Gas, oil production decline WoW in May's final week
MG News | June 04, 2026 at 12:04 PM GMT+05:00
June 04, 2026
(MLN): Pakistan's oil and gas production declined for the week ending May
31, as output fell across both hydrocarbons on a week-on-week basis.
Gas production
dropped 1.9% WoW to 3,070 mmcfd from 3,130 mmcfd the previous week, while oil
production fell 2% WoW to 69,516 bopd from 70,924 bopd, according to data
compiled by Arif Habib Limited.
|
24-31 May |
17-23 May |
WoW Change |
|
|
Oil Production
(bopd) |
69,516 |
70,924 |
-2.0% |
|
Gas Production
(mmcfd) |
3,070 |
3,130 |
-1.9% |
Among companies
tracked in AHL's E&P universe, OGDC posted the largest oil output decline
of 2.7% WoW to 35,689 bopd, the highest absolute volume among listed E&P
companies. PPL fell 1.3% to 11,783 bopd and POL declined 1.9% to 4,070 bopd.
MARI bucked the
trend, rising 1.7% to 1,434 bopd.
On the gas side,
OGDC's output fell 2.9% WoW to 685 mmcfd, while PPL slipped 0.7% to 546 mmcfd
and POL dropped 1.4% to 63 mmcfd. MARI was the sole gainer, rising 2.6% to 998
mmcfd.
|
Company |
Oil (bopd)
24-31 May |
Oil (bopd)
17-23 May |
WoW |
Gas
(mmcfd) 24-31 May |
Gas
(mmcfd) 17-23 May |
WoW |
|
POL |
4,070 |
4,147 |
-1.9% |
63 |
64 |
-1.4% |
|
PPL |
11,783 |
11,933 |
-1.3% |
546 |
550 |
-0.7% |
|
OGDC |
35,689 |
36,690 |
-2.7% |
685 |
706 |
-2.9% |
|
MARI |
1,434 |
1,410 |
+1.7% |
998 |
973 |
+2.6% |
Major
Producing Fields — Oil
At the field
level, Nashpa remained the top oil-producing field, edging up 1.1% WoW to
10,853 bopd. Makori East recorded the steepest decline, falling 11.6% to 4,091
bopd. Adhi rose 3.1% to 4,850 bopd and Marden Khel gained 3.8% to 1,164 bopd,
providing partial offsets. Kunner Pasaki Deep slipped 0.8% to 5,315 bopd, while
Baragzai was broadly flat at 6,173 bopd.
Major
Producing Fields — Gas
On the gas side,
Mari remained the largest producing field, rising 2.4% WoW to 927 mmcfd. Uch
recorded the sharpest decline, plunging 16% to 342 mmcfd, followed by Sutiari
Deep which fell 11.8% to 78 mmcfd. Nashpa rose 5.3% to 100 mmcfd and Shewa
gained 5.7% to 100 mmcfd, while Sui slipped 0.6% to 229 mmcfd and Qadirpur fell
1.2% to 109 mmcfd.
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