PEL core startegy is to explore and find hydrocarbons in the Lower Indus/ Middle Indus Basin where infrastructure is well developed for marketing.
PEL holds exploration and production rights over 17,300 km2 area in some of the best proven and potential areas for hydrocarbon find in Pakistan.
Currently PEL acreage portfolio consists of 06 development and production leases and 10 exploration licenses, 03 offshore exploration licenses and 02 non-operated licenses.
PEL acreages are adjacent to some of the top gas producers; e.g. Qadirpur (500 MMscfd gas) in the north, Mari (465 MMscfd gas) in east, Sawan etc (500 MMscfd gas) in south. These areas are located in the central gas producing basin, which produces over 70% of the total Pakistan gas reserves.
Exploration Licenses and Mining Leases
S# |
Exploration Licence
Name & Block No. |
Licence No. |
Award Date/Status |
Area
(Sq Km) |
WIO’S |
| 1 |
Mirpur Mathelo (2769-9) |
(304/PAK/2002) |
3rd Jun 02 |
1030.68 |
PEL (Operator) 47.5%
Frontier 47.5%
GHPL 5%(Carried) |
| 2 |
Salam (2769-13) |
(327/PAK/2003) |
20th Dec 03 |
200.22 |
PEL (Operator) 50%
Frontier 50% |
| 3 |
Karsal (3272-12) |
(326/PAK/2003) |
3rd Jun 05 |
724.42 |
PEL (Operator) 50%
Frontier 50% |
| 4 |
New Larkana (2768-10) |
(352/PAK/2005) |
3rd Jun 05 |
2425.96 |
PEL 100% |
| 5 |
Badin IV North (2468-6) |
(363/PAK/2005) |
5th Jan 06 |
1246.03 |
PEL (Operator) 50%
Frontier 50% |
| 6 |
Badin IV South (2468-5) |
(366/PAK/2005) |
5th Jan 06 |
1265.33 |
PEL (Operator) 50%
Frontier 50% |
| 7 |
Offshore Indus-J (2266-4) |
(6/PAK/2005) |
29th Sep 06 |
2436.3 |
PEL (Operator) 67%
BP 33% |
| 8 |
Offshore Indus-P (2365-3) |
(14/PAK/2006) |
29th Sep 06 |
897.48 |
PEL (Operator) 67%
BP 33% |
| 9 |
Offshore Indus-O (2266-7) |
(13/PAK/2006) |
29th Sep 06 |
833.78 |
PEL (Operator) 67%
BP 33% |
| 10 |
Jhangara (2567-5) |
(344/PAK/2005) |
27th Apr 05 |
358 |
PEL(Operator) 40%
OGI 60% |
| 11 |
Kaloi (2468-8) |
(392/PAK/2007) |
25th Sep 07 |
2485.1 |
PEL 100% |
| 12 |
Mirpurkhas West (2568-16) |
(393/PAK/2007) |
25th Sep 07 |
199.3 |
PEL 100% |
| 13 |
Sanghar East (2669-5) |
(394/PAK/2007) |
25th Sep 07 |
2493.1 |
PEL 100% |
| 14 |
Sukkur ( 2768-9) |
(376/PAK/2006) |
20th April 06 |
2435.4 |
PEL 35%
MGCL (Operator) 65% |
| 15 |
Zamaurdan( 2869-12) |
(328/PAK/2004) |
2nd Nov 04 |
2080.58 |
OGDCL(Operator) 40%
OMV 30%
MGCL 20%
PEL 10% |
S# |
Development & Production Leases |
Lease No. |
Award Date/Status |
Area (Sq Km) |
WIO’s |
| 1 |
Badar D&PL |
(151/PAK/2002) |
13th Mar 02 |
122 |
PEL (Operator) 26.32%
OGDCL 50%
Sherrit 15.79%
Spud 7.89% |
| 2 |
Hasan D&PL |
(157/PAK/2003) |
3rd Apr 03 |
37.05 |
PEL (Operator) 26.18 %
PPL 35.52%
Pyramid 15.78%
GHPL 22.50% |
| 3 |
Sadiq D&PL |
(155/PAK/2003) |
3rd Apr 03 |
40.72 |
| 4 |
Khanpur D&PL |
(156/PAK/2003) |
3rd Apr 03 |
41.78 |
| 5 |
Hamza EWT |
(171/PAK/94) |
7th Apr 04 |
173.12 |
| 6 |
Kandra ML |
(171/PAK/2006) |
5th Jan 06 |
286.08 |
PEL (Operator) 37.5%
Frontier 37.5%
GHPL 25% |
PEL Joint Venture Partners
The diversity of operating companies which are joint venture partners with PEL clearly shows their confidence in PEL as a sound operating company. Below is the list of our esteemed joint venture partners.
- GHPL (Government Holdings Private Limited)
- PPL (Pakistan Petroleum Limited)
- PEII (Pyramid Energy International Incorporated)
- OGDCL (Oil & Gas Development Company Limited)
- BP (British Petroleum)
- FHPL (Frontier Holdings Private Limited)
- SHERRITT International Oil & Gas Limited
- SPUD Energy Limited
- OGI (Oil & Gas Investments)
- MGCL (Mari Gas Company Limited)
- OMV Pakistan
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