KP Govt sets ambitious target to quadruple crude production


KARACHI: The provincial government of Khyber Pakhtunkhwa in Pakistan has launched ambitious plans to quadruple production of crude oil in the region.
Zahid Ullah Shinwari, director of Khyber Pakhtunkhwa Oil and Gas Company (KPOGC), on Friday said a target had been set of 200,000 barrels per day (BPD) by 2025, along with 2,000 million cubic feet per day (MMCFD) of gas.
KP currently produces about 50,000 BPD of crude, more than a half of the country’s total production of about 91,000 BPD. The province has proven reserves of 1.1 billion barrels of oil and 16 trillion cubic feet of gas, according to KPOGCL. Recent discoveries have further brightened the prospects of achieving record oil- and gas-production targets.
“Reserves have been discovered in the exploratory Baratai block well that is situated near Kohat and where KPOGCL is quite active,” said Shinwari. “The well has tested about 700 BPD of oil and 30 MMCFD of gas. Similarly, about 20 wells are also planned in other parts of the province as well, where work is expected to start within the next two years.”
Shortly before leaving office, the outgoing chief minister of KP, Pervez Khattak, opened up six blocks that had remained inactive for the past 10 years: Marwat, Kohat, Goragulto, Wali, Latamber and Paharpur.
The Oil and Gas Development Company Limited (OGDCL) also plans to conduct a seismic survey in the Wali Block, covering South Waziristan Agency, Lakki Marwat and FR Tank. In addition, other companies have completed initial work in KP, including seismic surveys and geological mapping of different exploration blocks.