Pakistan’s oil an average production increased by 19 percent in the first quarter of 2014-15 (1Q FY15) to stand at 94,000 barrels of oil per day (bopd) as compared with 79,000 bopd in corresponding period last year, whereas the average gas production during the period dropped 1 percent to 3,955 million cubic feet per day (mmcfd) versus 3,977 mmcfd in 1Q FY14.
Overall, the hydrocarbon production in Pakistan, which stood at an average 787,000 barrels of oil equivalent per day (boed) in 1Q FY14, averaged 799,000 boed in 1QFY15, up merely 1 percent in 1Q FY15 as per statistic provided by exploration and production of companies to local equity research centre.
