Page 47 - Pakistan Oilfields Limited - Annual Report 2020

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Chak Naurang (operated by
OGDCL, where POL has 15%
share), Chak Naurang South-1
well tested for 900 barrels of oil
per day at Well Head Flowing
Pressure of 150 psi at choke
size of 32/64”. Production
from the well has not yet been
started.
Exploration Blocks
At Ikhlas block (operated by
POL with an 80% share), 3D
Seismic Acquisition of 213
square kilometers over Langrial
prospect was in progress
and so far acquisition of 36
square kilometers has been
completed. Further contract has
been terminated due to non-
performance. Jhandial – 2 well
target depth was achieved and
testing is in progress.
At DG Khan Block (operated
by POL with a 70% share),
DGK-1, an exploratory well,
has been approved. Presently,
construction of access road and
well site is in progress.
At Kirthar South Block (operated
by POL with an 85% share),
environment study is in
progress prior to initiating the
exploration activities.
At Margala block (operated by
MOL where POL has a 30%
share), 2D Seismic acquisition
of 203 line kilometers has been
completed, processed and
interpreted. A prospect has
been mapped.
At Tal block (operated by
MOL where POL has pre
commerciality share of 25%),
152.93 square kilometers
Seismic data acquisition over
KOT area was completed
and data processing work is
going on. At TAL West Area,
3D Seismic acquisition of 510
square kilometers has been
completed.
Mamikhel South-01, tested
3,240 barrels per day of
condensate, 16.12 mmscf of
gas per day and 48 barrels
per day of water at 32/64”
fixed choke size at the flowing
wellhead pressure of 4,476 psi.
Efforts are underway to connect
this well to the production line.
At Gurgalot block (operated by
OGDCL where POL has a 20%
share), 320 square kilometers
3D seismic data acquisition
has been completed and data
processing /interpretation is in
progress.
At Taung block (operated by
Mari Petroleum where POL
has 40% share), 3D Seismic
acquisition planning is in
progress.
Subsidiary
Capgas (Private) Limited
(Capgas)
CAPGAS earned a profit after
tax of Rs 47.2 million during the
year (2019: Rs 9.6 million). It
has declared a total dividend of
680% for the year 2020 (2019:
300%). The Company received
an average of 24.68 metric
tons per day LPG from the Adhi
plants and an average of 3.64
metric tons per day of LPG from
PARCO.
Crude Oil
Transportation
Khaur Crude Oil Decanting
Facility (KCDF) continued to
operate satisfactorily. During
the year, a total of 6.7 million
barrels (2019: 9.5 million barrels)
of crude oil from Nashpa, TAL
Blocks and others were pumped
to Attock Refinery Limited
through this facility and pipeline.
2017
2,470
2018
2,663
2019
2,616
2020
2,282
0
500 1000 1500 2000 2500 3000
Crude oil production (barrels thousand)
2016
2,282
2015
2,300
0
7000 14000 21000 28000 35000
Gas production (million cubic feet)
23,263
2020
29,336
2019
32,189
2018
31,970
2017
28,459
2016
27,415
2015
25,959
0
20000
40000
60000
80000
LPG production (metric tons)
2018
62,065
2017
58,352
2016
54,310
2015
49,020
2019
61,076
2020
55,778
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PAKISTANOILFIELDS LIMITED