Block-22 is a producing conventional gas field located onshore Pakistan and is operated by Petroleum Exploration. The field is located in block 2768-3 (Block 22).
Field participation details
The field is owned by Shahzad International Group, Pakistan Petroleum and Government Holdings (Private).
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Production from Block-22
The Block-22 conventional gas field recovered 98.55% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 15 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.
Remaining recoverable reserves
The field is expected to recover 0.12 Mmboe, comprised of 0.75 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.
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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