New hydrocarbon reserves discovered in Pakistan

New hydrocarbon reserves discovered in Pakistan

Pakistan Petroleum Limited (PPL) as an operator (33.3 percent), hasdiscovered hydrocarbons in its Latif Block at Mohar-1 exploratory well,Sindh.

According to its notice issued to the Pakistan Stock Exchange, thediscovery was made inside the Mohar-1 exploratory well in the Latif Blocksituated in the Sindh Province. PPL holds a 33.30 percent working interest.ENI Pakistan Limited holds 33.30 percent, and United Energy PakistanLimited (UEPL), which is the operator of the block, holds 33.40 percentworking interest.

The well was drilled and tested using the operator’s internal expertise andin consultation with the Block’s joint ventures partners. The well wasdrilled to a depth of 12,111 ft. with a reservoir target of Lower GoruSands.

After completion of the well, B sand zone (11,778-11,788 ft KB) wasperforated, which flowed 14.3 MMscfd (million standard cubic feet per day)of gas at FWHP (wellhead flowing pressure) of 2730 PSIG (pounds per squareinch) at 32/64” choke size.

This discovery is a result of the aggressive exploration strategy adoptedby Pakistan Petroleum Limited. It has extended the hydrocarbon play area inthe region by successfully discovering another stock of natural resourcesat the Latif Block.

The discovery will add to PPL’s hydrocarbon reserves and would contributeto reducing the gap between the supply and demand of hydrocarbon reservesin the country through the exploitation of indigenous resources with jointventure partners.link