Latif is a producing conventional gas field located onshore Pakistan and is operated by OMV (Pakistan) Exploration. The field is located in block 2669-3 (Latif).
Field participation details
The field is owned by Pakistan Petroleum, United Energy Group and Eni.
Production from Latif
The Latif conventional gas field recovered 92.46% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 0.04 thousand bpd of crude oil and condensate and 109 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 3.2 Mmboe, comprised of 0.04 Mmbbl of crude oil & condensate and 18.98 bcf of natural gas reserves.
About OMV (Pakistan) Exploration
OMV (Pakistan) Exploration GmbH (OMV), a subsidiary of OMV Exploration & Production GmbH is a producer of natural gas in Pakistan. The company holds interests in eight exploration licenses and four operated development & production leases. OMV is headquartered in 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.