New onshore gas field discovered in Pakistan

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New onshore gas field discovered in Pakistan

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The onshore gas field is located in the Khirtar Fold Belt region, 350 kilometers north of Karachi.

19 September,2012 03:30 pm

Italian oil group Eni said on Wednesday it had discovered a new onshore gas field in Pakistan with about 8.5-11.5 billion cubic metres of gas in place.A test revealed the gas quality is excellent, Eni said.The drilling of Badhra North B-1 is part of Enis new strategy in Pakistan which aims to refocus exploration activities in the neighboring areas to productive fields and confirms the presence of significant exploration potential that can be exploited through the application of new geological models, the Italian group added.Eni said it has started discussion with the Pakistani regulator in order to speed up the production of the discovery through a long-term production test that will allow for the commercialization of gas, and help to reduce the national gas deficit.Eni has been present in Pakistan since 2000 and is the largest producer in the country, with an average equity production at approximately 54,800 barrels of oil equivalent per day in 2011.