OMV: Gas Discovered in Pakistan's Latif License

OMV announced Monday that gas has been discovered in the Latif South-1 exploration well, located in Pakistan’s Latif exploration license.

The presence of hydrocarbons was proven at the well through wireline logging and testing operations. During testing, the Latif South-1 well flowed at a rate of 2,500 barrels of oil equivalent per day (15 million cubic feet of gas per day), although the company has stated that “further appraisal work is needed to confirm the size of the discovery”.

Johann Pleininger, OMV executive board member responsible for upstream, commented in a company statement:

"We are very pleased with this exploration success. The appraisal and development of this discovery will potentially enable us to enhance the production in Pakistan."

OMV (Pakistan) Exploration Gesellschaft m.b.H.  holds a 33.4 percent share in the exploration license. Joint venture partners Pakistan Petroleum Limited and Eni Pakistan (M) Limited both hold a 33.3 percent interest. 

Have a news tip? Share it with Rigzone!


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at
 -  Aker Solutions to Buy Brazilian C.S.E (Oct 21)
 -  Sea Trucks Group Secures Work Offshore... (Oct 21)
 -  Shell Divests Non-Core Oil, Gas Proper... (Oct 21)
 -  Petrofac Appoints New CFO (Oct 21)
 -  Wheatstone LNG Development Start-Up in... (Oct 20)

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Broussard: AFO Monitoring Specialist, Sr
Expertise: Geoscientist
Location: Broussard, ME
Mid to Senior-Level Environmental Geologist
Expertise: Environmental Engineer|Geologist
Location: Wichita, KS
Senior GIS Analyst- Spatial Data Management
Expertise: Geoscience Technician
Location: Houston, TX
search for more jobs

Brent Crude Oil : $51.46/BBL 0.61%
Light Crude Oil : $50.52/BBL 0.64%
Natural Gas : $2.83/MMBtu 5.35%
Updated in last 24 hours