves
The field is expected to recover 10.86 Mmboe, comprised of 65.17 bcf of natural gas reserves.
About Petroleum Exploration
Petroleum Exploration Pvt Ltd (PEL) is a Pakistan based company engaged in exploration and production of hydrocarbon deposits. PEL has been established with the aim of developing a strong base in exploration and production activities. The company is fully dedicated to exploring and exploiting the undiscovered oil and gas resources in Pakistan. In Pakistan, PEL has 10 onshore and three offshore exploration licenses, six development and production leases, and two gas from four gas fields and so far has drilled 12 wells in joint ventures. The company is headquartered at Islamabad, Pakistan.
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.