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  1. Market Data
May 13, 2022

Loti Conventional Gas Field, Pakistan

By Carmen

Loti is a producing conventional gas field located onshore Pakistan and is operated by Oil & Gas Development. The field is located in block 2768-3 (Block 22) and Loti ML.

Field participation details

The field is owned by Oil & Gas Development.


Production from Loti

The Loti conventional gas field recovered 69.78% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 33 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 13.25 Mmboe, comprised of 79.49 bcf of natural gas reserves.


About Oil & Gas Development

Oil & Gas Development Co Ltd (OGDCL) is an integrated upstream oil and gas company. It explores, develops and produces oil and gas from its assets in the provinces of Sindh, Punjab, Balochistan and Kyber Pakhtoon Khawa (KPK) in Pakistan. It owns interests in operated and non-operated exploration licenses and mining leases. The company has equipment and operational base, which includes drilling rigs, workover rigs, seismic data processing center, geological analysis laboratory, wireline logging unit, cementing units and data logging unit for supporting its operations. The company also operates oil and gas processing plants, liquefied petroleum gas and sulphur recovery units. OGDCL is headquartered in 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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