Nashpa is a producing conventional oil 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 Nashpa. Buy the profile here.
Field participation details
The field is owned by Government Holdings (Private), Oil & Gas Development and Pakistan Petroleum.
Production from Nashpa
The Nashpa conventional oil field recovered 79.99% 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 89.00 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 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 30.38 Mmboe, comprised of 7.08 Mmbbl of crude oil & condensate and 139.80 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.
For more details on the Nashpa Conventional Oil 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.
