OMV finishes work in two Pakistani fields

OMV AG has completed the development of Latif natural gas field and the first phase of Mehar gas-condensate field, both in Sindh Province, Pakistan.

OMV expects Latif production to reach the plateau rate of 18,600 boe/d next year. It discovered the field in 2007 and started an extended well test late in 2008. Development began in October 2012 and involved drilling of four wells and laying of a 50-km pipeline to a gas plant at Sawan (OGJ Online, Oct. 5, 2012).

OMV operates Latif field and holds a 33.34% interest. Eni and Pakistan Petroleum Ltd. hold 33% interests each.

OMV acquired the Mehar license through its July 2011 acquisition of Petronas Carigali (Pakistan) Ltd., which it renamed OMV Maurice Energy Ltd.

The first phase of Mehar development, which includes drilling of four production wells, will come on stream by the end of 2013 and produce 7,260 boe/d next year. Development included construction of a central gas and condensate processing plant.

Mehar gas will move via a 60 km pipeline to a distribution system. Stabilized condensate will move by truck to Karachi until completion of a pipeline planned to support sales to the 100,000-b/d Pak-Arab Refinery Ltd. refinery near Multan.

Mehar interests are operator OMV 59.2%, Government Holding Pvt. Ltd. 25%, Ocean Pakistan Ltd. 11.8%, and Zaver Petroleum Co. Ltd. 4%.

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