Gharo is a producing conventional oil field located onshore Pakistan and is operated by United Energy Pakistan. The field is located in block Badin I.
Field participation details
The field is owned by United Energy Group.
Production from Gharo
The Gharo conventional oil field recovered 19.87% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 0.04 thousand bpd of crude oil and condensate and 34 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2063. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 24.93 Mmboe, comprised of 0.07 Mmbbl of crude oil & condensate and 149.17 bcf of natural gas reserves. Gharo conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About United Energy Pakistan
United Energy Pakistan Ltd (UEP), a subsidiary of United Energy Group Ltd, is an oil and gas exploration and production company that acquires, explores, develops and produces oil and gas properties. The company has its assets in various areas of Sindh province including Badin, Tando Mohammad Khan, Tando Allahyar, Thatta, Hyderabad, Matiari, Sanghar, and Mirpurkhas. Its assets comprise nine producing and exploration blocks in Sindh province and four offshore exploration blocks in the Arabian Sea. UEP partners with other oil and gas companies for its exploration activities. The company operates through its offices located in Karachi, Islamabad, Badin, and Matiari, Pakistan. UEP is headquartered in Karachi, 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.