Pakistan Oil and Gas Production Faces Setbacks in FY25

Pakistan oil and gas production saw a notable decline in the first half of the current fiscal year with oil output dropping by 10 percent and gas production falling by 7 percent according to the latest figures

The primary reasons for the reduction in hydrocarbon production were forced curtailments at the Nashpa field and the TAL block driven by decreased gas demand Several key oil fields such as Nashpa Makori East Pasakhi Maramzai Mardenkhel Rajian and Dhok Sultan experienced reduced output during the July to December period of FY25

On the other hand certain fields like Mamikhel South Sono and Bettani saw an increase in production during this time

Gas output also decreased at major fields including Mari Qadirpur Sui Sharf Kandhkot Nashpa and Sutiari Deep Quarter on quarter oil production saw a 12 percent year on year decline while gas output dropped by 7 percent in Q2 of the fiscal year

Exploration efforts during FY25 first half were underwhelming with only 11 exploratory wells and 15 appraisal or development wells drilled far behind the targets of 27 and 40 respectively

Nevertheless exploration and production E&P companies managed to make 15 new discoveries yielding a combined total of about 2075 barrels of oil per day bopd and 215 million cubic feet per day mmcfd of gas