Nashpa is a producing conventional oil field located onshore Pakistan and is operated by Oil & Gas Development. The field is located in block Nashpa.
Field participation details
The field is owned by Pakistan Petroleum, Oil & Gas Development and Government Holdings (Private).
Production from Nashpa
The Nashpa conventional oil field recovered 68.39% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 21.32 thousand bpd of crude oil and condensate and 89 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 47.99 Mmboe, comprised of 13.12 Mmbbl of crude oil & condensate and 209.2 bcf of natural gas reserves. Nashpa conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
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.
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.