OMV announces new gas discovery in the Latif block, Pakistan

OMV, the integrated, international oil and gas company, announces the discovery of gas in the Latif South-1 exploration well in the Latif exploration license. The presence of hydrocarbons was proven through wireline logging and testing operations. During testing, the well flowed 2500 boe/d (15 mnscf/d; gross)of gas from Lower Goru Intra C Sands.

This discovery has opened up new exploration opportunities in the area. Further appraisal work is needed to confirm the size of the discovery.The Latif South-1 exploration well is located in the Latif exploration license in the Sindh Province of Pakistan, around 25 km south of the Latif gas field.

The new discovery’s proximity to the Latif field provides the opportunity of using the Latif facilities for transmitting the gas to nearby existing processing facilities.

OMV (PAKISTAN) Exploration Gesellschaft m.b.H. holds a 33.4% share in the exploration license; joint venture partners are Pakistan Petroleum Limited (33.3%) and Eni Pakistan (M) Limited (33.3%).

Johann Pleininger, OMV Executive Board Member responsible for Upstream said : “We are very pleased with this exploration success. The appraisal and development of this discovery will potentially enable us to enhance the production in Pakistan.”

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/12102015/omv-announces-new-gas-discovery-in-the-latif-block-pakistan/