ISLAMABAD – The Eni’s Kekra well for oil and gas reserves in Pakistaniwaters is among three highly prospective wells in the world, internationalenergy research agency Rystad Energy said in its report.
According to a private media outletlink,Rystad Energy, in its report on the prospective new discoveries of energyresources, said that the Kekra well in Pakistani waters has pre-drillprospective resource estimates of 1.5 billion barrels of oil or equivalent.
Other two prospective energy reserves reported by Rystad are theShell-operated Peroba well off Brazil with pre-drill prospective resourceestimates of 5.3 billion barrels of oil or equivalent and theTotal-operated Etzil well off Mexico with pre-drill prospective resourceestimates of 2.7 billion barrels of oil or equivalent.
“If these wells prove successful, 2019’s interim discovered resources willbe the largest since the downturn in 2014,” an expert said.
In the statement, Rystad said the push for substantial new discoveries inthe energy sector shows no signs of slowing down, with another 35 “highimpact” exploration wells expected to be drilled this year, both onshoreand offshore.
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Global discoveries of conventional resources in the first quarter reached arobust 3.2 billion barrels of oil or equivalent. Most of the gains wererecorded in February, posting 2.2bbo of discovered resources.
Majors are leading the charge in exploration, reporting more than 2.4bbo ofoil equivalent of discovered resources. The six largest discoveries by themajors each exceed 150mmbbl of oil or equivalent, and the top three couldeven hold more than 300mmbbl of oil or equivalent apiece.
ExxonMobil was the most successful, with three significant offshorediscoveries accounting for a whopping 38 per cent of total discoveredvolumes. European majors Total and Eni are also in the fold with successfuloffshore wells in South Africa, the UK, Angola and Egypt.
