ISLAMABAD – The drilling activities in Indus G-Block called Kekra-1 nearKarachi coast has been completed, which had been in process since last fourmonths.
A consortium of four major oil exploration companies has finished thedrilling activities near the coast. The companies dug the Kekra-1 well tothe depth of 5,470 m at a cost of Rs 14 billion.
ExxonMobil, ENI, Oil and Gas Development Company, and Pakistan PetroleumLimited are conducting the drill stem test to determine the real size ofthe oil and gas reserves in the Kekra-1 well. According to the officials inthe Ministry of Petroleum, the drill stem test will be completed in thenext three days after which a report will be prepared, local media reported.
Earlier, the Minister for Petroleum Omar Ayub Khan and Special Assistant tothe Prime Minister on Petroleum Nadeem Babar visited the site of drillingoff the Karachi coast to review the work pace. They appreciated the pace ofthe drilling, which had entered its final stage.
Earlier in March, Prime Minister Imran Khan shared that Pakistan isexpected to find oil reserves in the sea near Karachi. He added that if thereserves are found, then the nation might not even be in need of importingoil.
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“We are hopeful of finding large reserves of gas and oil in the sea nearKarachi. The nation should pray for this and I will soon share good newsregarding this.
God willing the reserves will be so large that we will not need to importany oil,” he said, adding that soon the nation will get ‘good news’.
