Asset Report
Badin Fields
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The fields were discovered by BP and its predecessors over a period of 25 years, on five consecutive exploration licences: Badin-I, Badin-II, Badin-II Revised, Badin-III and Mehran. The majority of fields and reserves were discovered in the 1980s and early 1990s on the Badin-I and Badin-II concessions. In September 2011, BP sold the assets to Hong Kong-based United Energy Group (UEG) for US$775 million. UEG has made significant capital investments since late-2011 which have helped increase production after a sharp fall in 2011.
Table of contents
- Summary
- Key Issues
-
Historic participation
- Badin I
- Badin II
- Badin II (Revised)
- Badin III and Mehran
- Union Texas Pakistan becomes BP
- BP sells assets to UEG
- Exploration activity by UEG
- Exploration activities in 2000s
- 7 more item(s)...
- Capital Costs
- Cash Flow
- Condensate price
- Gas price
- Global Economic Model (GEM) file
-
Cash Flow
- Badin I
- Badin II
- Badin II (Revised)
- Badin III
- Fateh Shah
Tables and charts
This report includes the following images and tables:
-
Index mapBadin concessions mapParticipation
-
Capital Costs Pre-2018 to 2026 (US$ million)Operating Costs 2026 to 2035 (US$ million)Heads of Agreement priceBadin Compression Prices (75% HSFO)Associated Gas PricesBadin 1988 Prices (66% HSFO)Reserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026
- 37 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
CNPC Ai-Dan Munai
CNPC has operated the Ai-Dan Munai oil project since 2005. It initially consisted of two legacy fields, Arisskoye and Blinovskoye, in ...
$3,720
Asset Report
Fenris Area
The Fenris Area includes two high pressure/high temperature (HP/HT) gas condensate fields approximately 20km north of the Ekofisk Complex.
$5,280
Asset Report
Norway other fields (sub-commercial) frontier areas
Fields we classify as sub-commercial are in this report. Sub-commercial fields contain hydrocarbons that are discovered with contingencies.
$5,280
