Oil and gas production in Pakistan declined 11% and 7% YoY, respectively, during 9MFY25. The contraction in hydrocarbon output stems from forced curtailments at Nashpa and the TAL block amid lower gas demand. Major oil fields such as Nashpa, Makori East, Pasakhi, Adhi, Chanda, Mardenkhel, Maramzai, Rajian, and Umar experienced a drop in production during 9MFY25.

Regarding gas production, key fields including Mari, Qadirpur, Sui, Sharf, Kandhkot, Nashpa, and Sutiari Deep registered a decline.

Oil and gas production in Pakistan decreased by 13% and 8% year over year in 3QFY25.

Drilling Activity

During 9MFY25, 15 exploratory wells and 23 appraisal/development wells were spudded, against a target of 27 exploratory wells and 40 appraisal/development wells.

Discoveries

Pakistani E&P companies’ exploration efforts in the listed space yielded 18 discoveries during 9MFY25, with a cumulative discovery size of approximately ~3,184 bopd of condensate and ~279 mmcfd of gas.

Courtesy – AHL Research