Piaro Deep Basal is a producing conventional gas field located onshore Pakistan and is operated by United Energy Group. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Badin I. Buy the profile here.
Field participation details
The field is owned by United Energy Group.
Production from Piaro Deep Basal
The Piaro Deep Basal conventional gas field recovered 25.74% of its total recoverable reserves, with peak production in 2022. The peak production was approximately 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049.
Remaining recoverable reserves
The field is expected to recover 0.56 Mmboe, comprised of 3.34 bcf of natural gas reserves.
About United Energy Group
United Energy Group Ltd (UEG) is an investment holding company. It carries out the exploration, development, production and operation of oil and natural gas resources and hydrocarbon assets. It also carries out production and processing of oil & gas; construction and operations of infrastructure projects including oil and gas storage, transportation systems, processing plants and pipelines; and oilfield support services. The company operates through three segments exploration, production and oil exploitation. The company oil exploitation segment is engaged in businesses related to the production of crude oil in the People’s Republic of China. Oilfield support services segment is engaged in the provision of oilfield support services by using patented technology and related businesses. The company has operations in China, Pakistan, Dubai, Iraq, Singapore and Egypt. UEG is headquartered in Hong Kong.
For more details on the Piaro Deep Basal Conventional Gas Field, buy the profile here.