Pakistan
MOL Pakistan Oil and Gas Co. B.V.
12.7 MMboe
6.0 mboepd
MOL Pakistan, a fully owned subsidiary of MOL Group, has been operating in the country since 1999. Pakistan plays a pivotal role in the company's international portfolio, particularly in production and exploration. MOL Pakistan holds working interests in four blocks, operating the TAL and Margalla blocks, while the Karak and DG-Khan blocks are non-operated. Additionally, the company is a major producer of condensate, crude oil, LPG, and natural gas in Pakistan, contributing significantly to the country's energy supply.
Exploration program
In 2023, in the operated Margalla block, Tarnol-1 well was plugged and abandoned, while in TAL block, Razgir-1 exploration well was spudded in January 2024. Test reprocessing of seismic data post-well evaluation has been completed for DG Khan-1 and Surghar-1, while reprocessing of ~800 km of 2D seismic data is ongoing for the Margalla Block. A one-year extension of the exploration licenses for Margalla and TAL has been granted. Additionally, an exploration license for the Karak block has been granted until end 2024.
Production & Field Development program
In 2023, as part of the TAL Block development, Mamikhel South-01 well was brought into production. Manzalai Secondary Compression project has been commissioned, and detailed engineering for Makori East Secondary Compression was completed. Makori East-5 sidetrack drilling was completed, and production commenced in January 2024. Makori Deep Reservoir Simulation study has been completed, maturing the Makori Deep-3 development opportunity, while Makori East Reservoir Simulation study has been initiated. Reservoir Simulation Model update for Maramzai is currently underway, and the kick-off for Mardankhel Integrated Model Evaluations has been completed. Additionally, multiple production optimization jobs were completed.
PRIORITIES FOR UPCOMING YEARS
MOL Pakistan is vigorously advancing its exploration and development initiatives to bolster its presence in the country, concurrently expanding its operational footprint through the acquisition of new acreages. The company is steadfast in executing ongoing field development activities within the TAL Block and perpetuating exploration efforts across both operated and non-operated blocks.
For details of other E&P operations, please click on the highlighted countries below: