Premier Oil 1st Half 2014 Operational Review - Pakistan

abarrelfullabarrelfull wrote on 22 Aug 2014 11:20
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Premier’s Pakistan fields continue to perform well with the natural decline from existing wells partially offset by new production from additional development wells, intervention work at Zamzama and the tie-in of the successful K-36 exploration well at the Kadanwari field.

Production and Development
Average production in Pakistan during the first half of 2014 was 13.3 kboepd (2013: 15.3 kboepd). Production from the Qadirpur gas field averaged 3.3 kboepd (2013: 3.6 kboepd). The lower production was primarily driven by the natural decline in the field and reduced gas demand following maintenance works at a power plant in the first quarter.

Production from the Kadanwari gas field during the period was 3.5 kboepd, 30 per cent higher than the corresponding period last year (2013: 2.7 kboepd). This increase was due to new production from the K-33 and K-35 development wells which were brought on-stream in December 2013 and February 2014, respectively, and the successful K-36 exploration well which was tied-in to production in April. It is anticipated that the K-37 development well, which flowed gas to surface, will be tied-in by the end of September.

Average production from the Zamzama gas field during the period was 3.4 kboepd (2013: 5.7 kboepd) as natural decline from existing wells was partially mitigated by intervention work carried out at the Zam-4 production well in May. The joint venture is considering drilling two infill wells, with the first well likely to spud at the end of this year.

Production from the Bhit and Badhra gas fields averaged 3.1 kboepd in the first half of 2014 (2013: 3.3 kboepd). The two new Badhra development wells were brought on-stream in the first quarter of 2014 and two further wells are currently drilling. The compressor reconfiguration project at Bhit, to improve ultimate recovery from the field, commenced in the first half. The project, which will entail the installation of 10 new compressors and the relocation of one existing compressor, is targeted for completion next year.

The Zarghun South gas field is scheduled to come on-stream later this year with an expected initial run rate of 20 million standard cubic feet per day (mmscfd). All costs continue to be carried by the operator.

Exploration and Appraisal
Four exploration wells – K-36 and K-34 on Kadanwari and Badhra-8 and Badhra South-1 Deep on Badhra – were drilled in the first half of the year. The K-36 exploration well discovered gas and was tied-in to the Kadanwari facilities during April. The K-34 well, which was drilled in the second quarter, was water wet as was the Badhra-8 well which was drilled on the western flank of the Badhra structure. The Badhra South1 Deep well was also plugged and abandoned after failing to flow gas from the targeted reservoir section. The Bhit South-1 exploration well, which will test the potential of the Mughalkot sands, is expected to spud in October.


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