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  • OMV: Discovery of gas and condensate in the Mehar block, Pakistan
    édité le 29/08/2013 - Plus de news de "OMV" - Voir la fiche entreprise de "OMV"


OMV: Discovery of gas and condensate in the Mehar block, Pakistan
OMV, the integrated, international oil and gas company, announces the discovery of gas and condensate in the Sofiya-2 exploration well in the Mehar exploration license. The presence of hydrocarbons was proven through wireline logging and testing operations. During testing, a total of 18 mn scf/d of gas plus an additional 1,550 barrels of condensate (Gross 4500 boe/d) flowed from the Ranikot formation.

The Sofiya-2 exploration well is located in the Mehar exploration license in the Sindh Province of Pakistan, around 10 km north of the Mehar gas and condensate field. OMV Maurice Energy Limited holds a 75% share in the exploration license; joint venture partners are Government Holding Private Limited (GHPL, 5%), Ocean Pakistan Limited (15%), and Zaver Petroleum Company (5%).

Sofiya-2 tested a total of 18 mn scf/d of gas plus an additional 1,550 barrels of condensate (combined 4,500 boe/d gross) which flowed from the Ranikot formation through a 48/64” choke. Further appraisal work will be required to confirm the size of the discovery.

The new discovery’s proximity to the Mehar field provides the opportunity of using the Mehar gas and condensate plant for processing. The Mehar field development is in its mechanical completion phase; production start-up is expected in Q4/13.

Jaap Huijskes, OMV Executive Board Member responsible for Exploration and Production: "We are very pleased with this result. It provides the opportunity to utilize the Mehar gas plant for processing of Sofiya gas and condensate, which should enable cost-effective and accelerated development of this new discovery. This discovery adds value to the Petronas acquisition in 2011, which is an important part of our growth strategy in Pakistan."

About OMV Aktiengesellschaft
With Group sales of EUR 42.65 bn and a workforce of around 29,000 employees in 2012, OMV Aktiengesellschaft is Austria’s largest listed industrial company. In Exploration and Production, OMV is active in two core countries Romania and Austria and holds a balanced international portfolio. OMV had proven oil and gas reserves of approximately 1.12 bn boe as of year-end 2012 and a production of around 303,000 boe/d in 2012. In Gas and Power, OMV sold approximately 437 TWh of gas in 2012. In Austria, OMV operates a 2,000 km long gas pipeline network with a marketed capacity of around 103 bcm in 2012. With a trading volume of around 528 TWh, OMV’s gas trading platform, the Central European Gas Hub, is amongst the most important hubs in Continental Europe. In Refining and Marketing, OMV has an annual refining capacity of 22 mn t and as of the end of 2012 approximately 4,400 filling stations in 13 countries including Turkey. OMV further strengthened its position through the ownership of a 97% stake in Petrol Ofisi, Turkey’s leading company in the retail and commercial business.

About OMV (Pakistan) Exploration GmbH
OMV (Pakistan) Exploration GmbH, a 100% owned subsidiary of OMV Aktiengesellschaft, started exploration activities in the Province of Sindh in 1991. The first significant gas discovery was made at Miano in the Sukkur District in eastern Sindh province in 1993, followed by the Sawan discovery in 1997. Further discoveries, Latif and Tajjal gas fields, were made in 2007.
In 2011, OMV Maurice Energy Limited acquired Petronas Carigali Pakistan Limited, which provided access to the additional fields (Mehar, Rehmat, Saqib) and exploration blocks. At present, the OMV holds an interest in eight exploration blocks in Pakistan. OMV is known in Pakistan as a socially responsible company with the highest safety and ethical standards. The community development programs in its concession areas focus on education, health, and revenue generation.


Origine : Communiqué OMV

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