Gas, oil production decline WoW in May's final week

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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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