PPL discovers new oil and gas reserves in Pakistan

PPL discovers new oil and gas reserves in Pakistan

ISLAMABAD - Pakistan Petroleum Limited has discovered new oil and gas reserves in Pakistan.

PPL the operator of Gambat South Block (2568-18) with 65 percent working interest (WI), along with its joint venture partners Government Holdings (Private) Limited and Asia Resources Oil Limited, having 25 percent and 10 percent WI, respectively made a gas and condensate discovery from its exploration well Badeel X-1 located in District Sanghar, Sindh.

Badeel X-1 was spud on May 16, 2018 and reached the final depth of 4150 meters on July 17, 2018. Based on wire line logs, potential hydrocarbon bearing zones were identified inside Massive Sand (Deep).

Initial testing of the most prospective zone in Massive Sand (Deep) of Lower Goru Formation flowed 23.4 million cubic feet per day of gas along with 91 barrels per day of condensate at flowing wellhead pressure of 3250 psi on 40/64″ choke, thereby confirming the presence of substantial quantities of hydrocarbons. Testing of the zone is in progress at various choke sizes and the well is being flowed. However, actual flow potential of Badeel X-1 will be assessed after completion of the test.

Moreover, the entire potential of the well will be determined after evaluating and testing of its other potential hydrocarbon bearing zones.

The discovery will add hydrocarbon reserves, reducing the supply and demand gap in the country.