Page 51 - Pakistan Oilfields Limited - Annual Report 2021
P. 51

Crude oil production (barrels thousand)  Gas production (million cubic feet)  LPG production (metric tons)


         2021  2,264                           2021  28,596                        2021  56,660
         2020  2,282                           2020  29,336                        2020  55,778
         2019  2,616                           2019  32,189                        2019  61,076
         2018  2,663                           2018  31,970                        2018  62,065
         2017  2,470                           2017  28,459                        2017  58,352
         2016  2,282                           2016  27,415                        2016  54,310
            0    500  1000  1500  2000  2500  3000  0  7000  14000  21000  28000  35000  0   20000  40000   60000












           Bandhak-1 & Pirane Deep-1 wells and necessary      At Taung block (operated by Mari Petroleum
           No Objection Certificate (NOC) has been issued.    where POL has 40% share), 3D Seismic
           NOC from Forest and Wildlife Department is         acquisition of 241 square kilometers has been
           awaited to start the exploration activities.       completed out 540 Square kilometers.

           At Margala block (operated by MOL where POL        In the recent bidding of Exploration Blocks, POL
           has a 30% share), 2D Seismic acquisition of 203    has won the following blocks:
           line kilometers has been completed, processed
           and interpreted.  A prospect has been mapped.      1.  Dhurnal North Block - Operator with 60% share
                                                              2.  Nereli Block - Non-Operator with 32% share
           At Tal block (operated by MOL where POL has
           pre commerciality share of 25%), based on 3D       Subsidiary - Capgas (Private)
           Seismic data interpretation, an exploratory well
           Razgir has been approved by the joint venture      Limited (CAPGAS)
           partners. 152.93 square kilometers Seismic         CAPGAS earned a profit after tax of Rs 14.6
           data acquisition over KOT area was completed       million (2020: Rs. 47.2 million) and declared a
           and data processing work is going on. At TAL       total dividend of 291% for the year 2021 (2020:
           West area, 3D Seismic acquisition of 510 square    680%). CAPGAS received an average of 22.59
           kilometers has been completed.                     MTD of LPG from Adhi plants and an average of

           Mamikhel South-01 well production line has         3.23 MTD of LPG from PARCO.
           been completed. In order to start production
           Government’s approval is awaited for the 2012      Crude Oil Transportation
           Petroleum Policy Gas Price.
                                                              Khaur Crude Oil Decanting Facility (KCDF)
           At Gurgalot block (operated by OGDCL where         continued to operate satisfactorily. During the
           POL has 20% share), 320 square kilometers 3D       year, 7.3 million barrels (2020: 6.7 million barrels)
           seismic data acquisition has been completed        of crude oil from Nashpa, TAL Blocks and others
           and data processing /interpretation is in          were pumped to Attock Refinery Limited through
           progress.                                          this facility and pipeline.





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