Fazal is a producing conventional gas field located onshore Pakistan and is operated by Pakistan Petroleum. The field is located in block 2568-13 (Hala).
Field participation details
The field is owned by Pakistan Petroleum and Mari Petroleum.
Production from Fazal
The Fazal conventional gas field recovered 17.59% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 3 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2065.
Remaining recoverable reserves
The field is expected to recover 2.58 Mmboe, comprised of 15.5 bcf of natural gas reserves.
About Pakistan Petroleum
Pakistan Petroleum Ltd (PPL) is a midstream and upstream oil and gas company. It explores, develops and produces crude oil and natural gas resources. The company operates producing fields of Sui, Adhi, Kandhkot, Mazarani, Chachar, Hala, and Gambat South. It has revenue generation from partner-operated producing fields such as Qadirpur, Kirthar, Tal, Sawan, Nashpa and Latif. PPL has operations in exploration assets in Iraq and Yemen. The company executes projects through Bolan Mining Enterprise (BME), which is a joint venture with the Government of Balochistan for extracting mineral resources in the state. PPL is headquartered in Karachi, Sindh, 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.