PM Nawaz inaugurates Latif Gas Field Khairpur

[Edevelop]

MONITORING DESK ISLAMABAD: Prime Minister Mian Muhammad Nawaz Sharif inaugurated the Latif Gas Field Khairpur here on Thursday, Local TV reported.

While speaking from the occasion, PM Nawaz said that it is an honour for him to launch the Latif Gas Field project. He continued saying that the country is currently facing severe shortage of gas and this project will help in overcoming the gas crisis as the field will add one hundred million cubic feet of gas to the national grid per day.

Latif Gas Field is the partner of OMV Australia in the project. The Chief Executive of OMV, while addressing from the inaugural session, told that Latif Gas Field was discovered in 2007 and the gas obtained from the field constitutes three percent of the national grid.

He further told that Pakistan owns 70 percent of the project and that the gas produced from Latif Gas Field will be added in the national grid through Sawan Processing Plant for which 50 km long pipeline has been laid.

Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi was also present on the occasion.

The Prime Minister was briefed on the gas field project.

PM Nawaz inaugurates Latif Gas Field Khairpur

 

[niaz]

MONITORING DESK ISLAMABAD: Prime Minister Mian Muhammad Nawaz Sharif inaugurated the Latif Gas Field Khairpur here on Thursday, Local TV reported.

While speaking from the occasion, PM Nawaz said that it is an honour for him to launch the Latif Gas Field project. He continued saying that the country is currently facing severe shortage of gas and this project will help in overcoming the gas crisis as the field will add one hundred million cubic feet of gas to the national grid per day.

Latif Gas Field is the partner of OMV Australia in the project. The Chief Executive of OMV, while addressing from the inaugural session, told that Latif Gas Field was discovered in 2007 and the gas obtained from the field constitutes three percent of the national grid.

He further told that Pakistan owns 70 percent of the project and that the gas produced from Latif Gas Field will be added in the national grid through Sawan Processing Plant for which 50 km long pipeline has been laid.

Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi was also present on the occasion.

The Prime Minister was briefed on the gas field project.

PM Nawaz inaugurates Latif Gas Field Khairpur

According to my info, which is about a year old, Latif gas field has about 0.4TCF gas reserves. Since the field is now fully operational, would greatly appreciate if any member with contacts in PPL or OMV can obtain an up-to-date figure.

 

[farhan_9909]

According to my info, which is about a year old, Latif gas field has about 0.4TCF gas reserves. Since the field is now fully operational, would greatly appreciate if any member with contacts in PPL or OMV can obtain an up-to-date figure.

considering ET as source

Latif field, in which Pakistan Petroleum Limited holds a 33% working interest, is currently producing 60 to 65 mmcfd of gas, according to brokerage house, Topline Securities.

“When production reaches the number (100 mmcfd) announced in the (PM) speech, this will have an additional annualised impact of Rs0.4-0.5 per share on PPL,” it said in a research note.

Latif field to boost production to 100 mmcfd of gas – The Express Tribune

 

[niaz]

considering ET as source

Latif field to boost production to 100 mmcfd of gas – The Express Tribune

Hon Sir,

This is the daily production figure, I am inquiring about total RESERVES.

100 MMCFT per day translates into 36.5 billion cft per year. At 0.4 TCF (400-billion cft) this means field life of about 30 years.

Since 1-bbl of oil equates to roughly 6,000 cft of natural gas. 0.4tcf means total reserves of about 67-million barrels of oil. In other words this a small field barely commercially viable.

However my data is old and I am looking for a recent 'Reserve' estimate.

 

[farhan_9909]

Hon Sir,

This is the daily production figure, I am inquiring about total RESERVES.

100 MMCFT per day translates into 36.5 billion cft per year. At 0.4 TCF (400-billion cft) this means field life of about 30 years.

Since 1-bbl of oil equates to roughly 6,000 cft of natural gas. 0.4tcf means total reserves of about 67-million barrels of oil. In other words this a small field barely commercially viable.

However my data is old and I am looking for a recent 'Reserve' estimate.

What if we double the output and put the life of the field from 30years to 15years?

And sir do you have any idea about how Big are the natural gas reserves in karak,KPK?and in other parts such as the GURGORI gas field?

 

[niaz]

What if we double the output and put the life of the field from 30years to 15years?

And sir do you have any idea about how Big are the natural gas reserves in karak,KPK?and in other parts such as the GURGORI gas field?

Reservoir engineering is a specialised discipline. If you produce too much, field dies out and production stops. It takes years for the field to recover. I would therefore not advise to double the production until such time the reservoir has been thoroughly tested for optimum production rate.

Having special interest in the Energy field; I endeavour to keep information about oil & gas production in Pakistan. Most of the info is gathered from the newspapers reports and the data published in the Oil & Gas Journal.

Regrettably there are no specialised Energy Journalists in Pakistan and most news reports are sketchy , written with a view to generate a feel good factor rather than getting down to specifics.

For example you would find no report about Karak field where its reserves are mentioned, only the production figure of 1,700 bbl. per day of 26 API crude. I had to ask one of my friends who knows someone in the Mari Gas Company limited for this info. I therefore can’t vouch for its veracity. Karak is an oil field with estimated reserves at about 30-million bbl. of 26 API crude.

Gurgori is a gas field. Again no reserve figure is mentioned in any published article. It is larger field that Latif gas field but reserves are certainly less that 1.0 TCF. A good guess would be about 500-600 billion cft.

 

[Bilal.]

Reservoir engineering is a specialised discipline. If you produce too much, field dies out and production stops. It takes years for the field to recover. I would therefore not advise to double the production until such time the reservoir has been thoroughly tested for optimum production rate.

Having special interest in the Energy field; I endeavour to keep information about oil & gas production in Pakistan. Most of the info is gathered from the newspapers reports and the data published in the Oil & Gas Journal.

Regrettably there are no specialised Energy Journalists in Pakistan and most news reports are sketchy , written with a view to generate a feel good factor rather than getting down to specifics.

For example you would find no report about Karak field where its reserves are mentioned, only the production figure of 1,700 bbl. per day of 26 API crude. I had to ask one of my friends who knows someone in the Mari Gas Company limited for this info. I therefore can’t vouch for its veracity. Karak is an oil field with estimated reserves at about 30-million bbl. of 26 API crude.

Gurgori is a gas field. Again no reserve figure is mentioned in any published article. It is larger field that Latif gas field but reserves are certainly less that 1.0 TCF. A good guess would be about 500-600 billion cft.

Sir, there was much fanfare about zin field a couple of years ago, any information what happened on that front.

 

[niaz]

Sir, there was much fanfare about zin field a couple of years ago, any information what happened on that front.

Zin block located in Dera Bugti area is surrounded by many gas producing fields. Initial reports by OGDCL suggested vast reserves. But so far they have drilled only one well. One needs to drill at least 2 to 3 additional exploratory wells to determine the size and thickness of the pay zone.
I have read glowing articles about it appearing late 2011 & in 2012 stating that it would change energy landscape of the country. If the deposits do turn out to be in the region of 10 tcf; it will.

However I have not come across any recent data on the size of Zin reserves and Zin field is not listed on the OGDCL website among the producing fields.

On the down side; I have across reports which suggest due to higher percentage of CO2, gas from Zin field has a low heating value in the region of 400 – 500 BTU per cft.

Heating value of pure methane is 1013 BTU per cubic foot. Sui gas with 94% methane has BTU in excess of 900 per cft.

Nevertheless even if Zin turns out to be about the same size as Uch (4 tcf) it is nothing to be sneezed at and could easily fuel a couple of 500 MW power plants for a very long time.