PGNiG expands Pakistan presence with license farm in

Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) plans to evaluate the resource potential of the Musakhel license through seismic surveys scheduled to begin in 2022 having recently acquired a 25% interest in central Pakistan asset. Based on data from deposits discovered in the vicinity, the company estimates license resources of 16 billion cu m (bcm) of natural gas.

The 2,176-sq km block lies in the northeastern part of Pakistan's Balochistan province. Analysis of the seismic data will be a starting point to design drilling operations, the company said in a May 19 release, and energy infrastructure investment projects executed in recent years in adjacent areas will facilitate development of potential resources, the company continued.

Pakistan Petroleum Ltd. is operator with 37.2% interest. Partners are Oil & Gas Development Co. Ltd. (35.3%), PGNiG (25%), and Government Holdings Pvt. Ltd. (2.5%).

Currently, PGNiG has exploration and production operations in Pakistan in the Kirthar license area, Sindh province where two fields, Rehman and Rizq, are producing for the company. Since 2015, PGNiG has operated a gas production facility on the Rehman field – its first gas production facility outside Poland.

In 2020, PGNiG’s gas production in Pakistan was about 300 million cu m, an increase of 50% year-on-year. The company plans to continue exploration work on the Kirthar license area and plans to drill and develop further production wells on Rehman and Rizq fields.