Loti is a producing conventional gas field located onshore Pakistan and is operated by Oil & Gas Development. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 2768-3 (Block 22) and Loti ML. Buy the profile here.
Field participation details
The field is owned by Oil & Gas Development.
Production from Loti
The Loti conventional gas field recovered 72.80% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 33.00 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 11.92 Mmboe, comprised of 71.55 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.
For more details on the Loti Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
