Introduction to Nowshera Block
Nowshera Exploration Block having an area of 2,136 Sq. km, Block is located in Mardan (53.83%) Swabi (38.48%) Buner (4.05%) Nowshera (3.17%) & Charsadda (0.47%) Districts of Khyber Pakhtunkhwa Province, Pakistan (Figure 1). The Block lies in Prospectivity Zone-I (Figure 2). Based on surrounding discoveries in Kohat-Bannu basin i.e. Chanda, Mela, Nashpa, Makori, Maramzai and Mamikhel, Nowshera Block is considered to be prospective.
The Block is located about 60 Kilometers from Peshawar towards North East and 300 km North West from Islamabad. It can be easily approachable by a network of highways and metaled roads from Districts Peshawar, Mardan, Nowshera and Charsadda where modern facilities are available.
Figure-1:Administrative Map of Nowshera Block
Figure 2: Nowshera Block and Surrounding Petroleum Concessions / Blocks
Nowshera E.L. Farm-Out Opportunity
KPOGCL has designed the Nowshera Block and is inviting both national and international E&P Companies interested in participating as Joint Venture with KPOGCL in Nowshera Exploration Block. KPOGCL is looking forward to farm out its 49% working interest to other E&P Companies to assist KPOGCL regarding Geological, Geophysical and Engineering studies and an initial one exploratory wells drilling program. Work Program is to begin in 2017 leading to the drilling activities in 2018. Full program cost (Capex) is estimated at US$ 42 million.
Geological Probability = 0.7 (Source) × 0.6 (Reservoir) × 0.6 (Seal) × 0.5 (Trap) = 12.6%
E&P Activity History & Reserves Potential
The Province of Khyber Pakhtunkhwa has a strand of discoveries over the past 15 years, beginning from the Chanda Oil field Discovery in 1999 which was a major achievement of Oil and Gas Development Company Limited (OGDCL). In years 2002 and 2005 MOL Pakistan (Hungarian Company) showed interest in Kohat Basin, who discovered Manzalai and Makori oil fields in Tal Block.